Auto stocks help European shares bounce on U.S. sales boost

martes 6 de enero de 2015 11:24 GYT

* FTSEurofirst 300 up 0.6 pct after Monday's drop

* Auto stocks rally as cheaper fuel boosts U.S. car sales

* Greek political outlook a concern

By Francesco Canepa and Sudip Kar-Gupta

LONDON, Jan 6 (Reuters) - A bounce in auto and energy shares drove European stocks higher on Tuesday as uncertainty about Greece's future in the euro zone capped gains.

Strong December industry sales data from the United States boosted carmakers with Fiat Chrysler Automobiles, the most exposed Europe-listed manufacturer, up 2 percent.

The STOXX Europe 600 Auto & parts index rose 1.8 percent.

Auto sales are an early indicator each month of consumer spending, which is deemed to have benefited from falls in oil prices to a succession of 5-1/2-year lows.

While lower energy prices are widely seen as beneficial for European companies and consumers, they pile pressure on the finances of oil-producing countries such as Russia, raising the prospect of financial instability in emerging markets and hefty losses for investors in those regions.   Continuación...