Tata Motors Shares Drop 9% as Jaguar Land Rover Halts US Shipments Amid High Auto Tariffs

JLR Announcement 🚫: Jaguar Land Rover pauses U.S. shipments in April due to President Trump’s 25% tariffs on auto imports.
Tata Motors Performance 📉: Shares of Tata Motors were the worst performers on the Nifty 50 on April 7, falling sharply.
Impact of Tariffs 💰: The 25% tariff on imported cars is forcing JLR to reassess its strategy for U.S. exports.
Brokerage Downgrade 📉: CLSA downgrades Tata Motors from “high-conviction outperform” to “outperform,” slashing target price to ₹765 from ₹930.
Volume Concerns 📊: JLR’s volumes could drop 14% YoY by FY26 due to U.S. tariff impact, with Tata Motors bearing a significant loss due to JLR’s U.S. market exposure.

This sharp decline follows mounting concerns over how the tariffs will affect Tata Motors’ bottom line.