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Tata Motors Profits Crash 63% as U.S. Tariffs Slam Jaguar Land Rover
Domestic demand didn't offer much of a cushion either, with India sales of cars and commercial vehicles down 7% year-on-year. JLR's numbers were hit hard too. The luxury SUV maker now expects free cash flow to be close to zero for the full year,
Tariffs take their toll on Jaguar Land Rover profits
Pre-tax profit for the April to June quarter fell 49 per cent from a year earlier to £351mn, while its operating profit margin fell to 4 per cent from 8.9 per cent due to a £254mn hit from the 27.5 per cent tariff imposed by US President Donald Trump on vehicles imported from the UK.
Revenue fell 9.2% after the U.S. put a 25% tariff on top of an existing 2.5% duty on U.K. and EU-made vehicles exports.
Jaguar Land Rover parent Tata Motors Ltd. reported a slightly lower-than-expected quarterly profit, as softer demand and US ...
Indian automaker Tata Motors' posted a 63% slump in first quarter profit on Friday, as U.S. tariffs hurt its business that ...
The new boss of Jaguar has defended the company’s “woke” rebrand, days after Donald Trump labelled it a “total disaster”.
Tata Motors reported a net profit of ₹3,924 crore (around $446 million) for the April–June quarter of FY26, marking a 30% ...
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