Europe car market tough in 2012-Renault CEO in paper

Newswire

FRANKFURT, Nov 26 (Reuters) - The chief executive of carmakers Renault and Nissan sees a tough year for the European car market in 2012 and is taking measures to protect the groups' brands from a downturn, Carlos Ghosn told a German magazine. "There's no doubt that the market will decline in the coming year. The only question is by how much." Ghosn, who heads the two alliance partners, told Automotive News Europe in an interview published on Saturday. He said Renault-Nissan was therefore ...

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