Why Tata Motors hit a road bump on the Street today

Tata Motors’ losses were compounded by the fact that dealers in China delayed purchases for the company’s subsidiary luxury brand Jaguar Land Rover (JLR) to benefit from an import duty cut that came into effect after the quarter ended.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2O0aehb