Jaguar Land Rover parent Tata Motors reports wider quarterly loss
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
[BENGALURU] India's Tata Motors Ltd posted a wider second-quarter loss on Monday, as semiconductor shortages wrecked production for the carmaker across key markets.
The parent of Jaguar Land Rover (JLR) reported a consolidated net loss of 44.42 billion rupees (S$800 million) for the quarter ended Sep 30, compared with a loss of 3.14 billion rupees the year before.
REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Mustafa Centre begins fit-out at JB’s Capital City Mall after 2-year delay
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
