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Challenging demand outlook may derail Tata Motor's JLR turnaround plan

The company, however, believes that new model launches and China revival will lead to a reversal in fortunes

jaguar, JLR
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A tyre is seen on Jaguar Land Rover's I-PACE concept car on display ahead of it's 2018 production launch as Jaguar's first fully electric SUV at their 'Tech Fest' in London | Reuters

Demand issues in China continue to weigh on Tata Motors forcing the company to cut costs, curtail capital expenditure and improve its cash flow at its UK-based subsidiary Jaguar Land

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First Published: Oct 31 2018 | 8:09 PM IST

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