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Chinese automakers' shares fall amid September sales decline and European regulations

Investing.com ·

  1. 1Shares of Chinese automakers fell broadly on Tuesday.
  2. 2September Chinese passenger car sales reached 1.63 million units, representing a 28.1% year-on-year decrease.
  3. 3An agreement between the European Union and China will limit hybrid vehicle imports.

So what's the key point?

Stock prices fell because car sales in China were 28.1% lower than last year. The situation is difficult for companies as the European Union and China agreed to limit hybrid car imports.

Source Investing.com · View original ↗

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