Cross-Channel Job Hunt: Fired by Renault, Former Boss Lands at Jaguar Land Rover

Steph Willems
by Steph Willems

An Indian-owned British automaker is about to land a French boss.

On Tuesday, Jaguar Land Rover parent Tata Motors announced the hiring of Thierry Bolloré, former CEO of Groupe Renault, as the automaker’s new CEO, replacing the retiring Sir Ralf Speth. The new boss arrives on September 10th.

Bolloré was ousted from his perch at Renault last October as the automaker sought to clean its upper ranks of Carlos Ghosn disciples. The executive’s firing came three days after he reportedly called for an independent audit of alliance partner Nissan’s internal probe into the fallen alliance boss.

“An established global business leader with a proven track record of implementing complex transformations, Thierry will bring a wealth of experience to one of the most revered positions in the industry,” said Natarajan Chandrasekaran, chairman of Tata Motors, in a statement.

Jaguar Land Rover’s outgoing CEO won’t depart the company entirely. Rather, Speth will assume the role of non-executive vice-chairman of Jaguar Land Rover. His knowledge might prove useful as Bolloré grabs the tiller in seas made choppy by market forces beyond any one CEO’s control.

“Jaguar Land Rover is known around the world for its peerless brand heritage, exquisite design and deep engineering integrity. It will be my privilege to lead this fantastic company through what continues to be the most testing time of our generation,” Bolloré stated.

Testing is right. Even before the pandemic sunk revenues and boosted expenses worldwide, JLR was struggling to respond to the sudden market shift not just away from traditional passenger cars, but away from diesel propulsion — which formed the backbone of the company’s European fleet.

SUVs and electrification are what the company needs to succeed in that rapidly changing market, as well as in places like China, and Speth helped guide the automaker in that direction.

[Images: Lutsenko_Oleksandr/Shutterstock, Jaguar Land Rover]

Steph Willems
Steph Willems

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  • SuperCarEnthusiast SuperCarEnthusiast on Jul 28, 2020

    Former CEO of Groupe Renault, gets a new start at JLR as CEO! That how the CEO merry a go round works! I hope he does a great job, coming from a Range Rover Sports owner!

  • Ajla I'm going to whine about it. It should have a V8 available. Preferably a new one but at least offering the old one as a mid-level option. That this brand new engine outperforms something introduced 2003 and last updated in 2009 doesn't impress me. Also, journalists seem to be unaware that it is possible to add forced induction to a V8.
  • Calrson Fan I'll say it again, terrible business model doomed to fail. If your gonna build an EV PU the only market that makes sense to go after is fleets. How many other BEV companies are making money pushing only truck type vehicles?
  • Kcflyer Well it's a better waste of my money than the 1.5 billion sleepy joe's handlers gave away this week to pay for gender studies tuition.
  • Dukeisduke SK Siltron - they make blank wafers, so this isn't really a semiconductor factory (wafer fab). Siltron just polishes wafers sliced from silicon carbide ingots. Sometimes these plants are located close to fabs, sometimes they're halfway around the world from the fabs.Wafer fabs take those wafers and run processes on them (photolithography, etch, deposition, etc.) to produce finished wafers. Those finished wafers go to an assembly/test (A/T) site, where they go through probe and other testing, they're cut up into individual chips and inserted into packages with lead frames. After testing on the finished chips, then they're ready to sell.
  • Argistat If China invades Taiwan (becoming even more likely thanks to DT's isolationist rants) , then the US is completely screwed. If someone tried to list all the manufactured items and manufacturing equipment that contain semiconductor chips, the list would be so long you'd never complete it. Finally a real effort to help bring this into the US.
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