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Tata Motors may face another loss at JLR unit due to pandemic

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On Friday, India’s Tata Motors Ltd reported that Jaguar Land Rover (JLR), which is a luxury car unit, may face another quarterly loss due to the coronavirus pandemic and demand fall rapidly. The automakers fall randomly due to less demand that pressurizes Tata Motors. The company is now trying to improve the cash flow with a new business strategy and maintain its cost that is challenged by the British carmaker’s sales.

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August 1

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