Jaguar Land Rover drives Tata into red

Indian car maker Tata Motors posted its biggest quarterly loss, hurt by an impairment charge for its Jaguar Land Rover business.

Troubles at the Jaguar Land Rover (JLR) unit, which has been hit hard by US-China trade tensions, low demand for diesel cars in Europe and Brexit worries, had tipped Tata Motors into its first loss in three years, for the quarter ended June 2018.