Tesla Faces New Competition As European Auto Sales Soar ...Middle East

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Tesla Faces New Competition As European Auto Sales Soar
source : OILPRICE ( Middle East ) () 41
European vehicle sales are going to be on watch heading into the back half of the week after automobile sales in Europe rose for the 12th consecutive month in July, Bloomberg reported this morning. Germany, France and Spain all saw double digit growth for the month, the report says. In sum, registrations of new cars were up 17% to 1.02 million vehicles, the report says, citing data from the European Automobile Manufacturers’ Association.  Volkswagen sold the most passenger cars in the region with 280,294 registrations, up 19% from a…

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