Trump keeps 10% tariffs on UK but cuts taxes on British autos, steel and aluminum with trade deal

“Right now, you can’t get any higher,” Trump said. “It’s at 145, so we know it’s coming down.” President Donald Trump agreed Thursday to cut tariffs on U.K. autos, steel and aluminum in a planned trade deal but played down the possibility of other nations getting similarly favorable terms on his import taxes, which are… Continue reading Trump keeps 10% tariffs on UK but cuts taxes on British autos, steel and aluminum with trade deal

UK and US Sign Trade Agreement at Jaguar Land Rover Plant

The United Kingdom and the United States have announced a new trade agreement at the Jaguar Land Rover (JLR) factory in Solihull, England. UK Prime Minister Keir Starmer made the announcement during a visit to the facility, which is part of Tata Motors. Shares of Tata Motors, which owns JLR, were up 2.7% in morning… Continue reading UK and US Sign Trade Agreement at Jaguar Land Rover Plant

Mahindra XEV 9e and BE 6 total dispatches to dealers cross 11,000 mark

Taking off from where it left in FY2025 when it clocked best-ever fiscal year sales of 551,487 SUVs, Mahindra & Mahindra has registered wholesales of 52,330 SUVs in April 2025, up 28% YoY (April 2024: 41,008 SUVs). Last month’s total includes 2,991 units of the two born electric SUVs – the XEV 9e and BE… Continue reading Mahindra XEV 9e and BE 6 total dispatches to dealers cross 11,000 mark

Mahindra XEV 9e and BE 6 total dispatches to dealers cross 11,000 mark

Taking off from where it left in FY2025 when it clocked best-ever fiscal year sales of 551,487 SUVs, Mahindra & Mahindra has registered wholesales of 52,330 SUVs in April 2025, up 28% YoY (April 2024: 41,008 SUVs). Last month’s total includes 2,991 units of the two born electric SUVs – the XEV 9e and BE… Continue reading Mahindra XEV 9e and BE 6 total dispatches to dealers cross 11,000 mark

Mahindra XEV 9e and BE 6 total dispatches to dealers cross 11,000 mark

Taking off from where it left in FY2025 when it clocked best-ever fiscal year sales of 551,487 SUVs, Mahindra & Mahindra has registered wholesales of 52,330 SUVs in April 2025, up 28% YoY (April 2024: 41,008 SUVs). Last month’s total includes 2,991 units of the two born electric SUVs – the XEV 9e and BE… Continue reading Mahindra XEV 9e and BE 6 total dispatches to dealers cross 11,000 mark

Donald Trump’s UK Trade Deal Could Secure Jaguar’s Resurrection

US president Donald Trump today dropped the existing 25 percent tariffs on imports of British cars to 10 percent in a move that could provide a lifeline for luxury carmakers. For Jaguar Land Rover especially, today’s tariff carve-out could be highly welcome, perhaps even essential. The UK company was facing the prospect of $27,000 price… Continue reading Donald Trump’s UK Trade Deal Could Secure Jaguar’s Resurrection

Starmer announces tariff cuts on UK cars, steel and aluminium in US trade deal – video

1:06 Starmer announces tariff cuts on UK cars, steel and aluminium in US trade deal – video Speaking at a Jaguar Land Rover plant in the West Midlands, the British prime minister said the deal meant US tariffs on cars from the UK would be cut from 27.5% to 10% for 100,000 vehicles every year.… Continue reading Starmer announces tariff cuts on UK cars, steel and aluminium in US trade deal – video

@Tata-JLR: JLR’s statement on UK-US Trade deal

The car industry is vital to the UK’s economic prosperity, sustaining 250,000 jobs.We warmly welcome this deal which secures greater certainty for our sector and the communities it supports.We would like to thank the UK and US Governments for agreeing this deal at pace and look forward to continued engagement over the coming months. Go… Continue reading @Tata-JLR: JLR’s statement on UK-US Trade deal

Breaking: Trump slashes import tariff for UK-made vehicles to 10%

In response to the news, Society of Motor Manufacturers and Traders boss Mike Hawes said: “The agreement to reduce tariffs on UK car exports into the US is great news for the industry and consumers. “The application of these tariffs was a severe and immediate threat to UK automotive exporters, so this deal will provide… Continue reading Breaking: Trump slashes import tariff for UK-made vehicles to 10%

Tata Motors shares surge 9% in 2 days. Here are 5 forces fueling run

The trade deal is expected to lower import duties on vehicles from 100per centto 10per centunder a quota system, potentially boosting JLR’s volumes in India and strengthening its competitive edge. Shares of Tata Motors extended gains for a second straight session on Thursday, rising as much as 3.5per centto ₹704 on the BSE amid optimism… Continue reading Tata Motors shares surge 9% in 2 days. Here are 5 forces fueling run