Blog: Dave LeggettLast week -15%, this week -25%, next week?

Dave Leggett | 5 March 2009

I liked Carlos Ghosn's straight talking after he met for talks in Brussels with European Commission president José Manuel Barroso and EU industry Commissioner Günter Verheugen.

He told a press conference that he thinks European car production will be down by 25% this year. And then he admitted: "This forecast is not the same as the one I gave last week. Last week it was predicted to be 15%."

I guess it begs the question, what will it be next week?

BELGIUM: European car output to fall by 25% - Ghosn


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