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Tata Motors braces for impact as JLR pauses US exports
Mint Kolkata
|April 07, 2025
The British luxury car brand constituted 69% of Tata Motors' overall revenue in the fiscal year 2024
Tata Motors Ltd's decision to pause exports of Jaguar Land Rover (JLR) cars to the US for April raises concerns for both the company's volumes and financial performance this fiscal year, as well as for the broader Indian auto sector that sees the country as a key export market.
On 26 March, US President Donald Trump had announced a 25% duty on all cars and car parts imported into the country. Since that announcement, Tata Motors shares have slid over 13% as of Friday's closing, against a fall of over 5% in the BSE Auto Index.
This story is from the April 07, 2025 edition of Mint Kolkata.
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