- Tata Motors announced a reduced quarterly loss on Wednesday due to higher car sales.
- The Jaguar Land Rover parent reported a consolidated net loss of 9.45 billion Indian rupees ($115.95 million) for the quarter ended Sept. 30.
- Tata CV sales grew 15% in Q2 FY22. Domestic wholesales in India were 93,651 automobiles (+19%).
- Financial crisis in export markets reduced exports by 22% to 6,771 automobiles.
