The Wheels Have Come Off at Jaguar Land Rover
An employee fits a wheel to a Land Rover Defender automobile at Tata Motors Ltd.’s Jaguar Land Rover vehicle manufacturing plant in Solihull, U.K. (Photographer: Chris Ratcliffe/Bloomberg)

The Wheels Have Come Off at Jaguar Land Rover

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(Bloomberg Opinion) -- When companies book a massive writedown, shareholders often just shrug. That’s because impairments usually happen a long time after the market has formed a fairly accurate op...
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