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@ Layer3.news
2025-05-14 19:05:03
nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgr8g2hyzql5lt4cxfjdj40hgtu6vydvsqvsesqy8canygcce3lwvyyapkyy
TATA MOTORS REASSESSING JLR'S FORECAST AS US TARIFFS FAN UNCERTAINTY
https://media.zenfs.com/en/reuters-finance.com/db7c338b624e517eca80388e6fafadab
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✍️ Tata Motors is reevaluating its annual profitability target for Jaguar Land Rover due to uncertainty caused by US tariff changes.
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👉 Tata Motors is reevaluating its annual profitability target for Jaguar Land Rover
👉 The company had previously met its EBIT margin target of 8.5% for the year ended March
👉 JLR's North America sales are expected to drop this fiscal year due to US tariff changes
👉 The company's profit halved from the year-ago quarter, which included a one-time tax benefit
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