JLR sales slide amid US tariffs and Jaguar model phase-out
British luxury carmaker Jaguar Land Rover reported a 10.7 per cent drop in first-quarter sales, its Indian parent Tata Motors (TAMO.NS) said this week, hit by a temporary pause in shipments to the U.S and a wind-down of the Jaguar brand’s legacy models.
JLR, known for its Range Rover sport utility vehicles, sold 87,286 units to dealers worldwide in the April-June quarter, down from 97,755 units a year ago.
In April, JLR paused exports of its British-made cars to the US, one of its biggest growth markets...