Thursday, March 27, 2025

Auto Inc fastens its seatbelts, braces for Trump tariff impact

Tata Motors' Jaguar Land Rover and Indian auto component makers, including Bharat Forge and Samvardhana Motherson, face threats from the 25% auto tariffs imposed by Donald Trump. These tariffs will impact India's $6.79 billion auto part exports to the US. Industry executives argue that higher costs in the US will lead to increased vehicle prices and slower sales.

from Auto-Industry-Economic Times https://ift.tt/uL3pU2y

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Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...