The man installed by Tata to guide the Jaguar/Land Rover ship, David Smith, has left the company. Smith was the head of finance for Ford Europe, and had helped sell Aston Martin to Dave Richards' group before he assisted in the sale of Jaguar to Tata. He has been the CEO since 2008, and just last year helped the company secure a £340 million ($553 million) European Investment Bank loan guarantee. A short statement from the company itself gave no reason for the departure, saying only that Ravi Kant, company director, will take over in the meantime while a successor is found.

[Source: Jaguar/Land Rover, BBC]

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