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Domestic demand didn't offer much of a cushion either, with India sales of cars and commercial vehicles down 7% year-on-year.
Revenue fell 9.2% after the U.S. put a 25% tariff on top of an existing 2.5% duty on U.K. and EU-made vehicles exports.
(Reuters) -Tata Motors-owned Jaguar Land Rover is recalling more than 121,500 vehicles in the United States due to cracked ...
Pre-tax profit for the April to June quarter fell 49 per cent from a year earlier to £351mn, while its operating profit margin fell to 4 per cent from 8.9 per cent due to a £254mn hit from the 27.5 ...
Tata Motors' demerger takes effect Oct 1, splitting CV and PV units; watch for record date and new trading opportunities.
Jaguar Land Rover (JLR) has reported a sharp 49% drop in quarterly profits, blaming US tariffs and weakening sales for the ...
Jaguar Land Rover parent Tata Motors Ltd. reported a slightly lower-than-expected quarterly profit, as softer demand and US ...
The luxury car maker reported a 49.4% plunge in underlying pre-tax profits to £351 million in its first quarter to the end of ...
Incoming CEO PB Balaji gave a resolute response when asked about the POTUS' comments, claiming that the car maker has seen a ...
He is the first Indian to hold the top position at the automobile company and will take over his new responsibility in ...
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GlobalData on MSNTata Motors sees 62% profit drop in Q1 amid JLR struggles and US tariffs
JLR parent Tata Motors has disclosed a significant drop in its quarterly net profit, primarily due to lower demand and the imposition of US trade tariffs.
Jaguar Land Rover (JLR) profits fell by half after a slump in sales as the luxury group was pummelled by US trade tariffs on ...
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