POSITION:RH365-rh365 casino-rh365 games > rh365 games > lolliplay Osamu Suzuki, longtime chair of Japan’s Suzuki, dies aged 94

lolliplay Osamu Suzuki, longtime chair of Japan’s Suzuki, dies aged 94

Updated:2024-12-29 01:46 Views:184

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FILE – Suzuki Motor Corp. President and Chairman Osama Suzuki, right, and Vice President Osamu Honda pose with a Suzuki X-Lander hybrid concept car on display at a media preview for the Tokyo Motor Show in Tokyo, Nov. 20, 2013. (AP Photo/Shuji Kajiyama, File)

Osamu Suzuki, who grew small-car specialist Suzuki Motor into an international brand with huge successes in India, died Wednesday at age 94 after bouts with cancer, the company said Friday.

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Under the charismatic businessman’s four-decade leadership through 2021, the firm’s sales grew more than 10-fold.

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Born on January 30, 1930, in the central Japanese region of Gifu, he married into the firm’s founding family and later became its president in 1978.

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Calling himself an “old man at a small business,” he focused on building light-weight “kei” vehicles, many of which became big hits for their fuel efficiency and easy-to-handle quality.

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He also actively sought international partners and opportunities overseas to expand his business.

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

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He expanded in India, where the company’s subsidiary now occupies the top market position.

When he retired as the firm’s chairman in 2021, the company’s sales stood at 3.18 trillion yen ($20 billion).

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When he took over the company in 1978, the firm’s sales stood at 323 billion yen, according to the Nikkei Shimbun business daily.

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