Tata Motors, Samvardhana Motherson shares skid up to 7% on Trump’s 25% auto tariffs
In the auto space, Mahindra and Mahindra, Bajaj Auto, Hyundai Motor India, Eicher Motors, SML ISUZU, and Ashok Leyland were trading in red, falling in the range of 1-2%. On the other hand, Maruti Suzuki India, Hero Motocorp, and OLA Electric Mobility were trading higher with marginal gains.
Trump had pledged to levy reciprocal tariffs on all countries, including India, from April 2. However, there were ...
US President Donald Trump’s decision to slap a 25 per cent tariff on all auto imports has cast uncertainty over India’s ...
India Today on MSN20h
Tata Motors shares slump as US slaps 25% duty on car importsTata Motors shares slumped 6% in early trade and were trading 5.26% lower at Rs 670.70 on the Bombay Stock Exchange (BSE) at ...
Tata Motors owns Jaguar Land Rover (JLR), which produces luxury vehicles and SUVs. JLR manufactures its vehicles mainly out ...
Some auto and ancillary stocks saw strong selling on Thursday after the US imposed a 25% import tariff on these products, ...
Mumbai: Shares of Tata Motors Limited, the parent company of luxury carmaker Jaguar Land Rover (JLR), fell sharply on ...
ET Now on MSN19h
Tata Motors, Samvardhana Motherson, M&M shares: Why Nifty auto stocks are falling today?Although India is not a major exporter of cars to the US, Tata Motors has significant exposure through Jaguar Land Rover (JLR ...
Global automakers are likely to pass on some of the price escalation to component makers, putting pressure on their margins.
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