WRAPUP 2-Carmakers fear emerging markets gloom could overshadow European rebound

martes 4 de marzo de 2014 11:44 GYT

* Renault trims global car market growth forecast

* Sees growth slightly below previous 2 pct estimate

* Cites weakness in Russia, Argentina, Turkey, Algeria

* Executives upbeat on European recovery, U.S. and China (Adds more comments by executives, analyst, background, link to graphic)

By Laurence Frost

GENEVA, March 4 (Reuters) - French carmaker Renault has trimmed its growth forecast for the global market this year as the industry becomes increasingly worried about volatile emerging markets just when demand in Europe is starting to pick up.

Renault's sales chief Jerome Stoll said at the Geneva auto show on Tuesday the group now expects global vehicle sales to rise by slightly less than the 2 percent previously forecast.

"While Europe is showing some signs of recovery, we are at the same time seeing some headwinds from emerging markets," he said, citing in particular weaker than expected demand in Russia, Argentina, Turkey and Algeria.

After a six-year sales slump, Europe's car market is finally showing signs of recovery as even the countries hardest hit by the euro zone debt crisis move out of recession. Industry data on Monday showed car sales in Germany, Italy and Spain rose last month, although they dipped in France.   Continuación...