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Penske Automotive Group Inc (PAG.N)

PAG.N on New York Stock Exchange

42.92USD
8:01pm IST
Change (% chg)

$0.05 (+0.12%)
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$42.87
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Volume
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Tue, Nov 27 2018

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Auto group says Tesla's China sales plunge; company's shares slide

BEIJING/SHANGHAI Tesla Inc's vehicle sales in China sank 70 percent last month from a year ago, the country's passenger car association told Reuters on Tuesday, underscoring how the Sino-U.S. trade war is hurting the U.S. electric carmaker.

Auto group says Tesla's China sales plunge; company's shares slide

BEIJING/SHANGHAI Tesla Inc's vehicle sales in China sank 70 percent last month from a year ago, the country's passenger car association told Reuters on Tuesday, underscoring how the Sino-U.S. trade war is hurting the U.S. electric carmaker.

UPDATE 2-Auto group says Tesla's China sales plunge; company's shares slide

* Steep tariffs on U.S. auto imports hurt Tesla China sales (New throughout, to add Tesla California spokesman comment)

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