Renault CEO Carlos Ghosn said the European car market will probably shrink further in 2014 and 2015 as rising unemployment continues to sap consumer demand.
Renault CEO Carlos Ghosn said the European car market will probably shrink further in 2014 and 2015 as rising unemployment continues to sap consumer demand.
Despite discounts by brands such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.