Tata Motors shares fall 20% to hit near 7-year low
Tata Motors shares fell as much as 20% on Tuesday to hit a near seven-year low after Jaguar Land Rover reported a 12.3% decline in September global sales. Jaguar also announced a two-week shutdown of a UK plant due to weak demand in China. Jaguar earlier warned that a bad Brexit could cost the company over $1.6 billion a year.