- IHS Automotive's Carlos Da Silva thinks the European automobile market has bottomed out after dissecting the latest round of sub-par sales tallies on the continent.
- The analyst notes the rate of decline has slowed enough to call a bottom, although the general sentiment in the industry is that any recovery will be choppy at best.
- Related stocks: GM, F, TM, FIATY.PK, HMC, NSANY.OB, VLKAY.PK, DDAIF.PK, BAMXY.PK, VOLVY.PK
Analysis: European sales may have bottomed out
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