Fidelity bank banner Bayelsa State banner
Tata Motors Managing Director dies after falling from hotel balcony

By News Express on 27/01/2014

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 2,496

Tragedy struck weekend at one of the world’s major auto makers, Tata Motors, following the sudden death of the Managing Director, Mr. Karl Slym, after falling from the 22nd floor of the five-star Shangri-La Hotel in Bangkok, Thailand.

Mr. Slym, a British-born expert, was hired in October 2012 to turn around the ailing fortunes of the Indian carmaker. The 51-year-old died late Saturday night after the fall attributed to loss of balance. He was staying in the city while attending a directors’ board meeting for Tata Motors’ Thai arm. A Tata spokesman said police are due to conduct a post-mortem today.

Cyrus Mistry, chairman of Tata Motors, said in a statement: “Tata Motors deeply regrets to announce the untimely and tragic demise of its Managing Director, Karl Slym, in Bangkok earlier today. Karl Slym was in Bangkok to attend a meeting of the Board of Directors of Tata Motors Thailand Ltd.

“Karl Slym joined Tata Motors in October 2012, and was providing leadership to the company through a challenging market environment. The company shares in the grief of Karl Slym’s wife and family at their irreparable loss.”

According to a report this morning in Daily Telegraph UK, “Before joining Tata Motors, Mr. Slym had worked for General Motors for 17 years, serving as the president of the company’s Indian operation between 2007-2011 and as executive vice president of SGWM Motors, a GM joint venture company, in China in 2011-2012.

“In December 2012, Tata Motors reported a 28pc drop in sales despite a passenger vehicle industry growth of 8.37pc. The company’s market share also fell from 14.16pc to 12.66pc over the year.

“Mr. Slym had pledged to earmark Rs15,000 crore (£1.4bn) over the next three years to revive the company after identifying key problem areas in January 2013.”

•Photo of late Tata Motirs MD Karl Slym courtesy Daily Telegraph UK.

Source News Express

Posted 27/01/2014 3:56:30 PM


Share on facebook Yahoo mail icon Gmail icon Share on Google+



REVEALED: 3 natural ways to get stronger erections, last 25 minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...


You may also like...
Why peace deal with armed bandits in Zamfara...

Crisis looms in Kogi ahead of Jan 27...

Bayelsa Govt. frowns at beheading of soldier •Charges...

Harvest of death as Boko Haram lays siege...

Air Force, Army take regrouping Boko Haram fighters...

CBN injects $210m into FOREX Market

Delta PDP blasts Olorogun O’tega for faulting Okowa’s...

Traffickers use Deputy Governor’s name to lure victims...

Aregbesola at Kumuyi’s crusade, calls for spiritual intervention...

Court bars Metuh from seeking further adjournments

PDP rejects Edo governorship election results, police bans...

Committee on Army University submits report


Latest News BREAKING NEWS: DSS arrests Senator Abaribe over Nnamdi Kanu APC Chairmanship: Oshiomhole clears final hurdle as last challenger throws in the towel IGP resigns over bloody protests 2018 Budget: How allocation to Enugu Airport was cut – Ekweremadu Law school clears Hijab wearing lawyer We are poised for revolution — Agbakoba’s NIM, ANN Bring information on Boko Haram bomb factory, get N5m reward — Army 2018 Budget: Buhari’s supporter calls on Shekau to bomb National Assembly National Convention: Okorocha should accept his fate or APC – Uwajumogu N14.1m Fraud: Court dismisses Ex-Perm Sec Clement Onubuogo’s no-case submission Flooding: Oyo Govt. to dredge 64 rivers in Ibadan Jonathan’s kinsmen back Bayelsa public service reforms; demand prosecution of job racketeers, others


Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (352,452 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (351,903 views) Shameless Genevieve Nnaji exposes breasts in public (280,393 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (230,243 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (209,157 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (208,890 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (181,918 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (164,018 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (153,977 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (148,716 views) Lagos plane crash: Journalist releases victims’ names (143,921 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (135,729 views)


Categories Advertorials (3) African Press Organisation (81) Art & Literature (50) Business & Economy (3,262) Business Verdict (44) Columnists (871) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (505) Features (607) Global Business Monitor (283) International (2,046) Interview (155) Live Commentary (28) Love Matters (124) News (36,399) Opinion (1,005) Pidgin (10) Politics (5,302) Religion (771) Sports (1,555) Stock Watch (30) AMA & Al Jazeera Global Update


CBN banner

Firstmobile banner




Argentina vs Croatia Goals


APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera