Auto Stocks Fall on U.S. Tariff Shock

  Published 8 months ago

Indian auto parts stocks slipped 1–3% after the U.S. imposed steep tariffs on India’s Russian oil imports.

  • Tata Motors dropped 2% as JLR sees one-fourth sales from the U.S. market, raising investor concerns.
  • Sona BLW, Bharat Forge fell up to 3% due to high exposure to the U.S. market amid 50% total tariffs.
  • Auto dealers warn new tariffs may hit discretionary spending, hurting future demand for vehicles in India.

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