Car markets globally are still expected to grow next year, even though growth could be less than initially expected because of a decrease in demand in Europe, said Renault SA's (RNO.FR) Chief Executive, Carols Ghosn, Monday.

Demand in the French market is likely to fall next year while the European one is expected to be "at best stable," Ghosn told journalists following a presentation about the electric version of Renault's mini van, Kangoo.

Ghosn said everyone is in an uncertain situation because of the changing economic environment, adding that this feeling was broadly shared by his peers and competitors in the auto industry.

"The volatility of the last days creates uncertainty," Ghosn said.

-By Alessandro Torello, Dow Jones Newswires; +32 2 741 14 88; alessandro.torello@dowjones.com

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