Jaguar Owner Posts $3.8 Billion Loss on Slump in China
- Tata Motors has been battling waning demand for diesel cars
- U.K. production presence exposes Jaguar to brexit risk: Fitch
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Tata Motors Ltd. reported a third straight quarterly loss as luxury unit Jaguar Land Rover Automotive Plc took an impairment of 278.4 billion rupees ($3.9 billion), mainly on account of challenges in the China market.