Global car market to grow 2%in 2015: Renault-Nissan CEO

Tuesday, 3 March 2015 00:28 - - {{hitsCtrl.values.hits}}

Barcelona (Reuters): The global car market is on course to achieve a growth this year of 2%, Renault-Nissan Chief Executive Carlos Ghosn told Reuters on Monday, confirming an earlier estimate. “I think for 2015, we said the market is going to be in a moderate growth - 2%,” Ghosn said in an interview on the sidelines of the Mobile World Congress in Barcelona. “We didn’t change our opinion: We have some good news, we have some bad news, but they all compensate each other so we are still on a trend of 2%,” he said referring to the company as a whole. Even though growth in Asia is expected to help offset a sharp fall in Russia, that rate would mark a slowdown from 2014 when the global car market saw growth of about 3.5%.

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