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The Suzuki Motor Corporation owns 54.2% of Maruti Suzuki and the rest is owned by various Indian public and financial institutions. The company was incorporated in 1981 and is listed on the Bombay Stock Exchange and National Stock Exchange of India. [202]
Daewoo (GM owns 44%) Fiat (GM has decided to divorce itself from Fiat as of Feb '05, but will retain 10% ownership.) GMC; Holden (brand discontinued in 2020) Hummer (brand discontinued in 2010, reintroduced as a GMC model in 2021 and 2023) Oldsmobile (brand discontinued in 2004) Pontiac (brand discontinued in 2010) SAAB Automobile (brand ...
Initially, Maruti was majority owned by the Indian government, with Suzuki only taking a 26% stake during its establishment in 1982. The Indian government gradually reduced its stake, partially departed the business in 2003 by making it a public company and then sold all of its remaining shares to Suzuki Motor Corporation in 2007. [2] [12] [13]
In January 1954, the company changed its name to Suzuki Motor Co., Ltd. A year later, the first Suzuki automobile, Suzulight, went on sale. In 1965, the company marketed their first Suzuki outboard motor, D55. [5] When the second outboard motor, DT5, was produced in 1977, the corporation marketed it in the U.S. under the new brand Suzuki Marine.
Osamu Suzuki, an ingenious penny pincher who led Japan’s Suzuki Motor for more than four decades and played a key role in turning India into a flourishing auto market, has died aged 94.
Osamu Suzuki, the charismatic former boss of Suzuki Motor Corp. who helped turn the Japanese mini-vehicle maker into a globally competitive company, has died, the company said Friday. Suzuki was ...
Volkswagen AG completed the purchase of 19.9% of Suzuki Motor Corporation's issued shares on 15 January 2010. [44] [45] Suzuki invested part of the amount received from Volkswagen into 1.49% percent of Volkswagen. [46] In 2011, Suzuki filed a lawsuit at an arbitration court in London requesting that Volkswagen return the 19.9% stake. [47]
TOKYO (AP) — Osamu Suzuki, the charismatic former boss of Suzuki Motor Corp. who helped turn the Japanese mini-vehicle maker into a globally competitive company, has died, the company said Friday. He was 94. Suzuki was known for his candid remarks and friendliness, calling himself an “old guy from a small to mid-size company.”