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Carlos Ghosn Says Car Ownership Is Here to Stay

  • Renault-Nissan boss: Uber, car-sharing impact will be marginal
  • China, India seen driving next wave of vehicle demand growth
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Carlos Ghosn speaks at The Year Ahead Summit at Bloomberg headquarters in New York.(Source: Bloomberg)
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Personal car ownership isn’t going anywhere, regardless of the rise of Uber Technologies Inc. and ride-sharing, according to the man who may oversee more auto sales than anyone else this year.

Global vehicle sales will continue to expand, with alternative forms of mobility making only a marginal impact or actually boosting demand, said Carlos Ghosn, the chairman of the alliance between Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp.