Reasonable performance in a tough quarter Chip shortage a near-term issue; long-term view remains
Tata Motors (TTMT) faced the double whammy of closure in the India business and a chip shortage in the JLR business in 1QFY22. The op. performance...
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JLR 1QFY22 wholesales impacted by chip shortage
Wholesales stood at 84,442 units (excluding China JV), up 72.6% YoY. However, this was ~30,000 units lower (~27%) than what otherwise would have...
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