![\"\"](\"https:\/\/i0.wp.com\/www.egmcartech.com\/wp-content\/uploads\/2010\/03\/jaguar_logo_wide_main_a.jpg?resize=563%2C283\" "\\"Jaguar\\""){kind=logo}
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A move that at first seemed like a half-cocked one, is starting to pay as Tata Motors is finally starting to see a profit from its $2.5 billion acquisition of Jaguar Land Rover. Thanks to cost cuts, new models, and an improving economy, analysts around the globe are predicting good things.<\/p>\n
Sales have risen 47%, reaching $5.65 billion, which brings a profit of $141 million. A year earlier the company showed a loss of $565 million.<\/p>\n
Analysts are also upbeat about the new management Tata has put in place; former head of GM Europe Carl-Peter Forster and BMW veteran Ralf Speth will serve as Group CEO and CEO of Jaguar Land Rover respectively.<\/p>\n
– By: Stephen Calogera<\/em><\/p>\n Source: BusinessWeek<\/a><\/p>\n A move that at first seemed like a half-cocked one, is starting to pay as Tata Motors is finally starting to see a profit from its $2.5 billion acquisition of Jaguar Land Rover. Thanks to cost cuts, new models, and an improving economy, analysts around the globe are predicting good things. Sales have risen 47%, […]<\/p>\n","protected":false},"author":288,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-681749","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2RlX","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/681749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/288"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=681749"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/681749\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=681749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=681749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=681749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/img><\/a>
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