India | UK | US

Head of GM Europe may switch to India's Tata: media reports

Posted : Sat, 07 Nov 2009 10:10:21 GMT
By : dpa
Category : Business
News Alerts by Email ( click here )
Business News | Home
Frankfurt, Germany - The European chief of General Motors (GM), Carl-Peter Forster, may switch to Indian car manufacturer Tata, German media reported Saturday. Forster, 55, is quitting GM after strongly criticizing the Detroit-based car giant's surprise U-turn in deciding not to sell European subsidiary Opel.

Tata is reportedly eyeing up the GM manager to take charge of its global sales division. A decision was due shortly, sources told German Focus news magazine.

The role would involve launching Tata's budget Nano car in Europe, due in 2011.

Tata, India's largest car manufacturer, also owns the prestigious British Jaguar and Land Rover brands.

GM confirmed Friday that Forster was quitting. The former Opel boss had been highly critical of GM's last-minute decision not to sell the German carmaker to Canadian-Austrian car parts manufacturer Magna and their Russian backer, state-owned Sberbank.

Copyright DPA

Share/Save/Bookmark

Article : Head of GM Europe may switch to India's Tata: media reports
Print this article
Email this article

Stay Updated
News gadget on your Google homepage
Subscribe to a news feed in Google Reader


Related News

Spanish tourism declines 9 per cent due to economic crisis
Madrid - The number of foreign tourists visiting Spain declined by 9.3 per cent to 46.7 million visitors in the first 10 months of this year, according to official figures released Monday. Tourism had been expected to shrink by about 10 per cent this...

Daewoo construction unit up for sale
Seoul - South Korea's Kumho Asiana conglomerate said Monday it has settled on Abu Dhabi's Jabex Partners Co and TR America Consortium as preferred bidders for a majority stake in its construction unit, Daewoo Engineering & Construction Co. Kumho Asia...

OECD economies expanded modestly in third quarter
Paris - The collective gross domestic product (GDP) of Organization for Economic Cooperation and Development (OECD) members rose by 0.8 per cent in the third quarter of 2009 compared to the previous quarter, the organization said Monday. That follows...

EADS insider trading case comes before French market regulator
Paris - The most high-profile cases of insider trading in Europe of recent years entered a crucial phase Monday when 17 current and former executives of aerospace giant EADS and its subsidiary Airbus began testifying before a French market watchdog. ...

Thai activists demand pull-out from Myanmar dam project
Bangkok - Thai civil society leaders representing 189 organizations demanded Monday the government withdraw from the controversial Hutgyi dam project in Myanmar or face dire consequences. The group delivered a letter to Prime Minister Abhisit Vejjaji...

Taiwan's tourist figures up due to influx of Chinese visitors
Taipei - Taiwan's visitor figures rose 11.65 per cent in the first 10 months this year, boosted by the influx of Chinese tourists, the Tourism Bureau said Monday. Between January and October, Taiwan received 3.5 million visitors, the Tourism Bureau s...

Iraq oil exports at 58.2 million barrels in October
Baghdad - Iraq crude oil exports reached 58.2 million barrels in October this year, generating 4.19 billion dollars in revenue, the Oil Ministry said Sunday. Daily oil production dropped slightly in to an average of about 1.85 million barrels a day, ...

Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 

 
Your Comments

Re: Head of GM Europe may switch to India's Tata: media reports
By: Carazoo India , Tue, 10 Nov 2009 06:13:18 GMT

Nice review. :-)



More Business News click here
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark

 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 


The Earth Times
News Category

© 2009 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.