Summary
Tata Motors has seen its annual profits more than halve because of falling demand for cars and trucks - but said there were brighter signs on the horizon for the industry.
Jaguar Land Rover's parent firm made after-tax profits of pounds 133million in the year to the end of March, compared with pounds 267m a year earlier.See the full content of this document
Extract
Profits Halve but Tata Predicts Bright Future
The company, India's largest vehiclemaker, said a severely diminished demand for cars and an even worse commercial vehicle market...
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