Tuesday, August 16, 2022
Home Business Suzuki Chairman To Step Down After Leading Firm For 40 Years

Suzuki Chairman To Step Down After Leading Firm For 40 Years

- Advertisement -

Tokyo: Suzuki’s chairman Osamu Suzuki will retire after more than four decades at the helm of the Japanese carmaker, the company said Wednesday.

The 91-year-old, who married into the firm’s founding family, will leave the post after a shareholder meeting in June and become an adviser, it said.

After he became company president in 1978, Suzuki expanded the automaker’s business in India, where it has had enormous success, and steadily increased its share in Japan’s small car market.

He became chairman in 2000 and his eldest son, Toshihiro Suzuki, assumed the role of president in 2015.

The carmaker, which had once tied up with General Motors and Volkswagen, forged a capital alliance with Toyota in 2019.

No one will replace him for now, while Toshihiro Suzuki will remain president.

- Advertisement -
- Advertisement -
Stay Connected
16,985FansLike
2,458FollowersFollow
61,453SubscribersSubscribe
Must Read

Billionaire Investor Rakesh Jhunjhunwala No More

Mumbai: India’s Warren Buffet and top stock market investor Rakesh Jhunjhunwala passed away at 62 here on Sunday morning. Not keeping well for the last...
- Advertisement -

Ross Taylor Was ‘Slapped On The Face 3-4 Times’

Mumbai: Former Black caps batter Ross Taylor has made a startling revelation in his autobiography that arrived at the stands earlier this week. Taylor recalled...

Author Salman Rushdie On Ventilator; Cops Identify Attacker

New Delhi: Renowned author Salman Rushdie was on ventilator support and in danger of losing an eye after he was stabbed at a literary...

Cattle Smuggling Case: CBI Arrests Anubrata Mondal In Dramatic Fashion

Kolkata: The Central Bureau of Investigation (CBI) arrested Trinamool Congress Birbhum district president Anubrata Mondal in connection with a cattle smuggling case from his...
Related News

Billionaire Investor Rakesh Jhunjhunwala No More

Mumbai: India’s Warren Buffet and top stock market investor Rakesh Jhunjhunwala passed away at 62 here on Sunday morning. Not keeping well for the last...

Ross Taylor Was ‘Slapped On The Face 3-4 Times’

Mumbai: Former Black caps batter Ross Taylor has made a startling revelation in his autobiography that arrived at the stands earlier this week. Taylor recalled...

Author Salman Rushdie On Ventilator; Cops Identify Attacker

New Delhi: Renowned author Salman Rushdie was on ventilator support and in danger of losing an eye after he was stabbed at a literary...

Cattle Smuggling Case: CBI Arrests Anubrata Mondal In Dramatic Fashion

Kolkata: The Central Bureau of Investigation (CBI) arrested Trinamool Congress Birbhum district president Anubrata Mondal in connection with a cattle smuggling case from his...

Asia Cup 2022: Jasprit Bumrah Ruled Out Due To Back Injury

Mumbai: Star pacer Jasprit Bumrah has been ruled out of the Asia Cup 2022 T20I meet set to start on August 27. The 15-member squad...
- Advertisement -

98 COMMENTS

  1. A person essentially help to make seriously articles I would state. This is the first time I frequented your website page and thus far? I surprised with the research you made to create this particular publish extraordinary. Fantastic job!

LEAVE A REPLY

Please enter your comment!
Please enter your name here