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Business

Tata loses steam

Published: 24 Dec 2012 - 10:38 pm | Last Updated: 05 Feb 2022 - 09:44 pm

Tata Motors’ Head of Advanced and Product Engineering Tim Leverton in his office at the company’s plant in Pimpri, 160km southeast of Mumbai, yesterday. Tata, a global name since it bought Jaguar Land Rover in 2008, is losing traction at home as under-whelming product tweaks, heavy discounts and slumping capacity utilisation mark a painful 18 months for its passenger division.