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Jaguar Land Rover sees profits almost halve after US tariff hit

UNITED KINGDOM, AUG 8 – Jaguar Land Rover’s profits fell 49.4% in Q1 due to US tariffs and sales drops, but new trade deals aim to reduce tariffs from 27.5% to 10% on UK-made vehicles, easing future impact.

Summary by The Independent
The luxury car maker reported a 49.4% plunge in underlying pre-tax profits to £351 million in its first quarter to the end of June.

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Jaguar Land Rover sees profits almost halve after US tariff hit

The luxury car maker reported a 49.4% plunge in underlying pre-tax profits to £351 million in its first quarter to the end of June.

·London, United Kingdom
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City AM broke the news in London, United Kingdom on Friday, August 8, 2025.
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