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Honda’s CEO, Takeo Fukui disagrees with the recent comments made by Nissan’s CEO Carlos Ghosn about the auto industry being in a recession.

“It is true that in states like Florida and California, the numbers are going down,” Fukui said. “But if you look at the U.S. as a whole, I don’t think we’re seeing a recession. There are still good business opportunities. There is firm demand for automobiles.”

Fukui said that Honda’s slow sales in...

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Honda’s CEO disagrees with Nissan's Ghosn, says no recession in U.S.

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