JLR Profits Hit by Tariffs and Falling Sales
Jaguar Land Rover (JLR) reports a sharp decline in profits due to rising tariffs and sluggish sales. The iconic British brand faces challenges in key markets, including China and Europe. Can it recover?
Category : Search result: automotive tariffs
Tata invests £4bn in JLR, securing UK jobs
Tata Group pledges massive investment in Jaguar Land Rover, securing thousands of jobs and accelerating EV production in Britain.
UK car production rises 10% in April
British car manufacturing sees a significant boost in April, driven by robust exports and easing supply chain issues, reports the Society of Motor Manufacturers and Traders.
Trump tariffs may hike prices on alcohol, cars & more
Former President Donald Trump’s proposed tariffs could significantly increase prices for imported goods, from alcohol to Toyota vehicles, impacting global trade and consumer wallets.
Trump’s New Tariffs Spark Global Trade Tensions
The latest round of Trump-era tariffs has come into force, affecting dozens of countries and escalating trade tensions worldwide. Here’s how it impacts global markets.
Toyota cuts profit forecast over Trump tariffs
Toyota has revised its profit forecast downward, citing the impact of new US tariffs imposed by former President Donald Trump. The move signals potential challenges for global automakers.
Why Muscle Cars Are Beating EVs in US Sales
Despite the push for electric vehicles, American drivers are clinging to their petrol-powered muscle cars, with sales soaring as EVs struggle to win over consumers.
Honda profits drop amid Trump tariff fallout
Honda reports a sharp decline in quarterly profits as US tariffs under the Trump administration continue to disrupt global trade. Analysts weigh in on the long-term impact.
UK drivers choose used cars as new prices soar
British motorists are increasingly choosing second-hand vehicles amid rising costs and economic uncertainty, reshaping the automotive market.
Chinese carmakers surge as UK auto market struggles
Chinese automakers are outperforming the struggling UK car market, reporting soaring sales while traditional brands face declines, according to new industry data.
UK car sales surge 14% in February
New car registrations in the UK rose by 14% in February, marking the best performance since the pandemic. Electric vehicle demand slows, while hybrids gain traction.
China warns EV makers over price-cutting wars
Chinese authorities warn electric vehicle makers to stop excessive price cuts and overproduction, aiming to stabilise the competitive market.
Iconic car brand returning to UK after 20 years
A legendary car manufacturer is gearing up to return to British roads after two decades away, sparking excitement among motoring enthusiasts.
Trump’s Tariff Plan Targets India, Canada, and China
Former US President Donald Trump proposes sweeping tariffs on imports from India, Canada, and China, reigniting fears of global trade tensions.
300,000 vehicles recalled over brake failure risks
A leading car manufacturer has issued an urgent recall for over 300,000 vehicles due to potentially dangerous brake defects that could lead to accidents.
Australia follows US with Trump-style tariffs
Australia has adopted US-inspired tariffs, sparking concerns over global trade tensions and economic repercussions. Experts weigh in on the potential impact.
Trump extends Mexico tariff deadline amid talks
Former US President Donald Trump has granted Mexico additional time to finalise a trade agreement, delaying the imposition of controversial tariffs as talks continue.
Trump threatens new tariffs on Canadian goods
Former US President Donald Trump has proposed imposing fresh tariffs on Canadian imports, escalating tensions and risking a new trade dispute between the two nations.
Court to Rule on Challenge to Trump Tariffs
A US federal court is set to review a legal challenge against Donald Trump's controversial tariffs, sparking a high-stakes battle over trade policy.
Trump’s tariffs threaten Canada and Palestine trade
Former US President Donald Trump proposes sweeping tariffs on imports, sparking concerns over trade relations with Canada and Palestine. Experts warn of economic repercussions.
US-South Korea trade deal cuts steel tariffs
The US and South Korea have finalised a trade agreement that significantly reduces tariffs on Korean steel exports, marking a pivotal moment in bilateral economic relations.
Shell profits spark protests amid cost-of-living crisis
Shell reports record profits, sparking outrage as protesters demand windfall taxes. Meanwhile, Rolls-Royce and Unilever post strong earnings, and the US Federal Reserve signals new tariffs under Trump.
Trump warns tariffs could spark 'full-blown war'
Former US President Donald Trump has issued a stark warning about escalating trade tensions, suggesting tariffs could lead to a 'full-blown war' in a fiery exchange with former Russian President Dmitry Medvedev.
Cambodian garment workers face ruin amid US tariffs
Thousands of Cambodian garment workers are staring at an uncertain future as looming US tariffs threaten their livelihoods, leaving many jobless and drowning in debt.
Trump threatens new tariffs on South Korea trade deal
In a dramatic policy shift, former US President Donald Trump has proposed imposing fresh tariffs on South Korea, potentially upending a key trade agreement. Experts warn this could reignite trade tensions and destabilise global markets.
Trump tariffs may raise UK plumbing, electrical costs
Former US President Donald Trump's proposed tariffs on copper imports could lead to higher prices for plumbing and electrical supplies in the UK, industry experts warn.
Trump pushes for higher import tariffs to boost US economy
Former President Donald Trump suggests increasing tariffs on imports to protect American industries, sparking debate on trade policies.
Trump moves to scrap key tariff exemption
Former US President Donald Trump has unveiled plans to eliminate the 'de minimis' tariff exemption, a move that could reshape international trade dynamics and impact consumers worldwide.
Cars stranded in Belgium amid US tariff uncertainty
Thousands of cars are stuck at a Belgian port due to uncertainty over US tariffs, causing major delays and financial strain for manufacturers.
Adidas, Mercedes warn against EU tariffs after Trump threat
Major German brands Adidas and Mercedes-Benz caution against EU tariffs on Chinese imports, warning of severe economic repercussions amid Trump's trade war threats.
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