India Incs ruin Jaguar-Land Rover

Like everything else they touch, the oncee great British car company Jaguar is being wrecked by India Inc, in this case Tata.

The wheels have come off at Jaguar Land Rover for Tata Motors

“The 3.1 billion pound ($4 billion) non-cash impairment booked by Jaguar Land Rover, its British subsidiary, helped wipe 18 percent off Tata Motors’ share price on Friday, bringing the decline over the past year to 60 percent”.

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