Revealed On Feb 13, 2021 12:48:00 PM
Llistosella will take over the position from Guenter Butschek.
Tata Motors has introduced Marc Llistosella as the corporate’s new managing director and CEO. Llistosella succeeds Guenter Butschek, former COO of Airbus and a Daimler AG veteran, who took cost at Tata Motors in January 2016.
Llistosella has labored with companies like Mitsubishi Fuso Truck and Bus Company and Daimler Vans Asia
He’ll take over the position from July 2021
Llistosella was the president and CEO of Mitsubishi Fuso Truck and Bus Company and head of Daimler Vans Asia until 2018, earlier than he moved on to hitch Einride’s board of administrators. The Sweden-based Einride had billed itself as ‘The clever motion firm’, focusing on full transformation of the transportation trade.
Commenting on the brand new appointment, N Chandrasekaran, chairman, Tata Motors, stated: “I’m delighted to welcome Marc to Tata Motors. Marc is an skilled automotive enterprise chief with deep information and experience in industrial automobiles over his illustrious profession and has in depth operational expertise in India. Marc will convey this expertise to take the Tata Motors’ Indian enterprise to even better heights.”
Marc Llistosella stated, “I’m delighted to turn out to be part of the distinctive Tata household. Having been bonded to India for therefore a few years, a brand new thrilling chapter is now opened. We might collectively awaken the potential of Tata Motors.”
Guenter Butschek has knowledgeable of his need to relocate to Germany on the finish of the contract for private causes. He has accepted the request of the board of Tata Motors to proceed because the MD and CEO until June 30, 2021.
Chandrasekaran added: “I want to thank Guenter for main Tata Motors efficiently over the past 5 years.”
Tata Motors: extra particulars
The homegrown producer has began off 2021 by launching the Altroz iTurbo, which is priced from Rs 7.74 lakh. The carmaker is at the moment gearing as much as launch the brand new Tata Safari on February 22. Tata will even launch the HBX micro SUV this 12 months, the AMT model of which has been noticed present process testing just lately.