MUMBAI, June 26 (Reuters) - Tata Motors , India's top vehicle maker, reported on Friday its first annual loss in at least eight years, hit by slowing demand and losses at its Jaguar and Land Rover unit it bought in 2008. The firm , which controls 60 percent of the world's fifth-biggest truck and bus market, reported consolidated net loss for the year ended March 2009 of 25.05 billion rupees ($520 million) versus net profit of 21.68 billion rupees a year ago. Net sales rose to 703.70 ...
Premium Content (PAID Subscription Required)
"India's Tata Motors posts FY09 net loss of $520 mln" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.