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Bloomberg Quint

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Image Credit: Bloomberg Quint

Trump's Auto Tariffs Rile Hyundai, Nissan, Honda Stocks; Tata Motors To Face Brunt?

  • Shares of Tata Motors are down 6.5% since last week when US President Donald Trump announced auto tariffs.
  • Tariffs announced by Trump have affected Hyundai, Nissan, and Honda stocks, with declines of 11.1%, 10.8%, and 10.2% respectively.
  • Tata Motors, particularly its UK-based arm Jaguar Land Rover, may also face an impact as the US is one of its markets.
  • However, the impact on Indian automobile manufacturers is expected to be minimal, with Tata Motors being the only exception due to its association with Jaguar Land Rover.

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