Nissan to launch Infiniti in Western Europe

According to Nissan Motor Co. Ltd. CEO Carlos Ghosn, the automaker is prepping to launch diesel and gasoline variants of its Infiniti models in Western Europe in 2008. The development came as the company announced its 2005 fiscal year financial results. The move comes after Infiniti announced it will be sold in Russia this year and Ukraine and China in 2007. Ghosn said that the Infiniti brand is the fastest-growing luxury nameplate in the United States, though the lack of new models prompted a drop in profits for the 2005 fiscal year.

[Sources: Europa Press via PRNewswire; Nissan]