india's Tata Motors, decided in the fourth quarter of the fiscal year by the year 2020, loss of 98,9 billion-rupee ago, and converted to 1.15 billion euros. Because of this, it is obliged to charge the additional cost savings for the subsidiary, Jaguar Land Rover, as the company on Tuesday announced. Jaguar Land Rover has kept the damage limited.
Tata Motors will be the cost of Jaguar and Land Rover in the coming time, with 1.11 billion euros, down, for a total of 5,57 billion euro of savings.
The lower cost of Land Rover north america began at the end of 2018. Since the beginning of this is estimated at 3.9 billion of the planned 5,57 billion euros of savings have already been achieved, according to the financial officer PB Balaji.
Jaguar Land Rover posted throughout the fiscal year with a loss before tax of 473 million euros. As for the financial year ending 31 march reports, the impact of the coronacrisis is already visible in the results.
if you are in the manufacturer's contracts with its 1,100 temporary workers, therefore, will not be renewed, as a spokesman for the British manufacturer in the Indian's hands to know. The sales of Tata Motors have decreased by 27 per cent to 624,8 billion rupees (7,26 billion us dollars).
Jaguar Land Rover sold in the financial year ending march 31, 508.659-new cars, which is a decline of 12.1 per cent. Land Rover will pull the amount of orders already in, thanks to new models like the Range Rover Evoque. In Jaguar, it is the electrical (I-Pace) to a greater interest in mathematics.