Wednesday, July 9, 2025

Creating liberating content

It often happens that after a heavy meal, we struggle

Getting regular screenings is the first step in keeping your

You’ve heard it before, but it’s worth repeating: SPF is

Related News

It often happens that after a heavy meal, we struggle with bloating or heaviness. It also results in indigestion and acidity. Experts feel that inadequate sleep, erratic eating habits, and

Getting regular screenings is the first step in keeping your kidneys healthy, especially if you have high blood pressure, diabetes, or a family history of these conditions. Blood and urine

You’ve heard it before, but it’s worth repeating: SPF is non-negotiable. Yes, even if it’s cloudy, even if you’re working from home, and even if you’re not “going out.” UV

Donald Trump tariffs (AI image) US President Donald Trump on Wednesday issued a fresh set of tariff letters to countries warning them of reciprocal duties from August 1, 2025. Trump

Perplexity AI on Wednesday launched a new artificial intelligence-powered web browser called Comet in the startup’s latest effort to compete in the consumer internet market against companies like Google and

An Amazon employee works to fulfill same-day orders during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. Miguel

Trending News

Donald Trump tariffs (AI image) US President Donald Trump on Wednesday issued a fresh set of tariff letters to countries warning them of reciprocal duties from August 1, 2025. Trump

A joint venture between ICICI Bank and Prudential Corporation Holdings Limited, the fund house has been operating since 1998. (AI image) Mumbai: ICICI Prudential Asset Management Company Ltd has filed

NEW DELHI: IndiGo Ventures, the corporate venture capital arm of India’s biggest budget airline, Wednesday announced the first close of its maiden fund at ₹450 crore. An undisclosed amount will

The Reserve Bank of India (RBI) on Wednesday released draft directions to regulate the novation of over-the-counter (OTC) derivative contracts, aiming to streamline and rationalise the regulatory requirements for such

Gold price today: Gold prices declined by Rs 700 to Rs 98,420 per 10 grams in the national capital on Wednesday, tracking weak global cues amid reduced expectations of a

The lithium-ion battery (LiB) market in India is projected to grow sharply over the next five years, led by rising demand from electric vehicles, consumer electronics, and stationary storage applications,

US tariff effect: British carmaker Jaguar Land Rover trims FY26 margin forecast; Tata Motors shares fall 5%

Word Count: 730 | Estimated Reading Time: 4 minutes


US tariff effect: British carmaker Jaguar Land Rover trims FY26 margin forecast; Tata Motors shares fall 5%

British luxury carmaker Jaguar Land Rover (JLR) sharply lowered its earnings outlook for the next financial year, citing growing uncertainty in the global automotive market and new US tariffs that threaten to disrupt international sales.On Monday, JLR revised its earnings before interest and taxes (EBIT) margin forecast for fiscal 2026 to between 5% and 7%, down from its earlier target of 10%. The forecast is also below the 8.5% margin it reported for the year ended March 31. In another blow, the company also expected the free cash flow to hover near zero in the same period.The announcement sent shares of its parent company, Tata Motors, tumbling by as much as 5.2% in early trade, which ended the day at 3.56% on the BSE.Jaguar Land Rover (JLR) has been hit by a downgrade as it deals with the impact of a new 25% tariff imposed by the US administration on all foreign-made vehicles. The United States, which makes up over a quarter of JLR’s global sales, is a key market for the company. In response, JLR has temporarily halted shipments to the US and is now diverting its stock to other international markets in a bid to safeguard profit margins.The maker of the ‘Defender’ SUV said it is redirecting available units to “more accessible markets” in an effort to maximise profitability.JLR said it remains in dialogue with both the British and American governments over a bilateral trade agreement signed in May, which allows the UK to export up to 100,000 cars annually to the US at a lower 10% tariff. While JLR’s Range Rover line is produced in the UK and eligible under this deal, its best-selling Defender SUV is made in Slovakia, part of the European Union, which does not yet benefit from the agreement.To soften the blow of the higher import costs, the company is also evaluating pricing strategies in the US market.Analysts noted that while Jaguar Land Rover’s high-end clientele might be less sensitive to price increases, the lack of US-based manufacturing makes Tata Motors one of the most vulnerable Indian automakers in the face of rising American import duties.In contrast, several of JLR’s key competitors, including Mercedes-Benz and BMW, have well-established manufacturing bases in the United States, giving them a significant cost advantage under the new tariff regime.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account