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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Japanese auto major Nissan Motor Corporation has announced a major leadership change for the AMIEO (Africa, Middle East, India, Europe, & Oceania) region as part of its Re:Nissan recovery plan.

Effective 1^st October, Massimiliano (Max) Messina will take over as Chairperson of the region. He currently holds the position of Vice Chairperson and Senior Vice-President of Finance, Administration, and Strategy for the same region. His predecessor, Guillaume Cartier, will now concentrate on his global duties as Nissan's Chief Performance Officer.

His appointment is expected to provide continuity and align the region's operations with Nissan's global objectives. With over two decades of experience in the automotive industry, Messina will now oversee operations in 140 countries, 5 plants and a workforce of 13,000 employees.

"I'm honoured to take on this responsibility at such a critical moment for Nissan," said Messina.

The leadership change comes as Nissan prepares to launch four new electric vehicles in Europe and follows successful recent launches of models like the Patrol and Magnite in other markets. Victorino (Vito) Esnaola, will succeed Messina as Senior Vice President of Finance and IT for the AMIEO region. Esnaola joined Nissan in 2015 and has held several key financial roles within the company.

The Re:Nissan plan aims to return the company to profitability and achieve positive free cash flow by fiscal year 2026. Cartier stated that Messina's leadership will be crucial in ‘accelerating transformation’ and ensuring the region's performance contributes to this ambitious goal.

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Stellantis-owned Citroen India has inked a strategic partnership with Oriental Insurance Company, one of India’s leading public sector insurers, to further expand insurance options for its customers.

The automaker stated that with Oriental Insurance on board, Citroen customers will now get access to a wider bouquet of tailored motor insurance solutions, including easy policy issuance, best-in-class coverage and faster, hassle-free claim processing.

Established in 1947, Oriental Insurance has an extensive branch network, including a strong presence in Tier 3 and Tier 4 towns.

Shishir Mishra, Business Head & Director – Strategic Partnerships and Institutional Business, Stellantis India, said “At Citroen India, our focus has always been on offering hassle-free mobility and a seamless ownership journey to our customers. Partnering with Oriental Insurance not only expands our insurance choices but also leverages Oriental’s vast reach and strong reputation. Their presence & reach in upcountry locations perfectly complements with growth plans of Citroën 2.0 – Shift into the New.”

Sanjay Joshi, Chairman and Managing Director, Oriental Insurance, said “We are delighted to be first PSU partnering with Citroen India, a trusted name in the automobile industry. This OEM tie-up highlights our focus on comprehensive coverage and service excellence-providing Citroen India customers with end-to-end protection, backed by Oriental's reliability and nationwide reach.”

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Tata Motors, one of India’s leading automobile manufacturers, has announced that its all-new Altroz hatchback has recently bagged 5-star safety rating in Bharat NCAP (B–NCAP) crash tests.

The hatchback scored 29.65/32 in adult occupant protection and 44.9/49 in child occupant protection, which makes the Altroz, India’s safest hatchback.

Furthermore, the Altroz is also the first car in its segment and body style to attain 5-star safety rating in Bharat NCAP across all powertrains, including CNG.

The new Altroz was launched in May 2025 and can be had in three powertrain options – 1.2L Revotron Petrol (Manual, DCA & new AMT), 1.2L iCNG with Twin-Cylinder Tech and 1.5L Revotorq Diesel engine.

Interestingly, the Altroz continues to be the only premium hatchback in its segment to be offered with a diesel engine.

Mohan Savarkar, Vice-President & Chief Product Officer, Tata Motors Passenger Vehicles, said, “The Altroz has always been a pioneer in the premium hatchback segment. With its combination of contemporary design, advanced technology, and a multi-powertrain led approach, it truly makes the customer ‘Feel Special’. A trendsetter for the industry, the Altroz has once again redefined benchmarks by being the only car in its segment to achieve the coveted 5-star rating by Bharat-NCAP across petrol, diesel, and CNG powertrains, making it the safest CNG-powered car in India. This achievement reaffirms our commitment to deliver cars that our customers can depend on with confidence.”

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Hyundai Motor India (HMIL) has reached a significant wage settlement agreement with the United Union of Hyundai Employees (UUHE) for 2024–2027. The deal, the company said, sets a new industry standard and was finalised and signed today after what both parties described as a period of constructive dialogue.

Effective from 1 April 2024, through 31 March 2027, the three-year agreement includes a substantial all-inclusive compensation increase of INR 31,000 per month. This raise will be implemented in three phases, with a 55 percent increase in the first year, 25 percent in the second and the remaining 20 percent in the final year.

Youngmyung Park, Function Head - People Strategy at HMIL, the agreement is a testament to “At Hyundai, our people are the cornerstone of our success. This agreement, built on mutual trust, respect and constructive dialogue, reflects our shared commitment to fostering a progressive workplace culture that prioritises employee welfare and supports long-term organisational growth.”

In addition to the pay raise, HMIL confirmed that it will continue to provide top-tier employee benefits, including best-in-class health coverage and advanced wellness programs.

The United Union of Hyundai Employees, which was registered in 2011, represents 1,981 employees – 90 percent of the company's technician and workmen cadre. The union is said to have played a crucial role in negotiating the new compensation package on behalf of its members.

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