News > Tata Motors’ CV revival plans may hit a wall

Tata Motors’ CV revival plans may hit a wall

Tata Motors’ unexpected announcement on Friday that Marc Llistosella will not be joining as the CEO of the company, contrary to the company’s previous announcement, could push back the company’s revival plans, especially in the commercial vehicle segment. He was expected to help the company focus on getting its commercial vehicle business back on the growth path.

However, having managed without an MD for several years at a stretch, analysts reckon that this delay and the uncertainties surrounding it will not impact the company’s revival plan for CVs in the long terms.