Tata Motors hires ex-head of GM Europe

Tata Motors hires ex-head of GM Europe
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First Published: Mon, Feb 15 2010. 11 34 PM IST
Updated: Mon, Feb 15 2010. 11 34 PM IST
Mumbai: Tata Motors Ltd hired Carl-Peter Forster, the former Europe head of General Motors Co., as chief executive officer to help the company manage its global operations after purchasing Jaguar-Land Rover. Forster, 55, will have overall responsibility of the company’s global operations, including Jaguar-Land Rover .
Forster faces the challenge of boosting global sales after falling demand at the UK-based luxury vehicle maker pushed India’s biggest truck manufacturer to its first consolidated annual loss in at least seven years in the year ended March.
Tata Motors’ global sales, including Jaguar and Land Rover vehicles, gained 93% in January to 85,714 units, the company said in a separate statement. Sales rose 13% in the April-January period from a year ago. Tata Motors expects that Forster’s induction will greatly facilitate its ambition toward being a truly international company, chairman Ratan Tata said in the statement.
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First Published: Mon, Feb 15 2010. 11 34 PM IST
More Topics: Tata Motors | Ex-head | GM | Europe | Jaguar |