Tata Motors hires Carl-Peter Forster as new group CEO

Tata Motors appointed former General Motors head, Mr Carl-Peters Forster, as its Chief Executive Officer this week. Fifty-five-year old Forster has worked in the auto industry for 24 years, and was with German luxury car-maker, BMW, for 13 years before he joined GM in 2001. He headed GM’s European operations. As Tata Motors’ CEO, Forster’s responsibilities will include looking after the operations of Britain-based marquee brands Jaguar and Land Rover. He will report to the Group Chairman, Mr Ratan Tata.

A day after his appointment, Forster told mediapersons that it would take him 100 days to comfortably handle his new role. He said he was ‘enthused’ to be a part of an Indian company with such high business ethics. Officials at Tata Motors said that Forster would certainly give a fillip to the ever-expanding company’s international operations, given his own global background.

Meanwhile, Tata Motors President (Commercial Vehicles) Ravi Pisharody told reporters that the company would hike its CV prices by 1-2 per cent after the implementation of new emission norms in April.

Courtesy:http://www.driveinside.com