New Delhi3 days ago
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Osamu Suzuki was born on January 30, 1930 in Gero, Japan. He was a banker by profession. Married a daughter of the Suzuki family and took his wife’s surname.
Osamu Suzuki, former chairman of Suzuki Motor Corporation, has died at the age of 94. He was suffering from a disease called Lymphoma. Osamu was born on January 30, 1930 in Gero, Japan.
Osamu, a banker by profession, married Shoko Suzuki, daughter of the Suzuki family, in 1958 and took her (wife’s) surname. In the same year he also joined Suzuki.
The credit for Suzuki’s expansion across the world is given to Osamu. It was due to his efforts that Suzuki’s small cars and motorcycles got a distinct identity across the world. Osamu remained associated with the company for several decades. He became the chairman of the company twice. He is the person who has held this post for the longest time.
Under his guidance, Suzuki Motor entered into strategic partnerships with General Motors and Volkswagen. Entering the Indian market in the 1980s is considered their boldest move.
In 1982, Maruti formed a joint venture with the Government of India.
In 1982, Suzuki formed a joint venture with the Government of India, creating Maruti Udyog. This partnership introduced a small car named Maruti 800. As soon as it was launched, this model became a hit in the Indian market and gave Suzuki a strong place.
At an ex-showroom price of Rs 47,500, the company had enabled a large section of the country to buy the car. Maruti Suzuki has sold about 3 crore vehicles in the country in the last 40 years. Maruti Suzuki has been India’s largest car manufacturer for the last several years.
Name linked to fuel-economy testing scandal, had to resign
Suzuki’s tenure was full of challenges. He faced a fuel-economy testing scandal in Japan. Due to this case, he had to resign from the post of CEO of the company in 2016. Even after retirement, Suzuki used his experience in the company and played the role of advisor.
Suzuki sells the most vehicles in the Indian automobile market.
In the current financial year i.e. between April and November, 1.8 crore vehicles were sold across the country. There was an increase of 11% on an annual basis. The total sales of vehicles in the country in November 2024 were more than 32 lakh. There has been a growth of 11.21% as compared to November last year. Whereas, in the passenger vehicle segment, Maruti Suzuki topped with 39.92% share by selling 1,28,521 cars. The company in the last financial year
In the last financial year, Maruti sold the highest number of vehicles in the country.
A total of 2 crore 45 lakh 30 thousand 334 vehicles were sold across the country in the financial year 2024. This is 10.29% more than the previous financial year (2022-23). 2 crore 22 lakh 41 thousand 361 vehicles were sold in FY23.
Maruti Suzuki has sold the maximum 16 lakh 5 thousand 264 vehicles. In the last financial year 2023, the company had sold 14 lakh 90 thousand 202 vehicles. Hyundai Motor is at second place in this list with sales of 5 lakh 61 thousand 371 vehicles. In the last financial year, Hyundai had sold 5 lakh 27 thousand 481 vehicles.
