JLR parent sees demand recovering, warns of short term impact of chip shortage

India’s Tata Motors Ltd (TAMO.NS) said on Monday it expects performance to improve from the second half of its current financial year, anticipating an easing of global supply constraints on rapid COVID-19 vaccinations. The company said demand remains strong for Jaguar Land Rover (JLR) and India passenger vehicles, with commercial vehicles seeing a gradual improvement. […]

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