Shares of General Motors (GM -3.7%) dip after the automaker's performance in Europe appears to...

|About: General Motors Company (GM)|By:, SA News Editor

Shares of General Motors (GM -3.7%) dip after the automaker's performance in Europe appears to be even more sluggish than anticipated. The bleeding could get even worse, according to analysts. A phenomenon known as "peak-car" is affecting demand as the car market reaches closer to a saturation point with less drivers amid widespread economic troubles. As a result, a bounce back to previous levels of sales is not widely anticipated.