Losses widen at Tata Motors on chip shortages, rising expenses

Tata’s India enterprise recovered sharply within the third quarter. India’s Tata Motors reported its third straight quarter of losses on Monday as chip shortages and rising uncooked materials costs hit the automaker’s backside line. Internet losses widened to 44.41 billion rupees ($592.81 million) within the three months ending September 30, in comparison with a lack […]