What is that phrase? Oh yeah, “As one window closes, another opens.”
Carl-Peter Forster, General Motors European President stepped down after criticizing GM’s decision to retain Opel. Soon after, Tata Motors of India, made famous by its bold acquisition of Jaguar and Land Rover from Ford and the development of the least expensive car on earth, the Nano, has named Forster its group CEO.
The move, said Ratan Tata, chairman of the automaker, will assist in making the company “a truly international company.”
Born in London to a German diplomat, Forster has 24 years experience in the auto industry. Prior to joining GM in 2001, he worked for BMW for 13 years and was for a time head of manufacturing.
Among other things, Forster will have the responsibility to restructure Jaguar Land Rover. Almost ever since the Indian company acquired Jaguar and Land Rover, things have been kind of tough for the British companies due to the Great Recession. Things have been so bad in fact, the company plans to close three jaguar Land Rovers plants in the UK. Tata was facing opposition from unions at those plants.
David Smith stepped down from the post of CEO of Jaguar Land Rover in January. The company still intends to name a successor.