Wednesday, 5 December 2018

JLR weakness drives owner Tata Motors' deeper into junk-rating

SandP Global Ratings lowered the credit rating of Tata Motors and its Jaguar Land Rover unit deeper into junk on Tuesday, citing weaker-than-expected profitability at JLR.

source http://europe.autonews.com/article/20181205/ANE/181209866/jlr-credit-rating-tata

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