Reuters Summit-Fitch very bearish on 2009 Europe auto mkt


(For other news from the Reuters Autos Summit, click on By Christiaan Hetzner PARIS, Sept 30 (Reuters) - The European auto market is facing a sharp downturn in the coming year and frozen credit markets could mean additional pressure should carmakers reduce their financing operations, a Fitch analyst said on Tuesday. "We are very pessimistic about car sales for at least another 12 months," Emmanuel Bulle, Senior Director Corporates, told the ...

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