Car makers to lead global economy out of financial turmoil

摘要

Moody's expects rally next year in Europe - other experts not so sure, say 2011 a bust too. Turmoil on the world's financial markets, set off by the debacle in Greece, will undermine consumer confidence and help to push European car sales down for the rest of 2010. That's no surprise. But Moody's Investors Service says the industry's underlying strength will enable it to lead the global economy to recovery, while Europe's car sales will recover next year. Other experts see at least another year of pain in Europe before the recovery sets in.