Tata Blame Pounds 41m Loss On Jlr

Summary


INDIAN car giant Tata has blamed Midland-based Jaguar Land Rover for a pounds 41.2 million quarterly loss.

Tata Motors, which pumped in millions to turn around JLR's fortunes, recorded the loss between April and June saying it had been driven by a 52 per cent drop in sales volumes at JLR and the cost of servicing its debt.

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Extract


Tata Blame Pounds 41m Loss On Jlr

During the same period last yea...

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