Suzuki Motor Corporation is a Japanese multinational corporation. The worldwide sales volume of automobiles is the world’s tenth largest, while domestic sales volume is the third largest in the country.
In 1909, Michio Suzuki (1887–1982) founded the Suzuki Loom Works in the small seacoast village of Hamamatsu, Japan. Business boomed as Suzuki built weaving looms for Japan’s giant silk industry. In 1929, Michio Suzuki invented a new type of weaving machine, which was exported overseas. The company’s first 30 years focused on the development and production of these machines.
The company was founded by Michio Suzuki; its current Chairman is Osamu Suzuki, the fourth adopted son-in-law in a row to run the company.
• The first project to build a small Suzuki car was in 1937, with the first motorbike and first series car coming in 1952 and 1955 respectively.
• Suzuki’s first passenger car was manufactured in 1955 and was called the 360 cc Suzulight
• Suzuki manufactures sharp and modest automobiles and today produces more cars than other popular car brands like Mercedes and BMW.
• With its roots in the looms business, Suzuki today employees more than 15, 000 people and people from 170 countries in the world have access to this trusted car brand.
• Osamu Suzuki has been at the helm of the company for the past 30 years, that’s about 20 years after he actually joined. The company was founded by his wife’s grandfather.
• The famed and inherently familiar Hayabusa is one of the world’s fastest two-wheelers and is known to ride at a maximum speed of 300 km/h or 186 mph.
• With their business partnership beginning in 1981, General Motors remains Suzuki’s biggest shareholder with a 3% stake at the moment with the original share in the company being 20% before Suzuki bought it in 2006 from General Motors.
• Suzuki came into the Indian automobile quite early into the scene in the 1980s and now Maruti Suzuki India Ltd unit is Suzuki’s biggest market outside Japan, selling cars to half the Indian nation.
• Suzuki Motor Corp is a part of the coveted list of ten of the globe’s biggest car manufacturers.
• SUZUKI IN SPACE
As part of the Lunar XPRIZE, Suzuki has partnered with Hukato and entered the competition. Lunar XPRIZE involves encouraging engineers and entrepreneurs to get into space. In order to win, the Suzuki team need to land a spacecraft on the moon and take a high-resolution video and images across at least 500m of the moon’s surface.
• INDIA IS SUZUKI’S BIGGEST MARKET OUTSIDE JAPAN
In the 1980s, Suzuki recognized India as a big market for cars, so they set out to make their mark. Maruti Suzuki India Limited was established in 1981, with the Maruti 800 being the first car to be produced. Today, India is Suzuki’s biggest market outside Japan, selling cars to half of the nation.