Tata Motors says JLR evaluating options to address US tariff impact

The US is one of the main markets for JLR cars made in the UK, accounting for over a quarter of its global sales. 
| Photo Credit:
PRIYANSHU SINGH

Automobile company Tata Motors has clarified in an exchange filing that “there is no decision or plan of action” that its subsidiary Jaguar Land Rover (JLR) has taken, with respect to the increased import tariffs announced by the US with its trading partners.

Tata Motors reply was to stock exchanges seeking clarification from the company about media reports that said JLR was pausing shipments to the US on Trump auto tariffs.

Last weekend, JLR had indicated that it was pausing shipments to the US in April following the tariff announcements by US President Donald Trump.

A spokesperson for JLR had said, “The US is an important market for JLR’s luxury brands. 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.”

Referring to this Tata Motors said, “This is just emphasising that JLR is evaluating various options to suitably address impact of the increased tariff in US market,” and said that the media reports referred to its immediate response.

“We would like to submit that the aforesaid news did not emanate from any negotiation or event which is not already in public domain,” it added.

The US is one of the main markets for JLR cars made in the UK, accounting for over a quarter of its global sales. Sales from JLR contribute two-thirds to Tata Motors’ total revenue and is a key contributor to its bottomline. Any stoppage in its sales, however temporary, would hit the Indian automobile company sharply.

Tata Motors also said that the movement in its share price was part of the impact of the US tariff announcement on markets in general. The stock depreciated 14 per cent till close of Monday, though it has recovered today closing 1.6 per cent higher at ₹588.90 on the BSE.

Published on April 8, 2025