JLR, McLaren, MINI slash British-built luxury car prices ahead of India-UK CETA tariff cut

Automakers are pre-emptively cutting prices on UK-built petrol luxury cars by ₹8 lakh to ₹3.32 crore as the India-UK CETA prepares to drop duties from 110% to 30%. MINI Cooper S, Range Rover SV and McLaren 750S Spider lead the cuts, with a 180-day price protection. EVs and hybrids remain excluded for five years.

— Source publishedThu, 11 Jun, 2026, 09:38 IST·First seen Thu, 11 Jun, 2026, 09:42 IST·Source The Hindu BusinessLine

What happened

Jaguar Land Rover · Ahead of India-UK CETA, JLR, McLaren and MINI are pre-emptively cutting prices on British-built petrol luxury cars by ₹8 lakh to ₹3.32 crore

Key facts

  • ₹8 lakh MINI Cooper S cut
  • ₹75 lakh Range Rover SV cut
  • ₹3.32 crore McLaren 750S Spider cut
  • duties from 110% to 30%
  • petrol >3000cc qualifies
  • EV exclusion 5 years
  • 180-day price protection

Why this matters

The five-year EV/hybrid exclusion creates a strategic window to lock UK petrol-platform partnerships before electrification tariffs reset the playing field.