The world has caused turmoil due to trump tariff. The US President has announced a 25 percent tariff on cars coming from outside. Its most impact was seen on Jaguar Land Rover (JLR), a subsidiary of India's legendary company Tata Motors, because America is a big market for JLR. In the last few years, the demand for JLR vehicles in America was also increasing very fast. Now JLR has also decided to give a befitting reply to the US.
According to The Times, Jaguar Land Rover has decided to temporarily stop the shipments of their UK cars in the United States to deal with the impact of tariffs. According to The Times report, JLR, one of Britain's largest car maker companies, is going to take this step from Monday. Apart from this, the company is working on ways to reduce the cost of 25 percent import duty of American.
According to the report, the company may stop the shipment throughout the month. JLR has 38,000 employees in Britain. Currently, the company is trying to assess the loss of its business with the trade war of Trump. It is being told that JLR already has a two -month supply of cars in America, which will not affect the new tariff. It takes about 21 days for the company to send a shipment of America vehicle from Britain. Hope Company can find a new way.
The US government has imposed 25% tariff on imported cars, which has come into force from Thursday. The demand for Jaguar Land Rover vehicles is very high in America. This can be gauged from the fact that in the last few years, the sale of brand has increased significantly. The company has sold 4,31,733 vehicles in the US with an increase of 22% in FY 2024, which was until 122,626 units of sale till the year 2018.
