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.
Bu hikaye Financial Express Delhi dergisinin December 28, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Financial Express Delhi dergisinin December 28, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
RG Kar case 'not rarest of rare'; life term for convict
A court in Kolkata's Sealdah on Monday sentenced Sanjoy Roy to life imprisonment \"until his last breath\" for the rape and murder of a junior doctor at the state-run RG Kar College and Hospital.
Infy: Improvement in discretionary demand
● Expects strong revenue growth of 5-7.9% in FY26
Sensex adds 454 pts, Nifty ends near 23,350; banks, metals, financials lead
BENCHMARK SENSEX SPURTED by 454 points and Nifty closed above 23,300 on Monday following gains in banking, financial and power stocks amid firm global trends.
Trump 2.0
India has to play its strategic cards well as campaign rhetoric often differs from governing realities
Q-comm boom leaves brands in queues
This has made their evaluation and onboarding processes more stringent.
Central Bank of India profit jumps 33%
CENTRAL BANK OF India on Monday reported a 33% year-on-year rise in its net profit to ₹959 crore for the quarter ended December.
Bachchan's ₹83-crore deal: Mumbai property market sizzles again
Stars Heating Up City Realty
Nazara raises ₹495 cr from existing investors
GAMING AND ESPORTS company Nazara Technologies raised ₹495 crore through a preferential share issue to Axana Estates.
Govt allows 1 MT of sugar exports after gap of a year
● Traders welcome move; sugar firms' share prices rise
Kotak Bank to Maintain Its Margins
Aided by a rate-cut cycle & led by growth in high-yielding assets