Jaguar Land Rover rakes in £2.5bn profit despite stalled sales Transport and infrastructure Jaguar Land Rover (JLR) has achieved its highest profit for a decade despite its sales stalling during its latest financial year. The Coventry-headquartered automotive giant has posted a profit of £2.5bn for the 12 months to 31 March, 2025. The latest total is up from the £2.2bn profit it achieved in its prior year – [...]
Jaguar Land Rover reboots US car exports despite tariff woes Transport and infrastructure Jaguar Land Rover has begun sending cars to the US again after halting shipping on the back of President Donald Trump’s trade war. The first batch of vehicles headed to the US in nearly a month shipped out from the UK on Wednesday, as first reported by The Times. The British firm paused deliveries across [...]
Tariffs: Starmer commits to fiscal rules and not raising income tax and VAT Politics Sir Keir Starmer has stressed his commitment to the government’s fiscal rules and reiterated he would not increase national insurance, VAT or income tax, despite Donald Trump’s tariffs upending government economic policy. The Prime Minister called for “cool heads” as global markets plunged in response to the US President’s sweeping global import taxes, and said [...]
Jaguar Land Rover eliminates £5bn debt pile but warns of ‘significant threat’ April 7, 2025 The boss of Jaguar Land Rover has revealed the luxury car maker has eliminated its net debt pile which totalled £5bn at its peak. Speaking alongside Sir Keir Starmer and Rachel Reeves during their visit to the Midlands, chief executive Adrian Mardell confirmed the milestone which has seen the manufacturer reduce its debt over a [...]
Jaguar Land Rover: Donald Trump’s tariffs threaten US growth April 7, 2025 The scale of the impact of Donald Trump’s tariffs facing Jaguar Land Rover has been revealed as the luxury car maker outlined how many vehicles it exported to the US in the first three months of 2025. The Coventry-headquartered automotive giant saw wholesale volumes in its fourth quarter rise by 14.4 per cent in North [...]
Jaguar Land Rover to ‘pause’ US shipments in wake of tariffs April 5, 2025 Jaguar Land Rover has said it will “pause” shipments to the US as it works to “address the new trading terms” of Donald Trump’s tariffs. A 25 per cent levy on all foreign cars imported into America came into force on Thursday, and a wider “baseline” 10 per cent tariff on goods imported from around [...]
US tariffs: Keir Starmer vows to ‘keep cool head’ in face of ‘economic impact’ April 3, 2025 Sir Keir Starmer has vowed to “keep a cool head” in the face of the “economic impact” of Donald Trump’s 10 per cent tariffs on UK exports to the US, amid fears of a wider trade war. The Prime Minister spoke to business chiefs in Downing Street this morning in the wake of sweeping global [...]
US tariffs: UK ‘reserves right to respond’ after carmakers meeting March 28, 2025 The UK reserves the right to respond to American tariffs, Sir Keir Starmer has said, after US President Donald Trump’s decision to slap a 25 per cent import tax on cars. The Prime Minister said his government was involved in ongoing discussions with the White House aimed at “mitigating the impact” of any levies but [...]
Jaguar Land Rover hires 150 EV roles ahead of electric Range Rover launch March 20, 2025 Jaguar Land Rover will recruit 150 specialist EV technicians in the West Midlands ahead of the launch of its all-electric Range Rover in 2025. The luxury carmaker said the new roles would be “central” to its plans to offer pure electric versions of all of its brands by 2030. It is also aiming to become [...]
Land Rover Defender Octa review: driving the all-terrain action hero March 18, 2025 Ever since 1948, Land Rovers have been clambering over rocks, wading across rivers and squelching through muddy ruts. The new Defender Octa is different. This steroidal SUV wasn’t born for ambling along green lanes; it leaps and bounds across rough ground like a rally-raid car. In 77 years, there has never been a Land Rover [...]