JLR May Look To Clear US Inventory Fast

Tata Motors' luxury arm Jaguar Land Rover (JLR), which has announced a pause on shipments to the United States, is expected to clear its current inventory in the market sooner than anticipated, analysts believe.

- SOHINI DAS

JLR is estimated to have between one and two months' worth of inventory in the US, according to a Mumbai-based analyst who spoke on condition of anonymity. Another analyst noted that with the company halting exports, this stock could deplete more quickly. Typically, it takes at least two to three weeks for shipments to reach the US from the UK and other parts of Europe.

"The USA is an important market for JLR's luxury brands," the company said in a statement on Saturday. "As we work to address the new trading terms with our business partners, we are enacting our planned short-term actions including a shipment pause in April, as we develop our mid- to longer-term plans."