Renault CEO says Greece to weigh on auto sales-WSJ

PARIS, May 25 (BestGrowthStock) – The fall-out from the Greek debt
crisis could push down European auto sales for the rest of the
year, though they have been better than expected so far in 2010,
Renault (RENA.PA: ) Chief Executive Carlos Ghosn told the Wall
Street Journal.

U.S. auto sales, on the other hand, would likely rise 15
percent this year to 12 million and rapidly return to a level of
over 14 million annually, the paper quoted Ghosn as saying in
its Tuesday edition.

Ghosn, also head of Nissan Motor (7201.T: ), dismissed
skepticism about the electric car market and said that it was
set to surge, the WSJ said.

“My biggest worry is that this market is going to grow too
fast,” the paper quoted him as saying.

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(Reporting by James Regan; Editing by Mike Nesbit)

Renault CEO says Greece to weigh on auto sales-WSJ