Tata Motors
On 15 February 2010 India's Tata Motors announced that Carl Peter Forster has been appointed as the group CEO with overall responsibility for Tata Motors globally, including that of its British unit Jaguar and Land Rover.
Following a surprise announcement on Friday 9 September 2011 it was revealed that Carl-Peter would step down from his group CEO role due to 'unavoidable personal circumstances'. However, he remains on the Tata Motors board of directors in a non-Executive capacity.
Read more about this topic: Carl-Peter Forster, Biography
Famous quotes containing the word motors:
“When General Motors has to go to the bathroom ten times a day, the whole country’s ready to let go. You heard of that market crash in ‘29? I predicted that.... I was nursing a director of General Motors. Kidney ailment, they said; nerves, I said. Then I asked myself, “What’s General Motors got to be nervous about?” “Overproduction,” I says. “Collapse.””
—John Michael Hayes (b. 1919)