Osamu Suzuki, the man who led Suzuki Motor Corporation for over five decades and was the longest serving head of a global automaker for more than 28 years as president, passed away on 27 December 2024 due to lymphoma.

A former bank employee Osamu Matsuda took over his wife’s surname Suzuki after their marriage. He joined Suzuki Motor Corporation in 1958 and worked in several roles before assuming the role of President in 1978.

It was in 1982, when the Indian government was scouting for bringing automotive manufacturing in India, Suzuki Motor Corporation picked up 26 percent stake in Maruti Udyog. This set the stepping stone for where Maruti Suzuki India is today.

Among various achievements, he will be fondly remembered for his bet on entering the Indian automotive market, which now serves as one of the largest markets for Suzuki Motor Corp.

As per media reports, Toshihiro Suzuki, the eldest son of Osamu Suzuki issued a statement that said: “The funeral was held privately with close family members until the ashes were interred. We respectfully decline condolence ceremonies, perfumes, flowers, condolence telegrams, etc.”

A statement issued by Maruti Suzuki India said, "Maruti Suzuki is deeply saddened on the passing of Osamu Suzuki, Senior Advisor, Suzuki Motor Corporation and Director & Honorary Chairman, Maruti Suzuki India. O. Suzuki was a visionary leader whose remarkable contributions shaped the global automobile industry. In India, his foresight and leadership were instrumental in the formation of Maruti Udyog in 1981. With his vision O. Suzuki played the pivotal role in realising the dream of putting India on wheels by empowering millions of Indian families with affordable, reliable, efficient and good quality vehicles. Under his stewardship, Indian automobile industry adopted the Japanese manufacturing and work practices that are globally recognised for teamwork, productivity and cost effectiveness. O. Suzuki’s legacy will live on as an inspiration to all of us at Maruti Suzuki and the entire automotive community in India. His passion to bring smiles to people’s lives through mobility will forever be cherished. Our thoughts and prayers are with his family, friends, business partners and colleagues in this moment of distress."

R C Bhargava, Chairman, Maruti Suzuki India, said, “It is with the deepest personal sorrow that I have learnt of the passing of Osamu Suzuki San. Without his vision and foresight, his willingness to take a risk that no one else was willing to take, his deep and abiding love for India, and his immense capabilities as a teacher, I believe the Indian automobile industry could not have become the powerhouse that it has become. Millions of us in this country are living better lives because of Osamu San. He won and enjoyed the trust of several Prime Ministers. He had a very close understanding with the present Prime Minister, Narendra Modi. Osamu San’s contribution to the Indian economy, and for building bridges between India and Japan was acknowledged by the conferment of the Padma Bhushan on him.”

“He will be missed by his innumerable admirers and beneficiaries in the country. I have lost someone who was closer than a brother to me. He changed my life and showed how nationality is no barrier to people building unbreakable bonds of trust in each other. He was my teacher, mentor and a person who stood by me even in my darkest days. If I played a role in the success of Maruti, it was because I was his student and he had taught me how best to grow a company and make it competitive.”

“Osamu San came to Delhi at the end of July this year despite not being in good health. He came because he wanted to attend my 90th birthday. It was the most touching event in my life. Little did I know that this would be the last time I would see him. Osamu San will no longer be there to guide us. His legacy and teachings will never be forgotten and he will be remembered every time Maruti reaches another milestone as a part of the progress of India. May God give strength to his family to bear this irreparable loss,” added Bhargava.

Shradha Suri Marwah, President, ACMA & CMD, Subros, said, “It is with profound sorrow that we bid farewell to Osamu Suzuki, the legendary former Chairman of Suzuki Motor Corporation, whose visionary leadership and indomitable spirit transformed the global automotive industry. Over his remarkable career spanning several decades, he was instrumental in shaping Suzuki into one of the most trusted and admired automobile brands worldwide. His exceptional contributions to India through Maruti Suzuki not only revolutionised the Indian automotive landscape but also strengthened the bonds between India and Japan, fostering a partnership that set benchmarks for the global auto industry and the creation of a robust supply chain that empowered countless businesses. A trailblazer, mentor, and innovator, Suzuki's unwavering commitment to excellence, humility, and sustainability has left an indelible mark on all who had the privilege to know him. His legacy will continue to inspire generations in the automotive and business communities. We extend our heartfelt condolences to his family, friends, and the entire Suzuki Motor Corporation family during this time of grief.” 

Image: File photo: Flickr

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Renault Group UK has appointed Gary Pearson as Head of Sales for Renault and Dacia. The move strengthens the company’s commercial leadership at a time when both marques are gaining traction in the British market. Pearson brings over 25 years of industry experience, having worked for established global automakers as well as agile challenger brands.

His career began with a 16-year tenure at Audi, where he held senior roles in sales, marketing and network development. He later moved into global and start up environments, including positions at McLaren and INEOS Automotive. Most recently, Pearson held senior commercial posts at Andersen EV and Morgan Motor Company, focusing on growth, brand positioning and commercial performance. His work with retailer networks and international corporate operations has given him a broad perspective on the current automotive landscape.

A key early priority for Pearson will be collaborating with the sales operations team to build momentum and ensure strong internal alignment, supporting further growth for both brands. He joined Renault Group UK on 28 April and will be based at the company’s headquarters in Maple Cross.

