By William Boston
PARIS--German auto maker Daimler AG (DAI.XE) Thursday lowered its forecast of growth in the global car market this year to between 3% and 4% from its January prediction of 4% to 5%.
Speaking on the sidelines of the Paris Auto Show, Chief Executive Dieter Zetsche said the drop was "because Europe is weak, Russia is weaker than expected, Brazil is weaker than expected."
It isn't all gloomy, he added.
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