Tata Motors Ltd
The Hindu Business Line is reporting that Tata Motors is expected to launch two electric vehicles (EVs) in select European countries by March of 2011. The company's vice chairman, Ravi Kant, told the publication that the EVs scheduled for launch include battery-powered variants of the Indica Vista hatchback and its Ace, a light-duty commercial mini-truck. The EVs will appear first in the UK, followed by an introduction in Scandinavian nations (Norway, Denmark and Sweden) at a later date. Tata Mo
Rumors of Ratan Tata's retirement from the international corporation he helms as CEO have been buzzing around the internet for over a year, but they've recently been lent a little credence. According to BBC News, Tata Group has assembled a five-person panel to find a suitable successor to the company's throne. It had previously been suggested that the 79-year-old Tata would retire by the end of 2012. The panel hopes to locate a new CEO by March of next year, providing a bit of overlap between th
Back in November, it was first reported that former Opel CEO Carl-Peter Forster would join Tata Motors to run its British operations at Jaguar-Land Rover. While nothing came of that rumor, last week Forster was named as the new CEO of the parent company Tata Motors with responsibility for all of its automotive operations including JLR.
It appears that outgoing Opel chief Carl-Peter Forster may have already lined up a new gig for himself. According to The Times of London, Forster will become an employee of Tata Motors and take the top job at Jaguar-Land Rover. If this appointment comes through, it will be something of a homecoming for Forster who was born and raised in London. Additionally, Forster also ran production at BMW when it owned the late Rover Group.