The United States incidentally accounts for almost 25% of all annual sales for Jaguar Land Rover.
Jaguar Land Rover has recently announced a temporary one-month pause in vehicle exports to the United States, as the British automaker strategies on how to navigate President Donald Trump’s newly implemented 25% tariff on imported vehicles.
The decision from Jaguar Land Rover to temporarily halt exports into the United States follows the signing off on 1st April from President Donald Trump of the bill that will penalise all car makers that import cars into the US market. He said the decision was made because of the imbalance of US-made car sales in other markets, with an identical levy on car parts set to begin in the coming months.
“As we work to address the new trading terms with our business partners, we are taking some short-term actions, including a shipment pause in April, as we develop our mid- to longer-term plans,” Jaguar Land Rover stated in an official communication.
The United States is to currently be the largest market Jaguar Land Rover, with American exports accounting for approximately 25% of the company’s global sales. The British automaker sells roughly 400,000 vehicles annually worldwide.
According to The Times, Jaguar Land Rover is believed to have approximately two months’ worth of inventory already in the United States, which will not be subject to the new tariffs. This existing stock provides the company with some breathing room for the automaker, as it formulates a longer-term response to the changed trade environment.
Incidentally, data from the Society of Motor Manufacturers and Traders (SMMT) noted that automotive exports from the UK to the USA increased by 34.6% year-on-year in February. This could partly have came as a result of efforts by various British automaker building up said inventory in the United States to avoid the charge.
Aside from Jaguar Land Rover, Nissan is to be the other big name who has announced a pause in exports of its cars into the US from this newly-imposed tariff. The Japanese automaker will no longer be taking orders in the US for two of its Mexican-built Infiniti SUVs: the QX50 and QX55.
