Tata Motors faces tariffs and market woes, impacting Jaguar Land Rover’s US sales and profits. Indian auto giant, part of Tata Group.
UK GDP increased by 0.1% in Q3, hindered by a cyber attack on Jaguar Land Rover that caused factory shutdowns and a sharp decline in car manufacturing. The data signals a weakening economy ahead of the November 26 budget, with rising unemployment and lower industrial output.
As of December 2025, the UK government is expanding its Electric Car Grant by £1.3bn and adding £200m for charging infrastructure to support EV adoption. This comes amid stalled EV demand due to high upfront costs and plans for a new pay-per-mile tax on EVs from 2028, sparking industry concerns about potential market slowdown.