Jaguar Land Rover, the British luxury automaker, said on Saturday that it was pausing shipments to the United States in April, days after President Trump’s auto tariffs went into effect.
The company, which makes luxury cars that include Jaguars, Defenders and Range Rovers, does not have manufacturing facilities in the United States and exports all the cars it sells there. In the last three months of 2024, it shipped 38,000 cars to the United States. The Trump administration imposed a tariff of 25 percent on imported cars as of Thursday.
“The U.S.A. is an important market for JLR’s luxury brands,” the company said in a statement. “As we work to address the new trading terms with our business partners, we are enacting our short-term actions, including a shipment pause in April, as we develop our mid- to longer-term plans.”
The United States is the largest single-country export market for British cars, with 6.4 billion pounds ($8.3 billion) worth of vehicles shipped there in 2023. That’s about a tenth of Britain’s overall exports in goods.
See, the funny thing is that there’s a Jaguar dealer here in my town. Nice building, put up in the last 5 years. Standalone, with a receptionist, sales people, mechanics in the back. Even a guy whose job it is to clean and wash the cars every day and do touch-ups on anything that comes in as a trade in.
The same family has dealerships for VW, Audi, Infiniti, Acura, Maserati, Alfa Romeo, Porsche, Jeep, Ram, Chrysler and Dodge. Each is a standalone building. Each with a receptionist, sales guys on the floor, mechanics in the back. Custodians to keep it clean, women in the finance and billing departments, catering for the customer lounges, which are very nice. Fresh flowers on the tabletops, that sort of thing.
What do you suppose is going to happen to the employment of this one family’s auto dealerships if this persists more than say, two weeks?
Now multiply my little burg by the hundreds of others all across the country, and then add in the clothing stores that source their material from Vietnam or Poland or wherever, and the hardware stores and flooring marts, and all the rest of the consumer economy which keeps the US afloat.
Yeah, I’m a macro student of the micro economy, with a PhD in pessimism. Can’t wait for Monday.
Yes - Hamas and Israel war. Very few casualties on Israeli side compared to Palestinians (Hamas + Civilians) side. It is just like shooting fish in the barrel for IDF.
50,000 Palestinians killed
< 2,000 Israelis killed
25 Palestinians killed for each Israeli killed.
That ratio speaks for itself as the world keeps turning more and more anti-Israel which is not anti-Semitic. Trump and Sanders tell that to Netanyahu and Israelis.
Israeli leaders have not been wise letting the whole Palestinian issue be so lopsided by denning Palestinians self rule, freedom from occupation and economic development. Israeli policy of stealing lands, IDF terrorists (killings, raids, rapes and imprisonment) and and many other anti-Palestinian policies resulted in Hamas.