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India's Tata Motors skids as US auto tariffs plan to hit JLR

ReutersMar 27, 2025 4:03 AM

Tata Motors shares TAMO.NS drop 6.3% to 663.85 rupees

U.S. to implement 25% tariff on imported cars and light trucks from next week

TAMO's luxury unit Jaguar Land Rover (JLR) imports cars into the U.S. from UK and Slovakia

North America is a top market for JLR, accounting for ~27% of sales volumes

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