It has halted exports this month to assess strategies for navigating 25% tariff on imported cars.
JLR has sold 430,000 vehicles worldwide in 12 months ending March 31, 2025, with nearly 25% (107,500 units) of those vehicles being sold in North America (Canada and US).
Company's share price is down almost 50% from high of ₹1,179 to ₹610 (closing price on Friday). Share price closed 9% down on Friday.