Earlier today, GM announced that Mr Karl Slym will be replaced by Mr Lowell Paddock as the MD and President of GM India. Mr Slym will move to China and handle Chinese operations of GM. In China Mr Slym will be handling the post of Executive VP, Wuling Motors and SAIC (Shanghai Automotive Industry Corporation). GM, SAIC and Wuling Motors have formed a JV to manufacture cars in China.
Mr Tim Lee, President, GM International Operations (GMIO) said, “We are pleased to have someone with Lowell’s vast experience heading our rapidly expanding operations and the growth of the Chevrolet brand in one of the world’s most important vehicle markets. His background provides a perfect fit with what we aim to accomplish in India.”
Mr Paddock will take control of GM India w.e.f. 1st January 2012. He will oversee GM India operations along with their manufacturing units in Talegaon, Maharashtra and Halol, Gujarat. Mr Paddock has been with GM since 1992 and has handled different positions in GM since then.
Since 2009 Mr Paddock has handled the post of Program Management & Planning, VP, GMIO. Mr Lee added, “We thank Karl for his important contribution in India in improving market share, launching successful products like Cruze and Beat, commissioning the new car manufacturing and engine plants and expanding the dealer and supplier footprints, said Tim Lee. Karl has played a key role in the growth of GM’s business and helped the company emerge as the 5th largest automobile manufacturer in India during his tenure. He has put GM in a strong position for continued success in a market that we have made a global priority.”