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Arya Sen
Analyst at Jefferies
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Jaguar Woes Add To Challenges For India's Most Indebted Empire
Although Jaguar posted a net income of 119 million pounds ($151 million) this week, debt at owner Tata Motors Ltd. has grown to almost $14 billion, as it struggles to tide over a demand slump in China, the world's biggest auto market.
Published: May 22 2019
Jaguar woes add to challenges for India's most indebted empire — Tata Group
Tata snapped up JLR from Ford Motor Co., and steelmaker Corus Group Plc in 2007 for $12.9 billion.One problem is the small volume of JLR sales in China compared to the competition
Published: May 22 2019
Jaguar Land Rover woes add to challenges for Tata Group
The twin developments mark the biggest challenge facing the 151-year-old group that ventured overseas with acquisitions more than a decade ago
Published: May 22 2019
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