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The delay could be costly for Tata, analysts said. Like most carmakers, Tata is suffering in the global economic downturn. It is reportedly struggling to make payments on loans it took out to fund its recent purchase of British carmakers Jaguar and Land Rover. Tata Motors'owner Ratan Tata ...
Tata Motors has been hard-hit by the global downturn. Commercial vehicle sales, its core business, have been decimated as India's growth slows, and consumers have had trouble gettingaffordable5car loans. The company declared a loss of 2.63 billion rupees ($54 million) for the October to Dece...