Ben Fish, Sales & Network Operations Director, Renault Group UK, said, “Gary understands how to drive performance in complex environments, whether that’s within large OEM structures or newer, more agile businesses. That combination is particularly valuable as we continue to evolve our sales operations and strengthen how we support our retailers. His experience and approach make him a strong fit for the team, and I’m looking forward to seeing the impact he will have across Renault and Dacia’s portfolios.”

Pearson said, “The UK market is at a really interesting point, with rapid change in both customer expectations and the broader shift to electrification. Renault and Dacia are both well positioned, with clear identities and strong product line-ups across their car and LCV ranges that speak directly to those changes. I’m looking forward to working closely with the retailer network and the wider team to build on that momentum and ensure we continue to deliver for customers in a very competitive environment.”

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Japanese automotive luxury brand Lexus India has announced a standard 8-year/200,000 km warranty for all new vehicles sold from 1 April 2026.

This makes it the first luxury manufacturer in India to offer such extensive coverage. This enhancement significantly upgrades the brand's previous 8-year/160,000 km programme (introduced in 2024), specifically increasing the mileage cap to accommodate high-usage owners.

The initiative is rooted in the Japanese philosophy of Omotenashi – anticipating customer needs – and aims to bolster resale value while providing long-term security.

The updated policy is designed to be comprehensive and ‘guest-centric,’ requiring no additional premium from the buyer.

As per the company, all new Lexus models sold in India starting 1 April 2026 will now get 8 years or 200,000km (whichever comes first) warranty from the date of delivery. The warranty is part of a broader ‘Lexus Life’ ecosystem that includes tailored finance plans, insurance and 24x7 roadside assistance.

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Maruti Suzuki India (MSIL) has reported its most successful financial year to date, posting record annual net profits of INR 144,454 million for FY2025-26, as compared to INR 142,976 million last year.

However, the headline success comes with a caveat: the carmaker is officially ‘sold out,’ ending the year with a massive backlog of 190,000 pending orders.

Despite producing a record 2.42 million vehicles, consisting of 1,974,939 units in domestic market and exports at 447,774 units, Maruti is struggling to keep pace with a domestic market supercharged by ‘GST 2.0’ reforms.

In comparison, total sales last year at 2.23 million units, comprising 1.90 million units in domestic market and exports of 332,585 units.

For Q4, Maruti Suzuki India reports its highest-ever quarterly sales of 676,209 units, up 11.8 percent YoY. Domestic sales came at 538,994 units, while exports at 137,215 units was an all-time high.

Chairman R C Bhargava confirmed the company is operating at 100 percent capacity, with dealer inventories hitting a critical low of just 12 days.

"We are no longer fighting for customers; we are fighting for floor space," Bhargava noted during the earnings call. To address this, the board has greenlit a record capital expenditure (CAPEX) of INR 140 billion – the highest in the company’s history – to simultaneously develop mega-sites in Kharkhoda, Haryana and Gujarat.

In a notable departure from industry norms, Bhargava downplayed the slip in Maruti’s market share to below 40 percent. He dismissed the metric as a ‘sexy figure,’ arguing that physical production limits make market share a vanity metric.

"Why do I care about market share when my ability to produce and sell is intact?" he asked, pivoting the company’s focus toward National Interest – specifically through aggressive exports. Annual exports grew by 34.6 percent, with the UK emerging as the top market for the new electric e-Vitara.

While the e-Vitara marks Maruti’s serious entry into the global EV space, the company is doubling down on a diversified ‘green’ strategy:

The Small Car Revival: Demand for entry-level cars (18% GST bracket) has surged, making up 130,000 of the current order backlog.

The company is aggressively scaling Compressed Bio-Gas (CBG), with its Hansalpur plant aiming to meet 50 percent of its energy needs from cow-dung-derived fuel within two years.

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Renault India, one of the leading passenger vehicle manufacturers, has inaugurated its first "new’R" experiential retail outlet in Ranchi, marking a transition towards a more urban and futuristic sales environment in Jharkhand.

The facility, located on Old H.B. Road, was opened by Francisco Hidalgo-Marques, Vice-President of Sales & Marketing at Renault India. During the inauguration, the company delivered five new Renault Duster units to customers, highlighting the regional demand for the recently launched SUV.

The launch is part of a broader network expansion that brings Renault’s total national presence to 638 touchpoints, which includes 200 ‘Workshops on Wheels’ designed for remote service delivery.

The Ranchi facility covers over 3,000 sqft and is designed to integrate both sales and technical support. It features four vehicle display units in a contemporary setting and is equipped with eight service bays and a dedicated delivery bay.

The ‘new’R’ theme utilises signature lighting and a central vehicle display to allow for a 360-degree customer view of the products.

The move underscores Jharkhand's growing importance in the Indian automotive market. By combining modern design with increased service capacity, Renault aims to improve long-term customer engagement through its ‘Renault Forever’ initiative.

Francisco Hidalgo-Marques, said, “Jharkhand is emerging as one of the most decisive car markets in India, and Ranchi is right at the heart of that shift. The response to the new Renault Duster tells us that customers are not just buying an SUV, they are buying into capability, design, and trust. With the new’R Store, we are transforming how customers engage with Renault, more modern, more intuitive, and closer to their expectations.”

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