Tue, 20 Mar 2012 18:43:52 GMT
DAX 30 pushed down by car makers
German DAX index fell on Tuesday pushed down by heavyweight car makers as China increased diesel prices 7% and gasoline prices 6.4%, raising worries about vehicle demand. BMW AG posted the biggest loss for DAX and tumbled 4.8%. Daimler AG dropped 4.4% and Volkswagen AG declined 4.2%. Financials added additional negative pressure with Deutsche Bank and Commerzbank giving up 1.5%