Nissan’s CEO Finally Confirms Leaf Sales Will Not Meet Target image

Carlos Ghosn, Nissan’s CEO, confirmed the fact that the automaker will not manage to meet the sales target for its all-electric Leaf.

“The forecast we have given ourselves for the year will not be reached, ” Ghosn told Bloomberg Television in Mexico City on Thursday.

Although the automaker had enough months of sluggish sales to acknowledge the fact that it will be impossible to meet the target for this year, the company didn’t admit until now that it will not sell 20,000 vehicles this year, which would have meant doubling the almost 10,000 sold in 2011. Last month Nissan sold 1,579 Leafs, being the best month so far this year. During the first ten months of the year the company sold 6,791 Leafs, a decrease of 15.6% compared with the same period last year.

Ghosn also predicted that by 2020, 10% of all vehicles sold will be electric and that the Renault-Nissan alliance will sell 500,000 EVs annually by the end of 2013 and 1.5 million by 2016. Analysts doubt this plan too, as Nissan last month was boasting that it will meet the target for this year, which was obvious for everyone they won’t be able to do that.