Jaguar Land Rover (JLR) has reported a steep decline in profits for the quarter ending June, as the British luxury carmaker contends with the impact of U.S. trade tariffs and
Jaguar Land Rover Halts U.S. Shipments Amid Trump’s Tariff Impact
Jaguar Land Rover is temporarily suspending all vehicle shipments to the United States in response to President Donald Trump’s newly imposed 25% tariff on foreign cars.
Jaguar Land Rover announced its highest annual profit in nine years.
Jaguar Land Rover reported its highest annual profit in nine years, driven by “sustained global demand” for its luxury vehicles.
Jaguar Land Rover opts for the UK instead of Spain for its battery gigafactory location.
Rishi Sunak has successfully negotiated a deal to establish an electric car battery factory in Somerset, committing £500 million in subsidies to Jaguar Land Rover. The automobile company’s parent company,