Indian auto stocks experienced a decline following reports of potential tariff reductions on EU-imported vehicles as part of a free trade agreement. While some manufacturers like Mahindra & Mahindra and Hyundai saw sharper drops due to their presence in higher-priced segments, analysts believe the near-term impact will be limited, with the luxury segment being the primary area affected.
​Indian auto stocks experienced a decline following reports of potential tariff reductions on EU-imported vehicles as part of a free trade agreement. While some manufacturers like Mahindra & Mahindra and Hyundai saw sharper drops due to their presence in higher-priced segments, analysts believe the near-term impact will be limited, with the luxury segment being the primary area affected. by Soban News (international And National News)
