autoevolution
 

Carl Peter-Forster Steps Down as CEO of Tata Motors

You don't need to be a close follower of the automotive industry to notice that Jaguar and Land Rover are doing so much better than in the past, wit the companies launching one successful model after another. However, a negative piece of information regarding this matter has now hit us, as Carl-Peter Forster, Chief Executive Officer of Tata Motors, the owner of Jaguar Land Rover recently announced that he will resign, as the BBC reports.
The executive, who is the man behind the rise of the two aforementioned British carmakers - he led the companies for 18 months - motivated his leave by citing personal reasons.

"I deeply regret that my personal circumstances make it difficult for me to continue to perform the challenging duties of managing the thriving global activities of the Tata Motors Group with its main activities in India and the UK and increasingly in additional overseas markets," Forster was quoted as saying by the aforementioned source.

Jaguar Land Rover brings 80 percent of Tata Motor's profit, with the Indian company now doing everything it can to keep things on the ascending trend.

Forster will stay in the Tata Motors board, but will be a non-executive member. Prior to working for Tata, the executive lead General Motor's European offensive. Before that, he handled BMW's Souh African division.
If you liked the article, please follow us:  Google News icon Google News Youtube Instagram X (Twitter)
About the author: Andrei Tutu
Andrei Tutu profile photo

In his quest to bring you the most impressive automotive creations, Andrei relies on learning as a superpower. There's quite a bit of room in the garage that is this aficionado's heart, so factory-condition classics and widebody contraptions with turbos poking through the hood can peacefully coexist.
Full profile

 

Would you like AUTOEVOLUTION to send you notifications?

You will only receive our top stories