Jaguar Land Rover Restarts Exports To US After Month-Long Pause
Jaguar Land Rover, the UK-based subsidiary of India's Tata Motors Ltd., has resumed exports to the US after a month-long pause, despite an auto tariff still in place.
“The USA is an important market for JLR's luxury brands and 25% tariffs on autos remain in place,” a spokesperson for the British marquee said in an email on Saturday. “As we work towards addressing the US trading terms with our business partners, we are enacting our planned short-term actions.”
On April 2, US President Donald Trump brought into effect via an executive order a 25% tariff on all foreign carmakers. The import tariff was applicable on fully assembled cars immediately and on auto components from May 3.
In reaction, JLR paused its US exports for a month on May 5. Now, with the shipments resuming, the first vehicles are likely to reach American shores by May 20.
In FY24, JLR drew 23% of its revenue and 26% of its wholesale volumes from the US. That increased to 33% in the nine months through Dec. 31.
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