PARIS: Renault Nissan Chief Executive Carlos Ghosn upgraded his European car market growth forecast on Thursday after the European Central Bank unveiled a bond purchase programme to boost the continent's flagging economy.
Ghosn told participants at the Davos World Economic Forum that he now expects Europe's car market to grow by at least 2 percent in 2015, against 1-2 percent previously, according to a company spokeswoman.
The European Central Bank on Thursday launched a government bond-buying programme that will pump hundreds of billions in new money into the euro zone.
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