Jaguar Land Rover cuts profit forecast as U.S. tariffs hurt

482
Jaguar Land Rover lowered its EBIT margin forecast for fiscal 2026 from 10% to 5%-7% due to uncertainty in US tariff policies. This adjustment reflects the volatility of the global automotive industry and the vulnerability of multinational automakers in the game of trade policies. More than a quarter of Jaguar Land Rover's sales rely on the US market, and the US government's policy of imposing a 25% tariff on imported cars has directly led to its suspension of shipments to the US.