Tata Motors Posts Net Loss Due to Struggling Jaguar and Land Rover Unit

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Tata Motors Posts Net Loss Due to Struggling Jaguar and Land Rover Unit
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Tata Motors has posted its first annual loss in eight years due to a significant drop in demand for vehicles from its newly acquired Jaguar Land Rover (JLR) unit. The Indian automaker, also known for manufacturing the world’s cheapest car (the Nano), posted a net loss of $520 million for its 2009 fiscal year, with… Continue Reading...
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