All posts tagged: JLR

JLR slashes Range Rover SV prices by up to Rs 75 lakh ahead of India-UK FTA

JLR slashes Range Rover SV prices by up to Rs 75 lakh ahead of India-UK FTA

Published by Webster

JLR India has reduced prices of UK-imported Range Rover SV and Range Rover Sport SV models by up to Rs 75 lakh in anticipation of the India-UK free trade agreement. The move reflects expected duty benefits, while prices of locally manufactured and non-UK models remain unchanged Disclaimer: We do not own any of the content, ideas, images, or text presented here. All rights belong to their respective owners. For more information and to view the original source, please visit the following link: Source link

Tata Motors takes an 8% hit after luxury arm JLR pauses exports to US

Tata Motors takes an 8% hit after luxury arm JLR pauses exports to US

Published by Parlour News

Apr 07, 2025 10:02 AM IST The United States is the second-biggest importer of British-made cars after the European Union, with nearly a 20% share, data from industry body SMMT shows. Shares of Indian automaker Tata Motors sank 8% on Monday after Jaguar Land Rover (JLR), which makes luxury cars, paused exports of its British-made cars to the U.S. following President Donald Trump’s 25% tariff came into effect. Jaguar and Land Rover, the British vehicle-brand logos of Indian-owned Tata Motors, are displayed in front of their showroom in New Delhi, India.(REUTERS) The slide on the day takes the stock’s tumble to 20% since Trump announced the import duties on March 26. In that period the benchmark Nifty 50 has dropped 6%, including a 4% slump on the day. The United States is the second-biggest importer of British-made cars after the European Union, with nearly a 20% share, data from industry body SMMT shows. The U.S. was one of JLR’s only growth markets last year and accounts for more than a quarter of its global sales …