Indian multinational vehicle maker, part of the Tata Group
Automakers have announced strategic shifts as Chinese brands and US trade rules upend the sector. Volkswagen has proposed deep job cuts to cut costs, Jaguar Land Rover is adding hybrids and prioritising the US, and the Commerce Department has denied Polestar permission to sell new connected models in the US from 2027, pushing the brand to refocus on Europe.
Rivian has launched the R2, a mid-market electric SUV, signaling a strategic shift from its high-price lineup. Analysts say the move could broaden EV adoption and pressure rivals, as markets respond to strong electrified sales and growing competition.
Chandrasekaran has stepped down from Tata Sons, citing unresolved board approval for a five-year extension. The move comes as Tata Trusts press for disciplined capital allocation amid losses in Air India, Tata Digital and Tata Electronics, and as investors respond to leadership uncertainty across the Tata Group.
Jaguar Land Rover’s revenues have fallen by 9.6% to £6 billion for the quarter to June 30, as production disruptions and a pivot from petrol/diesel to electric models weigh on sales. The group is pushing four new electric models while navigating a fire-related disruption and a wind-down of several Jaguar variants.