Tata Motors (TTM) drops 10.1% after the Indian carmaker announces the resignation of CEO...

|About: Tata Motors Limited (TTM)|By:, SA News Editor

Tata Motors (TTM) drops 10.1% after the Indian carmaker announces the resignation of CEO Carl-Peter Forster, just 18 months after he joined the company. Shares could also be getting hit by a report that Indian car sales fell 10% Y/Y in August, hurt by higher costs and rising interest rates.