Karl Slym, the Managing Director of Tata Motors yesterday accidentally fell off a hotel balcony and passed away in Bangkong, Thailand, when the official was attending a meeting of the Board of Directors of Tata Motors Thailand.
Vikram Kirloskar, President of the Society of Indian Automobile Manufacturers (SIAM) said: “The death of Karl Slym came as a huge shock to the automotive industry and to those who knew him well. In fact, Slym was a staunch supporter of SIAM”.
Slym, started his career with the Japanese car maker Toyota and moved to General Motors, where he had a long stint of 17 years in different locations including India. An allumnus of Standford Unversity and a Sloan Fellow, Karl joined Tata Motors in 2012. Ever since, he was working hard on improving the growth of the company, especially its passenger car image. Karl was also working on improving the image of Tata Nano car, dubbed as cheap car and the result was the launch of Tata Nano Twist, with aesthetic look and class fuel efficiency. The management of Tata Motors had also expressed its shock of Karl’s untimely demise. In a statement, Cyrus Misstry, Chairman of the Tata group said that he was deeply saddened about the untimely and tragic demise of Karl Slym. “He joined us back in October 2012. Karl was a valued colleague who showed strong leadership qualities at a time when the auto industry was undergoing a tough phase”, he added. Meanwhile, the apex body, Automotive Componnent Manufacturers Association of India (ACMA) has also expressed its shock and dimay over the death of Karl Slym.
Harish Lakshman, President, ACMA said:”We have lost a well-wisher in Karl Slyme at a time when Tata Motors and the auto industry needed his repertoire of experience, expertise, leadership and guidance”.