Shares of on Monday surged 1.6% to their day’s high of Rs 729.90 on the BSE after announced a delay in the implementation of a 50% tariff on (EU) goods. Additionally, Tata Motors’ segment was among the few globally to report a positive EBITDA margin in the last fiscal year.
The Mumbai-based automaker highlighted that its EV business stood out as one of the rare electric mobility players worldwide to achieve profitability before depreciation and amortisation.
Here are the detailed updates:
Trump delays EU tariffs
The tariff, initially set to take effect from June 1, will now be postponed to July 9, following a conversation between Trump and European Commission President Ursula von der Leyen.
This development is particularly significant for Tata Motors due to its ownership of (JLR), which manufactures in Europe and exports a substantial portion of its vehicles to the US.
The delay provides short-term relief for JLR, allowing it to continue its US-bound exports without being subjected to additional duties that would have impacted cost structures and demand.
The tariff postponement comes after Trump expressed frustration over stalled trade talks with the EU, accusing the bloc of being “very difficult to deal with.
However, the tone appeared to shift after Sunday’s conversation with von der Leyen, where both sides agreed to resume serious negotiations. Trump confirmed the extension in a post on Truth Social, saying it was his “privilege” to grant the delay.
“I told anybody that would listen, they have to do that,” Trump told reporters on Sunday in Morristown, New Jersey, as he prepared to return to Washington. Von der Leyen, Trump said, vowed to “rapidly get together and see if we can work something out.”
“I agreed to the extension – July 9, 2025 – It was my privilege to do so,” Trump said on Truth Social shortly after he spoke with reporters on Sunday evening.
EV biz reports positive EBITDA
Tata Motors has reported a positive EBITDA margin in its electric vehicle (EV) business for the last fiscal year, positioning it among a select few EV manufacturers globally to achieve profitability before depreciation and amortisation, the company stated in its latest annual report.