New Delhi, April 17 -- The Indian automobile sector is expected to report weak fourth-quarter results because of subdued demand in both domestic and global markets, according to a report by HDFC Securities.

"Auto companies could face business headwinds for a longer period on higher US tariffs and complex global supply chains that may witness a structural impact. Even domestic companies could remain under pressure if India were to give favourable trade terms for import of cars, especially EVs, which could then impact the domestic PV players as well," said the report.

The report adds that most original equipment manufacturers (OEMs) are expected to see slow growth in the near term as demand continues to be soft.

It said, "Growth pressure...