Bloomberg News

Ghosn Sees Record Year for Automotive Industry This Year

January 26, 2012

Jan. 25 (Bloomberg) -- Carlos Ghosn, chief executive officer of Nissan Motor Co. and Renault SA, said he expects a record year for the automotive industry this year.

Speaking in an interview in Davos, Switzerland, Ghosn said a European market decline will be offset by sales in the rest of the world. He said his forecast is also valid for Nissan and Renault.

“The rest of the markets outside Europe will be growing,” Ghosn said, adding he sees growth in the U.S., China, and “most of the developing countries.”

To contact the reporter on this story: Caroline Connan in London at cconnan@bloomberg.net

To contact the editor responsible for this story: Andrew J. Barden at barden@bloomberg.net


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