Jaguar Land Rover’s profit will fall short of projection

Jaguar Land Rover (JLR) will prioritise growth in the US as it seeks to counter weakness in its traditional stronghold of China, but will deliver only a 4% profit margin, it said on Wednesday, sending shares of its Indian parent, Tata Motors, tumbling.

Jaguar Land Rover’s profit will fall short of projection
Jaguar Land Rover (JLR) will prioritise growth in the US as it seeks to counter weakness in its traditional stronghold of China, but will deliver only a 4% profit margin, it said on Wednesday, sending shares of its Indian parent, Tata Motors, tumbling.