Tuesday, October 29, 2019

Tata Motors eyes better H2 on JLR recovery, sustained cost cuts

Tata Motors retained 3-4% operating margin target for JLR this fiscal, it has withdrawn margin guidance for the standalone entity in face of severe demand slump in the domestic market that is expected to continue the rest of the year.

from Auto-Industry-Economic Times https://ift.tt/34jmhyx

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Tata AutoComp Systems to acquire 80% stake in Artifex

Tata AutoComp Systems Ltd will acquire an 80% stake in Artifex Interior Systems Ltd, part of the Jaguar Land Rover group. This move expands ...