European shares rise as car makers rally

jueves 8 de octubre de 2015 12:58 GYT

* FTSEurofirst 300 index up 0.26 percent

* Auto index set for best week since 2011

* Deutsche Bank down 1.8 percent after clean-up

* Credit Suisse hit by report over planned capital raising

* Telefonica down on reported mobile merger doubts (Adds closing prices)

By Danilo Masoni

MILAN, Oct 8 (Reuters) - European shares closed higher on Thursday as auto stocks gained, but investors remained wary about the global economic outlook and the upcoming earnings season.

The pan-European FTSEurofirst 300 index closed up 0.26 percent. The euro zone's blue-chip Euro STOXX 50 index was little changed.

After a rally this week that brought indexes off the nine-month lows they reached at the end of September, some investors were heading for the sidelines before the start of the U.S. earnings season. Economic data in Germany and Japan heightened concern over global growth.   Continuación...