Jaguar Land Rover drastically reduced its fiscal 2026 earnings forecast to 5-7% from 10% on Monday, citing uncertainty in the wake of President Trump's punishing 25% duties on foreign-made vehicles and auto parts. The revised outlook falls below the luxury automaker's 8.5% margin achieved in the previous fiscal year.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?
