US tariff effect: British carmaker Jaguar Land Rover trims FY26 margin forecast

Jun 16, 2025 - 19:30
US tariff effect: British carmaker Jaguar Land Rover trims FY26 margin forecast

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Jaguar Land Rover (JLR) has significantly reduced its profit forecast due to global automotive market uncertainty and new US tariffs. The company anticipates lower EBIT margins and near-zero free cash flow for fiscal 2026, impacting Tata Motors' shares.

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