menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Jaguar Lan...
source image

Autoblog

1w

read

333

img
dot

Image Credit: Autoblog

Jaguar Land Rover Halts U.S. Shipments as Tariffs Ramp Up

  • Jaguar Land Rover (JLR) has halted U.S.-bound vehicle shipments in response to a 25% import tariff imposed by former President Donald Trump.
  • The North American market makes up nearly 25% of JLR's vehicle sales, and the tariff comes at an already challenging time for the company.
  • JLR's decision to pause exports highlights the fragility of its business and its less flexible manufacturing capacity compared to other automakers.
  • The impact of the tariffs may vary for JLR's luxury brands, with Jaguar aiming at a wealthier customer base and Land Rover potentially facing challenges with more price-conscious buyers.

Read Full Article

like

20 Likes

For uninterrupted reading, download the app