Renault chief sees Europe auto market slowing in 2015

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AFP, Shanghai :
French carmaker Renault chairman, Carlos Ghosn, said Saturday that he expects slower growth in Europe’s auto market next year as it continues to recover from the global economic crisis.
Ghosn, who is also Renault’s chief executive officer, said the European market was growing at six percent so far this year-the best since the 2007 crisis.
“I’m expecting in 2015 this recovery to continue,” Ghosn told journalists on the sidelines of an industry forum in China’s commercial hub Shanghai.
“I don’t see another six percent increase. I think the increase will probably be more moderate than six percent… in line with GDP (gross domestic product) growth,” he said, but gave no estimates for Renault alone.

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