How Jaguar's Indian revival choked on European diesel fumes [MSN Money]
Tata Motors Ltd Tata Motors Limited (TTM)
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Source: MSN Money
How Jaguar's Indian Revival Choked on European Diesel Fumes © Bloomberg Employe assemble a Jaguar E-Pace compact SUV on the production line at the JLR plant in Changshu. For a while, Tata seemed to have found the answer. Within a couple of years of the acquisition, Jaguar Land Rover Automotive Plc was making money. Its Range Rover Evoque, a compact SUV with a distinctive crunched rear roof, was a runaway hit -- so much so that the former Spice Girl Victoria Beckham got involved in a special edition. The Evoque powered JLR’s profits for years, accounting for most of part Tata Motors Ltd.’s earnings in the first half of the decade. The company’s market value soared above $9 billion in 05. Load Error Th China’s slowdown hit sal in what was once the carmaker’s most important market; the U.K. voted to break away from the European Union; and India’s biggt conglomerate was wracked by a power struggle as Ratan Tata fired his handpicked succsor. JLR was also slow to reduce its reliance on diel
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