Tata Motors: Jaguar Land Rover’s Indian owner sees surprise $1bn loss

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Tata Motors wrote off $2bn due to its shakeup of Jaguar Land Rover and warned over the global chip shortage. …

Also, unlike after the first wave, there could be a limited upside from pent-up consumer demand this time, due to “higher out of pocket medical expenses, and precautionary savings to avert any health crisis in the future,” according to QuantEco Research, an independent research house.

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