Osamu Suzuki Is No More, Suzuki Motor Corp Top Boss Dies At 94

Osamu Suzuki

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

Changan Automobile Unveils New Energy Vehicles At Thailand Motor Expo

Changan

Changan Automobile has unveiled its latest lineup of new energy vehicles (NEVs) at the Thailand International Motor Expo 2025, presenting models across the AVATR and CHANGAN DEEPAL brands.

AVATR, the brand that focuses on ‘Emotive Luxury,’ headlined the event with the debut of the AVATR 07 SUV. Led by AVATR's European design team, the model has earned international honours, including the IDA International Design Gold Award and the 2025 German iF Design Award. The cabin combines materials, multi-sensory enjoyment, and quietness. The vehicle can accelerate from zero to 100 kmph in a claimed 3.9s and features CDC adaptive air suspension, powered by ADAS to deliver a seamless, reliable, and confident driving.

CHANGAN DEEPAL, a part of Changan’s Thailand portfolio, continued its market momentum. The DEEPAL S05, the first made-in-Thailand model launched in March 2025, ranked No. 1 in EV SUV registrations for two consecutive months. Responding to consumer enthusiasm, Changan introduced the S05 Max Long Range, offering an all-black exterior and interior, a 68.82 kWh battery with 560 km NEDC range and a 200 kW motor capable of zero to 100 kmph in just 6.48 seconds.

As Thailand transitions toward electrification, it has become a strategic hub for Changan. Under its ‘In Thailand, For Thailand’ strategy, Changan is advancing localisation across local manufacturing, marketing, sales, and service.

In May 2025, Changan inaugurated its first overseas NEV plant in Rayong, Thailand – employing over 1,000 Thai workers and achieving approximately 60 percent local content. In August, Changan hosted its first Service Skills Competition in Bangkok to reinforce its global after-sales standards.

Looking ahead, Changan plans to launch seven models in Thailand over the next three years. Over the next five years, Changan will introduce more than 50 NEVs globally, driving the momentum of AVATR and CHANGAN DEEPAL toward leadership in mobility.

Tata Motors Partners Red Bull India For Adventure Series

Tata Motors - Red Bull India

Tata Motors Passenger Vehicles (TMPVL) and Red Bull India have announced an association to undertake acts that challenge norms, combining Tata Motors’ line of products with Red Bull’s athletes.

The first activity will feature the Harrier.ev SUV. The vehicle’s off-road capability will be tested by Red Bull athlete Abdo ‘Dado’ Feghali, a Guinness World Record holder in drifting and an icon in rally and drifting. A video of the challenge will be released soon.

Vivek Srivatsa, Chief Commercial Officer, Tata Passenger Electric Mobility, said, “These are truly exciting times as we partner with a company like Red Bull – known for defying limits. This collaboration brings together two brands that share a passion for innovation, performance, and pushing boundaries. We are excited to showcase how cutting-edge technology and stylish design can complement the thrill of adventure and extreme performance. This journey promises to be nothing short of extraordinary.”

Abdo ‘Dado’ Feghali, said, “The Harrier.ev truly delivers on its promise of go-anywhere capability. After conquering steep terrains in the Elephant Rock challenge, it exceeded expectations by effortlessly completing the latest task we threw at it. Its segment-leading torque offers smooth, linear delivery, making every obstacle feel convenient. This experience is a testament to the Harrier.ev’s engineering excellence – a new benchmark for electric SUVs in India.”

This association marks the beginning of an adventure between TMPV and Red Bull India, both of which share a vision of delivering experiences that celebrate power, precision, and passion.

Maruti Suzuki India - Chhattisgarh Gramin Bank

Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with Chhattisgarh Gramin Bank for retail vehicle financing for customers.

The collaboration has been established to provide retail financing solutions for new cars and commercial vehicles, enhancing the accessibility and affordability of Maruti Suzuki vehicles for customers.

The partnership will leverage the growing customer base of the bank to benefit Maruti Suzuki customer profiles and offer them a range of comprehensive financing solutions.

The MoU was signed in the presence of Partho Banerjee, Senior Executive Officer, Marketing & Sales and Vishal Sharma, Vice-President, Maruti Suzuki Finance & Driving School, from Maruti Suzuki India. Representing Chhattisgarh Gramin Bank were Vinod Kumar Arora, Chairman and Vijay Vasant Raikwad, General Manager, along with senior officials from both organisations.

Partho Banerjee, said: “Our collaboration with Chhattisgarh Gramin Bank strengthens our commitment to making car ownership more accessible and affordable. This strategic partnership enables us to extend our reach and offer customers competitive financing solutions that enhance the overall buying experience. We remain focused on delivering seamless and customer-centric finance options, and this alliance reinforces our vision of providing tailored financial support to a wider audience.”

Vinod Kumar Arora, said, “At Chhattisgarh Gramin Bank, fulfilling customer aspirations is at the core of our mission. Our partnership with Maruti Suzuki, a leader in the automotive industry, marks a strategic step toward expanding our service offerings and delivering enhanced value to our customers. This collaboration reinforces our customer-centric philosophy of enabling accessible and affordable vehicle financing solutions. We look forward to supporting individuals and families across the country in realising their dream of owning a Maruti Suzuki vehicle.”

Passenger Vehicle Sales In India To Grow Upto 5% In FY2026 Says ICRA

Car delivery

The Indian passenger vehicle industry experienced its strongest festive season recently, driven by a combination of GST rate cuts and consumer demand, said a recent ICRA report.

In October 2025, passenger vehicle retail sales grew by 15 percent YoY. A sequential surge of 86 percent was observed as retail activity, deferred from the late-September Navratras, shifted into October.

Wholesale volumes also saw an uptick, increasing by 17 percent YoY and 24 percent sequentially to reach 460,000 units in October 2025, as OEMs boosted dispatches to dealers for the festive period.

Inventory levels with dealers reduced to 53-55 days by the end of October 2025, down from 60 days in September 2025, as reported by the Federation of Automobile Dealers Association (FADA). This improvement was supported by a 21 percent YoY growth, with 800,000 units sold during the 42-day festive period.

Utility vehicles (UVs) continue to dominate the market, accounting for 66-67 percent of total industry volumes. However, the compact and super compact car segments showed signs of revival following the GST reductions.

Export volumes recorded a 12 percent YoY growth in October 2025. Maruti Suzuki India maintained its position as the top exporter, followed by Hyundai Motor India. For the first seven months of FY2026, export volumes expanded by 17 percent YoY, indicating a supply push from Indian OEMs in international markets.

Looking ahead, ICRA expects wholesale volume growth for the full fiscal year FY2026 to be in the range of 1-4  percent, supported by the demand momentum from GST rate cuts, continuous new model launches by OEMs and anticipated demand during the ongoing wedding season.