Tata Motors results reflect bumpy road ahead for Jaguar Land Rover

Tata Motors says it expects better margins and volumes for Jaguar Land Rover (JLR), its British-based luxury vehicle maker, pointing to cost control and product launches. However, analysts in general appear to disagree most have pared estimates of volume, margin and target price for the stock. Higher capital expenditure (capex) and weak demand in the near term in some key markets might continue to weigh on volumes and profit.

The latest announcement by the Trump administration in America to raise tariffs on imported automobiles and parts could add to JLR's woes. As with its German rivals, BMW and Mercedes, it will