Tata Motor’s cost focus means little when chips are scarce

UPSC Practice recommends Tata Motor’s cost focus means little when chips are scarce.

The focus on cost control can be gauged from the fact it saved 150 million at JLR, by curbing variable marketing expenses and implementing a 10% reduction per car in vehicle cost. In the domestic market, the commercial vehicle business was able to remain in Ebitda breakeven even after revenue dropped to nearly half of the March quarter.

Courtesy: Economic Times

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