Renault CEO Luca de Meo said the business world was bracing for a possible recession, adding that the automaker is strong enough to be able to weather that “storm.”
“The world is now very much afraid of a possible recession in the next few months and it is going to be our next challenge,” he said on Wednesday during an economic conference organized in Italy by the Il Sole 24 Ore newspaper.
De Meo added: “I believe we at Renault Group have proven to be resilient and creative enough to overcome the next stormy sea.”
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