Jaguar Land Rover, owned by Indian conglomerate Tata Motors, has announced a temporary suspension of exporting vehicles manufactured in the UK to the United States. This decision comes as the company evaluates strategies to mitigate the financial impact of the 25% import tariff imposed by former US President Donald Trump. The move follows a report by The Times, which revealed plans by the UK government regarding trade relations, later confirmed by JLR.
German automaker BMW AG $BMW.DE is reassessing its plans to restart the production of electric Mini cars in the UK, highlighting the uncertainties facing the automotive industry globally. In 2023, BMW announced a £600 million investment to develop electric models at the Oxford plant. This move was intended to transition the facility to fully autonomous production by 2030, yet these timelines are now challenged.