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Old 24th March 2006, 16:31   #1
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Exclamation B V R Subbu resigns from Hyundai!

http://in.rediff.com/money/2006/mar/24hyund.htm
B V R Subbu, the president of car major Hyundai Motors India Ltd, has resigned from the company.
"Subbu has put in his papers," sources in the company confirmed. Details, however, are awaited.
He has been associated with the company for long and has been instrumental in making Hyundai, India's second-biggest carmaker.
Currently, H S Lheem is the managing director of the company. He had taken over in January this year.


Wish he joins Fiat India!!!
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Old 24th March 2006, 16:35   #2
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HOLY COW!!... That cant be good!!
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Old 24th March 2006, 17:29   #3
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Fiat India needs him very badly!
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Old 24th March 2006, 18:02   #4
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OUCH! Subbu was a marketing genius and was largely responsible for the Santros mass success, and Hyundais expansion.

Quote:
Hyundai views BVR Subbu's stepping down from office as an irreparable loss," the statement read from here
You betcha

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Old 24th March 2006, 18:20   #5
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hope they find a better man for the job,subbu was hugely responsible for the hyundai's success in india.
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Old 24th March 2006, 18:23   #6
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Hmm interesting development. Waiting to see where he's gonna move.
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Old 24th March 2006, 19:41   #7
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Quote:
Originally Posted by Sideways
Hmm interesting development. Waiting to see where he's gonna move.
perhaps next door to ford ...
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Old 24th March 2006, 19:59   #8
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Or Maybe back to TATA where he originally came from. V Sumantran still has not been replaced.
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Old 25th March 2006, 09:18   #9
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Hmmm a new head honcho (MD in this case) will always try to bring his own team to the company causing a lot of heartburn and employee turnover. However, I hope this was not the case with Mr.Subbu - if it was, Hyundai will regret it for a LONG LONG time.
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Old 25th March 2006, 14:35   #10
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Quote:
Originally Posted by Mpower
Or Maybe back to TATA where he originally came from. V Sumantran still has not been replaced.
What Subbu was working with TATA earlier?
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Old 25th March 2006, 14:55   #11
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This is giong to hit Hyundai hard - real hard !

Lets wait n watch where he goes next !
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Old 25th March 2006, 23:11   #12
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I saw his interview on some news channel, don't remember exactly but was NDTV. He mentioned there that he wished he would join an Indian car maker, stating that a lot can be done working with an Indian manufacturer. Tata will make fortunes if he joins them again. And yes he worked for 18 years with Tata.
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Old 26th March 2006, 23:35   #13
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damn this is badd for hyundai. he did one helluva job for them.
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Old 27th March 2006, 00:16   #14
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Most of the companies in India has succeeded when they have had Indians heading the companies in India.

Look at ford for eg.

I hope hyundai doesnt turn back and get a guy from their home country to head hyundai in India.

doesnt spell a certain disaster but an Indian president is always able to study the market better.

my two cents.
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Old 27th March 2006, 03:47   #15
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Quote:
Originally Posted by Mpower
Or Maybe back to TATA where he originally came from. V Sumantran still has not been replaced.
V Sumantran left TATA?? Where' d he move to?
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