Price of stripped-down Aria SUV cut 40%.
MUMBAI – Jaguar Land Rover continues to prop up parent Tata Motors as India’s second-largest auto maker saw overall sales, revenues, profits and market share decline in fiscal 2013. Total sales declined 15.3% to 314,464 and exports were down 14.1% to 7,274 in the 12 months ending March 31, compared with a year ago, the auto maker says in its annual report. Revenues fell 18% to Rs44.8 billion ($749 million) and net profits plummeted 76% to Rs3 billion ($50.8 million). Tata ...
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