Sona BLW, Samvardhana Motherson, Bosch, and Uno Minda Share Price Dip Amid US Tariff Concerns

Market Performance

On June 13, major Indian auto ancillary stocks faced selling pressure following global trade concerns triggered by the US.

• Sona BLW share price slipped up to 2% during intraday trade.
• Samvardhana Motherson, Bosch, and Uno Minda also declined by nearly 2%.
• The broader auto ancillary index showed weakness amid concerns about the potential impact of international policy.

Main News

US President Donald Trump hinted at a potential hike in auto import tariffs, currently at 25%, to boost domestic manufacturing.

• Trump referenced General Motors' $4 billion local investment as a reason to increase tariffs.
• His remarks intensified pressure on Indian exporters, fueling concerns about potential supply chain disruptions and increasing input costs.
• The tariff decision deadline is set for July 9, intensifying uncertainty in global auto trade.

Company Details

• Sona BLW was additionally in focus after the sudden demise of Sunjay Kapur, Chairman of Sona Comstar, due to a heart attack in London. He was 53 years old.
• All four companies—Sona BLW, Samvardhana Motherson, Bosch, and Uno Minda—have significant exposure to global original equipment manufacturers (OEMs), making them sensitive to international trade developments.

Summary of the Article

Indian auto ancillary shares, such as Sona BLW, Samvardhana Motherson, Bosch, and Uno Minda, experienced notable intraday declines of up to 2% following comments by former US President Donald Trump on raising auto import tariffs. These remarks have sparked investor concerns about the potential negative impact on India's export-dependent auto components industry amid rising trade tensions and an approaching decision deadline.