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Tata Motors Q1 net down 49%; China drags JLR profit 29%

UK-based subsidiary and luxury car maker JLR in Q1 has registered a 29 percent drop in bottomline at pound 492 million and a 6.6 percent decline in revenue at pound 5,002 million year-on-year on dismal performance in China. China's luxury car market accounts for 20 percent of JLR sales.

first published: Aug 7, 2015 03:43 pm

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