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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.
Mardell has been with Jaguar Land Rover, which is seen as the cash cow for Tata Motors, for more than three decades. Balaji ...
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 ...
6d
Hindustan Times on MSNPB Balaji to become first Indian to take wheel as Jaguar Land Rover CEO
Jaguar Land Rover has named PB Balaji as its Chief Executive Officer (CEO), who is going to be the first Indian to hold the ...
Jaguar Land Rover (JLR) has reported a sharp 49% drop in quarterly profits, blaming US tariffs and weakening sales for the ...
Incoming CEO PB Balaji gave a resolute response when asked about the POTUS' comments, claiming that the car maker has seen a ...
P.B. Balaji, Tata Motors' Group CFO, will become the first Indian CEO of Jaguar Land Rover, taking charge on November 17. His ...
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 ...
Tata Motors' CFO, P B Balaji, has been appointed as the new CEO of Jaguar Land Rover (JLR), effective November 2025 ...
23h
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.
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