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Tata Motors' second-quarter profits boosted by rise in Jaguar Land Rover sales

Reuters  |  MUMBAI/BENGALURU 

By Sankalp Phartiyal and Arnab PaulMUMBAI/BENGALURU (Reuters) - India's Tata Motors reported a sharp rise in second-quarter profits on Thursday, helped by higher sales of its Jaguar and Land Rover cars, but warned of challenges ahead for its flagship British subsidiary.Jaguar Land Rover (JLR), which has been driving Tata Motors' profits for several years, expects sales in the UK and United States to soften because of competition but is confident of growth in China, JLR CEO Ralf Speth told reporters in Mumbai."We know that overall the economies are stronger around the world but it's also ...

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First Published: Thu, November 09 2017. 22:21 IST
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