TTM earnings call for the period ending September 30, 2020.
India's Tata Motors Ltd <TAMO.NS> forecast a stronger second half on Tuesday as sales of its Jaguar Land Rover (JLR) vehicles improved in key markets even as it continued to grapple with the COVID-19 pandemic and uncertainties over a hard Brexit. The global health crisis has hammered sales for automakers worldwide and compounded problems for the company's luxury unit, which, like most companies, will have to face a wall of bureaucracy as Britain casts off from the European Union from Jan. 1. Tata Motors said while it was prepared for any friction at the border, it hoped for clarity on Brexit to avoid supply chain disruptions and better manage its inventory.
Jaguar Land Rover (JLR) plans to launch its electric Jaguar I-PACE sedan in India early next year, the automaker's country head told Reuters on Thursday, as governments across the world push for more clean-energy vehicles. The British luxury carmaker owned by India's Tata Motors also plans to launch plug-in hybrid versions of its vehicles in coming months, including the Land Rover Defender sport-utility vehicle (SUV), JLR India's Rohit Suri said.