
Nissan CEO Carlos Ghosn said the market won’t be ready for fuel cell vehicles before 2020, joining Tesla’s Elon Musk in questioning the future of hydrogen-powered cars.

Nissan CEO Carlos Ghosn said the market won’t be ready for fuel cell vehicles before 2020, joining Tesla’s Elon Musk in questioning the future of hydrogen-powered cars.

Russia’s largest carmaker AvtoVAZ swung to a first-half net loss as the country’s economic slowdown took a heavy toll on demand.