Wednesday, March 26, 2025

Tata Motors, Samvardhana Motherson and others auto cos may face Trump's 25% tariff heat, shares slump

Global automakers are expected to pass on the 25% U.S. tariff to component suppliers, impacting Indian auto ancillary firms like Tata Motors, Eicher Motors, and Sona BLW. With rising costs, demand may be affected, pressuring margins and prompting companies to diversify and optimize costs.

from Auto-Industry-Economic Times https://ift.tt/5mvWsGr

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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...