Osamu Suzuki, who led Japanese automaker into India, dies
Financial Express Mumbai|December 28, 2024
OSAMU SUZUKI, an ingenious pennypincher 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.
CHANG-RAN KIM
Osamu Suzuki, who led Japanese automaker into India, dies

He died on Christmas Day of lymphoma, said the company, which he steered ambitiously, during his time as either chief executive or chairman, out of its primary market of minivehicles.

The inexpensive, boxy, 660-cc cars specific to Japan benefited from generous tax breaks, but demanded a stringent reining-in of costs that proved to be a key part of the automaker's DNA.

Even so, Suzuki's thriftiness was legendary: he would order factory ceilings lowered to save on air-conditioning and fly economy class on airplanes even at an advanced age.

"Forever," or "until the day I die," were signature humorous responses with which he parried queries about how long he would stay at the company, on which he retained a tight grip into his 70s and 80s.

Born Osamu Matsuda, Suzuki took his wife's family name through adoption in a practice common among Japanese families lacking a male heir.

The former banker joined the company founded by her grandfather in 1958 and worked upwards through the ranks to become president two decades later.

この記事は Financial Express Mumbai の December 28, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Mumbai の December 28, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

FINANCIAL EXPRESS MUMBAIのその他の記事すべて表示
Financial Express Mumbai

Smart Cities Mission: School enrolment up 22%

STEPS TAKEN UNDER the Smart Cities Mission have led to a 22% increase in school enrolment in 19 cities and improved real-time tracking of criminal activities, according to two studies by the Indian Institute of Management, Bangalore.

time-read
1 min  |
December 28, 2024
South steals the spotlight
Financial Express Mumbai

South steals the spotlight

Hits from Hindi film industry in post-Covid era have been fewer and far between

time-read
3 分  |
December 28, 2024
Does India want BGT win or Rohit back in form?
Financial Express Mumbai

Does India want BGT win or Rohit back in form?

In case openers KL Rahul or Yashasvi Jaiswal had been struggling, Rohit's elevation would have made sense. But with his form, the change of batting order wasn't really warranted

time-read
2 分  |
December 28, 2024
Financial Express Mumbai

Oil rises 1%, heads for weekly gain

OIL ROSE ABOUT 1% on Friday and was set for a weekly gain in low trading volume ahead of year-end, backed by expectations of lower US crude stockpiles and hopes of a stimulus-driven economic recovery in China.

time-read
1 min  |
December 28, 2024
IIFL Home Finance expects 15% AUM growth in FY25
Financial Express Mumbai

IIFL Home Finance expects 15% AUM growth in FY25

● Looking at stock market listing, but no timeline yet

time-read
2 分  |
December 28, 2024
Financial Express Mumbai

Squid Game stocks tank

A LESS-THAN-PERFECT debut for the new season of Netflix's blockbuster series

time-read
1 min  |
December 28, 2024
Richard Parsons, who rescued Time Warner, Citigroup, dies
Financial Express Mumbai

Richard Parsons, who rescued Time Warner, Citigroup, dies

RICHARD PARSONS, THE executive dubbed \"Captain Emergency\" for his record of stabilizing ailing companies such as AOL Time Warner, Citigroup and Dime Savings Bank of New York, has died. He was 76.

time-read
2 分  |
December 28, 2024
Financial Express Mumbai

Russia warns Trump against resumption of nuclear testing

RUSSIA'S POINT MAN for arms control cautioned Donald Trump's incoming administration on Friday against resuming nuclear testing, saying Moscow would keep its own options open amid what he said was Washington's \"extremely hostile\" stance.

time-read
1 min  |
December 28, 2024
Nissan Shares Decline Most Since August
Financial Express Mumbai

Nissan Shares Decline Most Since August

NISSAN MOTOR'S SHARES declined the most since August's market rout, amid volatility as investor focus shifts to the terms of the carmaker's planned deal with Honda Motors.

time-read
1 min  |
December 28, 2024
US Airline Stocks Beat Market
Financial Express Mumbai

US Airline Stocks Beat Market

A RECORD YEAR FOR travel in the US is pushing airline stocks to a soaring annual outperformance, and the prospect of sustained earnings power points to a bullish outlook for 2025.

time-read
1 min  |
December 28, 2024