Karl Slym joins Tata Motors ahead of schedule

13 Sep 2012

1

Karl Slym, who was slated to have joined Tata Motors on 1 October 2012, has joined Tata Motors as its managing director ahead of schedule. The company, however, did not provide any reason other than: ''…necessary formalities having been completed''.

Prior to his appointment, Slym was the executive vice president and board member of SGMW Motors, a three-way joint venture among General Motors, China's SAIC Motor Corporation Ltd and Liuzhou Wuling Motors Co Ltd.

On 14 August Tata Motors had announced the appointment of Slym as its managing director, a post that has been lying vacant since the retirement of P M Telang on 21 June (see: Tata Motors appoints GM's Karl Slym as MD).http://www.domainb.com/companies/companies_t/Tata_Motors/20120814_karl_slym.html

Slym's will lead the operations of Tata motors both in India and global markets, including South Korea, Thailand, Spain, Indonesia and South Africa.

However, its UK subsidiary Jaguar Land Rover will continue to be independently handled by BMW veteran CEO Ralf Speth.

Slym takes over at time when Tata Motors  when the company has lost its leadership in the utility vehicles segment to Mahindra & Mahindra, a fact lamented upon by Chairman Ratan Tata at the company's recent AGM.

Slym is widely credited with having steered General Motors through one of its most difficult phases in India, when its parent had declared bankruptcy in 2009.

Slym left India in January this year to be part of GM's China operations.

Business History Videos

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more