JLR Withholds Guidance as Carmaker Grapples With Trump Tariffs

May 13, 2025, 3:02 PM UTC

Jaguar Land Rover joined a growing list of carmakers holding back from providing profit guidance, as US President Donald Trump’s higher tariffs continue to wreak havoc on the industry.

The British maker of luxury sport utility vehicles “continues to evaluate the impact of global challenges” and will provide an update at its investor day on June 16, it said in a statement accompanying its annual results. The company normally provides a profit outlook for its new financial year at this stage.

Like other automakers, JLR, owned by India’s Tata Motors Ltd., is grappling with the financial impact of ...

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