Osamu Suzuki, who led Suzuki Motor Corp for several decades, passed away at 94. In accordance to a company statement, as reported by Bloomberg, he died from lymphoma.
He has been overseeing Suzuki’s global expansion and made the company renowned for its minicars and motorcycles.
Born Osamu Matsuda, Suzuki married into the family that founded the Hamamatsu, Japan-based automaker. Throughout his long tenure, he forged partnerships with General Motors and Volkswagen AG to introduce vehicles in North America and Europe. While leveraging Suzuki Motor’s expertise in small cars, he secured a dominant market share in India.
Maruti Suzuki India began its journey in 1981, marking a new chapter in India’s automotive story. The following year, 1982, witnessed the strengthening of this relationship through a significant joint venture agreement between the Government of India and the reputed Suzuki Motor Corporation (SMC) of Japan. This collaboration set the stage for a series of achievements and milestones for the Company.
The foundation stone of Maruti Udyog Limited was laid in 1981, a vision primarily driven by the Government of India. 1982 saw the key joint venture between the Government of India and Suzuki Motor Corporation, Japan. The iconic M800 was introduced in 1983, followed by Omni and Gypsy.
Nearly two decades later, by 2002, Maruti Suzuki India Ltd. transitioned to become a subsidiary of SMC. This alliance highlights the company’s important role in the automotive sector, not just within India but on a global scale.
Reflecting prominence, the company today stands proud as the largest subsidiary of SMC in terms of both production volume and sales. Consolidating its position, SMC currently possesses a substantial 56.48% equity stake in Maruti Suzuki.
Maruti Suzuki’s footprint in the ‘Stock Market’ is also noteworthy. As a public limited company, its shares have found their place on prominent platforms such as the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), showcasing the financial community’s trust and the general public’s faith in the brand.
Driving on the roads of India, it’s hard to miss the presence of Maruti Suzuki. The Company is not only the market leader in Passenger Vehicles within the nation but has also earned the accolade of being India’s largest exporter of Passenger Vehicles. Achieving remarkable turnover, Maruti Suzuki is in the elite league of a few manufacturing companies in India.
The excellence of Maruti Suzuki is not just confined to producing quality vehicles; it extends to post-purchase services as well. The Company has established an extensive network across India dedicated to vehicle servicing and repairs.
Catering to the changing needs of the modern consumer, services are offered through traditional brick-and-mortar workshops and innovative mobile support units, ensuring that quality service reaches the doorstep of every customer.
Emergencies are unpredictable, and understanding this, Maruti Suzuki has a dedicated quick response team in place. This team, equipped with 781 vehicles, ensures that the emergency on-road assistance is just a call away for customers across 2,304 cities in India.
Furthermore, the company has 348 mobile workshops, ensuring that no matter where you are, Maruti Suzuki’s service will find you. With an impressive 4,564 touchpoints nationwide, the brand shows its deep commitment to ensuring that every customer experiences seamless service, reflecting the company’s values of quality and care.
Educationist/Administrator/Editor/Author/Speaker
Commencing teaching in his early twenties, Prof Aggarwal has diverse experience of great tenure in the top institutions not only as an educationist, administrator, editor, author but also promoting youth and its achievements through the nicest possible content framing. A revolutionary to the core, he is also keen to address the society around him for its betterment and growth on positive notes while imbibing the true team spirit the work force along with.
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