US duty bump jolts JLR, dents Tata Motors profit in Q1 | Dununu.com...

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US duty bump jolts JLR, dents Tata Motors profit in Q1

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Jaguar Land Rover's profitability was significantly impacted by tariffs imposed by the US, leading to a 30% drop in Tata Motors' overall profit. Anticipated new trade deals between the US and both the UK and EU are expected to alleviate the financial strain in future quarters. Despite criticism and leadership changes, JLR is maintaining its branding strategy.

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