European shares dipped on Monday with the autos sector hitting its lowest level this year after anti-trust regulators opened an investigation into regional carmakers while worries on escalating price wars hurt airlines. The pan-European STOXX 600 fell 0.2 percent as gains in the heavyweight financials sector helped offset losses elsewhere. Shares in carmakers across Europe fell after European Union antitrust regulators said they were investigating allegations of a cartel amongst them. Volkswagen, Peugeot, Daimler , Renault and BMW all fell 1.2 to 2.5 percent, sending the autos index down 1.6 percent, the worst-performing sector. (This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

Source: dna July 24, 2017 07:30 UTC