JLR cuts break-even to 300,000 units as Range Rover, Defender demand holds firm

Tata Motors' JLR posted a £244M FY26 loss on tariffs, China weakness and a cyber incident, but is targeting £1.7B in savings and a lower 300,000-vehicle break-even. An £18B FY24-FY28 investment backs an 18-24 month product offensive led by Range Rover Electric and Jaguar Type 01.

— Filed Thu, 14 May, 2026, 22:16 IST · Source The Hindu BusinessLine · Updated

Tata Motors' JLR posted £244M FY26 loss on tariffs, China weakness and cyber incident; targets 300,000-unit break-even and £1.7B savings, with Range Rover Electric and Jaguar Type 01 leading 18-24 month product offensive.