Mumbai: Stung by an abrupt slowdown in sales in the Indian market since the India-UK free trade agreement, top Jaguar Land Rover (JLR) executives met at Bombay House on Monday to discuss the developments, a day prior to the company’s quarterly results, people familiar with the matter said. Dealers say while luxury car buyers are…
Rolls-Royce, Aston Martin, JLR price drops possible in India under UK FTA. The landmark Free Trade Agreement between India and the United Kingdom, signed recently, is set to transform the automotive industry. It is expected to bring a host of benefits for both, the manufacturers and consumers. Among the most impactful measures is the reduction…
New Delhi: Consumers of premium cars and SUVs are likely to benefit from the India-UK FTA with New Delhi set to cut import duties on a specified volume of vehicles.As per a statement issued by the UK government, high-end cars made in the country “will benefit from a drop (in import duties) from over 100%…
(Reuters) -Jaguar Land Rover has restarted shipments of vehicles to the United States after pausing them in the face of U.S. President Donald Trump’s tariffs, London’s Times newspaper reported on Saturday. The first shipments of JLR vehicles bound for the U.S. for almost a month left Britain on Wednesday, the report said. JLR, which is…
The 25 percent tariffs imposed by President Trump on imported cars have added to the pressures on vehicle manufacturers around the world, but the pain could be particularly acute in Britain’s venerable but flagging auto industry. Britain exports more than 70 percent of the cars that it makes. In 2024, it sent about 101,000 of…
(Reuters) -Shares of India’s Tata Motors sank 10% on Monday, set for their worst day in over three years, as its luxury car unit Jaguar Land Rover paused exports of its British-made cars to the U.S. after President Donald Trump’s 25% tariff came into effect. The slide on the day has taken the stock’s tumble…
Jaguar Land Rover, the British luxury automaker, said Saturday that it was pausing shipments to the United States in April, days after President Donald Trump‘s auto tariffs went into effect. The company, which makes luxury cars that include Jaguars, Defenders and Range Rovers, does not have manufacturing facilities in the United States and exports all…
In a major setback to the US, British luxury carmaker Jaguar Land Rover has said that it will halt all of its automobile exports from the United Kingdom to Washington for a month in protest against President Donald Trump’s tariff policies. Jaguar Land Rover, which ships almost 100,000 cars to the US annually, has suspended…
The “world as we knew it” is over and the UK “stands ready” to use direct state intervention to shelter industries from the US tariff storm, Prime Minister Keir Starmer said Sunday. US President Donald Trump‘s imposition of sweeping tariffs on Wednesday shows that “old assumptions can no longer be taken for granted,” Starmer said…
Jaguar Land Rover, the British luxury automaker, said on Saturday that it was pausing shipments to the United States in April, days after President Trump’s auto tariffs went into effect. The company, which makes luxury cars that include Jaguars, Defenders and Range Rovers, does not have manufacturing facilities in the United States and exports all…