Tata Motors says Marc Llistosella won't be joining as next CEO

Tata Motors on Friday said that Marc Llistosella won't be joining as its next CEO and Managing Director as previously announced on February 12. Llistosella, who was previously Head of Daimler Trucks in Asia, was to take charge of Tata Motors from July 1. Guenter Butschek will continue as the CEO and MD till June 30, the company said.