Tata Motors on Tuesday said that its wholly owned subsidiary, Jaguar Land Rover UK (JLR), has been evaluating various steps to respond to the tariffs announced by the U.S. on April 2, 2025, the news of which is in public domain.
JLR had on Monday announced that the U.S. was an important market for JLR’s luxury brands. “As we work to address the new trading terms with our business partners, we are enacting our planned short-term actions, including a shipment pause in April, as we develop our mid- to longer-term plans,” the company had stated.
Responding to a query from the stock exchanges to clarify a news on shipment pause, Tata Motors on Tuesday said, “There is no decision or plan of action. This is just emphasising that JLR is evaluating various options to suitably address impact of the increased tariff in U.S. market and the aforesaid news article refers to its immediate response.”
Published – April 08, 2025 07:46 pm IST