Slym brings GM team to run Tata Motors
In an attempt to revive Tata Motors, Managing Director, Karl Slym has poached five top executives from American rival GM. Karl Slym, a former GM executive himself, is attempting to build his core team signifying a change in the company at a time when domestic sales fell by 10% to 760,000 units in 2012-13.
A report in the Live Mint says, Slym who joined the company last August identified three problem areas – poor quality, lack of model upgrades and perception that the company’s cars were only good for being used as taxis. Tata’s auto division has been allotted a sum of Rs 15,000 crore as capital expenditure for the next three-five years in an attempt to take second spot in the Indian market and challenge market leader Maruti Suzuki by 2020.
In April the company's domestic sales of commercial and passenger vehicles were 47,595 units, down from 60,086 units sold in the same month in the previous year. These numbers are reflective of the slump in the market and Tata’s inability to steer free from dropping sales in the current financial year. Tata Motors has also lost the top position to Mahindra and Mahindra in the UV segment, a segment which continues to show promising growth in the Indian market.
With its new management, Tata plans to launch a series of new platforms and models over the next three years said a Tata spokesperson familiar to the recent developments. However there will be no new platform launches till 2015. This year will see launch of tweaked versions of existing products while in 2014 new products based on existing products will be launched. “models developed on completely new platforms will come in 2015” because “Slym wants to get the back-end process in order before the launch of new models,” added the spokesperson.
The new hires are the following:
Ankush Arora - Marketing and Sales under at General Motors India – now Senior VP (strategy) at Tata Motors.
Venkatram Mamillapalle - heading GM’s purchase department in Seoul – now Head of Purchase at Tata Motors.
Sanjeev Garg - Chief Executive and Managing Director at GM’s Malaysian outfit – now Global Head (Customer Service) at Tata Motors.
Manish Manek - Plant Manager of GM’s Halol factory in Gujarat – now Quality Head for Tata’s passenger car division.
Rajiv Gupta - GM’s National Manager for New Business Development – now After Sales Head at Jaguar Land Rover
Ankush Arora and Venkatram Mamillapalle will join Ranjit Yadav - president (passenger vehicles business), Ravindra Pisharody - president (commercial vehicles business) and S.B. Borwankar - vertical head for quality control, sourcing and vendor development, as members of an executive committee at Tata Motors.
The report added that Narain Karthikeyan, former Formula One driver, will be closely associated with engine development and vehicle testing at Tata Motors. The Tata group being one of Karthikeyan’s racing sponsors.
Slym brings GM team to run Tata Motors | wheelsunplugged.com