Thursday, February 25, 2010

FORMER BMW SA CEO JOINS TATA MOTORS


Tata Motors of India has appointed former GM Europe CEO Carl-Peter Forster as its new CEO.

“Tata Motors expects that Mr. Forster's induction will greatly facilitate its ambition towards being a truly international company,” said company Chairman Ratan Tata.

Industry fundis will remember Forster as a former BMW South Africa MD. Not long thereafter (2001) he joined GM in Europe where he was responsible for all Opel/ Vauxhall, SAAB and Chevrolet operations.

Forster left GM soon after the company failed to agree on terms with a consortium that included Magna of Canada on the sale of Opel. Some believe he didn’t agree with the way GM wanted to conduct the deal.

Tata is of course the owner of brands that include Tata Motors, Jaguar and Land Rover.

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