Tata Motors posts Q2 loss of â¹1,049 cr due to weak Jaguar sales
Tata Motors has posted a loss of â¹1,049 crore for the July-September quarter due to weak Jaguar Land Rover sales. Jaguar's sales were hurt due to tariff changes in China and escalating trade tensions between China and the US. Tata Motors plans to cut costs and improve cash flows at the luxury car unit by â¹23,720 crore over 18 months.