• Most Popular
  • Most Shared

GM Europe boss heads for Jaguar - paper

Sun Nov 8, 2009 8:22am EST

Stocks

   

LONDON, Nov 8 (Reuters) - Carl-Peter Forster, who quit as head of General Motors Europe [GM.UL] on Friday, is due to take charge of Indian group Tata Motors' (TAMO.BO) luxury British carmaker Jaguar Land Rover, the Sunday Times newspaper said.

The paper cited sources in Frankfurt as saying that Forster was likely to be given a senior role at Tata Motors (TTM.N) which could involve him running the company's British operations.

Forster left GM after criticising it for reversing a decision to sell European unit Opel to Canadian auto parts company Magna (MGa.TO). [ID:nL6709634] No one at Jaguar Land Rover was immediately available to comment. (Reporting by Victoria Bryan; Editing by Greg Mahlich)



More from Reuters

Photo

New home sales hit seven-month low

WASHINGTON (Reuters) - Consumer spending rose for a second straight month in November as incomes recorded their biggest gain in six months, but a surprise drop in new home sales was a reminder that the economic recovery would be bumpy.

A glass of water taken from a residential well after the start of natural gas drilling in Dimock, Pennsylvania, March 7, 2009. Dimock is one of hundreds of sites in Pennsylvania where energy companies are now racing to tap the massive Marcellus Shale natural gas formation. REUTERS/Tim Shaffer

Not in my watershed: NYC

The biggest U.S. city wants the state to ban one of the most promising sources of U.S. energy -- and also one of the most contentious.  Full Article 

Cannabis sativa plant is seen in Buenos Aires, August 21, 2009. REUTERS/Enrique Marcarian
Bernd Dubusmann:

Obama, drugs, common sense

American attitudes towards drug prohibition – and above all, punitive laws on marijuana – are changing too fast for policymakers and legislators to ignore.  Commentary