B V R Subbu resigns from Hyundai!

finneyp · 24th March 2006, 16:31

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!!!

kb100 · 24th March 2006, 16:35

HOLY COW!!... That cant be good!!

finneyp · 24th March 2006, 17:29

Fiat India needs him very badly!

GTO · 24th March 2006, 18:02

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

GTO

.anshuman · 24th March 2006, 18:20

hope they find a better man for the job,subbu was hugely responsible for the hyundai's success in india.

Sideways · 24th March 2006, 18:23

Hmm interesting development. Waiting to see where he's gonna move.

goldie_malhotra · 24th March 2006, 19:41

Quote:

Originally Posted by Sideways

Hmm interesting development. Waiting to see where he's gonna move.

perhaps next door to ford ...

Mpower · 24th March 2006, 19:59

Or Maybe back to TATA where he originally came from. V Sumantran still has not been replaced.

Steeroid · 25th March 2006, 09:18

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.

caroholic1 · 25th March 2006, 14:35

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?

normally_crazy · 25th March 2006, 14:55

This is giong to hit Hyundai hard - real hard !

Lets wait n watch where he goes next !

hawkeye · 25th March 2006, 23:11

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.

hellraiser0906 · 26th March 2006, 23:35

damn this is badd for hyundai. he did one helluva job for them.

devarshi84 · 27th March 2006, 00:16

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.

highwayblaze · 27th March 2006, 03:47

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?

24th March 2006, 16:31	#1
finneyp Senior - BHPian Join Date: Dec 2005 Location: Bangalore Posts: 2,716 Thanked: 319 Times View My Garage	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!!!
	() Thanks

24th March 2006, 16:35	#2
kb100 Senior - BHPian Join Date: Feb 2006 Location: Bangy Boy! Posts: 1,555 Thanked: 21 Times	HOLY COW!!... That cant be good!!
	() Thanks

24th March 2006, 17:29	#3
finneyp Senior - BHPian Join Date: Dec 2005 Location: Bangalore Posts: 2,716 Thanked: 319 Times View My Garage	Fiat India needs him very badly!
	() Thanks

24th March 2006, 18:20	#5
.anshuman Distinguished - BHPian Join Date: Dec 2004 Location: Good-Gaon Posts: 7,763 Thanked: 11,064 Times View My Garage	hope they find a better man for the job,subbu was hugely responsible for the hyundai's success in india.
	() Thanks

24th March 2006, 18:23	#6
Sideways BHPian Join Date: Nov 2004 Location: Madras - India Posts: 641 Thanked: 31 Times View My Garage	Hmm interesting development. Waiting to see where he's gonna move.
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24th March 2006, 19:59	#8
Mpower Senior - BHPian Join Date: Mar 2005 Location: Bangalore Posts: 10,409 Thanked: 1,729 Times View My Garage	Or Maybe back to TATA where he originally came from. V Sumantran still has not been replaced.
	() Thanks

25th March 2006, 09:18	#9
Steeroid Senior - BHPian Join Date: Mar 2005 Location: N.A Posts: 7,046 Thanked: 2,751 Times	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.
	() Thanks

25th March 2006, 14:55	#11
normally_crazy Senior - BHPian Join Date: Feb 2004 Location: Mumbai Posts: 4,369 Thanked: 528 Times View My Garage	This is giong to hit Hyundai hard - real hard ! Lets wait n watch where he goes next !
	() Thanks

25th March 2006, 23:11	#12
hawkeye BHPian Join Date: Sep 2004 Location: Mumbai Posts: 190 Thanked: 12 Times View My Garage	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.
	() Thanks

26th March 2006, 23:35	#13
hellraiser0906 BHPian Join Date: Feb 2006 Location: Mumbai Posts: 43 Thanked: 0 Times	damn this is badd for hyundai. he did one helluva job for them.
	() Thanks

27th March 2006, 00:16	#14
devarshi84 Senior - BHPian Join Date: Jun 2005 Location: Ahmedabad - Tor Posts: 4,024 Thanked: 211 Times View My Garage	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.
	() Thanks

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