Tata Motors JLR forecasts FY26 EBIT 5%-7%, 18B£ capex by FY28, paused US shipments, and seeks tariff relief amid 27.5% duties.

• JLR targets FY26 EBIT 5%-7%, 18B£ investment in FY24- 28, and near-zero free cash flow in FY26.
• Temporarily halts US shipments; engages governments to mitigate 27.5% tariff risks on UK/Slovakia exports.
• UK-US trade deal cuts tariffs to 10% from 27.5%, but Slovakia remains at 27.5%.