Suzuki Motor Corp appoints Toshihiro Suzuki as CEO

    Decision at the annual shareholder’s meeting comes as the carmaker aims to recover from the fuel-efficiency cheating scandal.

    Published On Jun 29, 2016 07:20:00 PM

    4,922 Views

    Suzuki Motor Corp appoints Toshihiro Suzuki as CEO

    Suzuki Motor Corporation (SMC) today announced the appointment of Toshihiro Suzuki as the company’s chief executive officer. Suzuki, who is the president and chief operating officer of SMC, takes over from his father and former CEO Osamu Suzuki. The changes in management come into effect from today following approval at the annual shareholders meeting.

    Earlier this month, SMC announced that CEO and chairman Osamu Suzuki, who has led the company since 1978, would step down as CEO following the revelation that it used wrong mileage testing methodology for its cars. Osamu Suzuki, however, will stay on as chairman.

    The Japanese carmaker admitted to fudging fuel-efficiency claims for some of its cars sold in Japan. Recently, 16 of the carmaker's models on sale in Japan came under scrutiny for improper fuel-efficiency claims, which include cars like the WagonR, S-cross, Swift and the Made-In-India Baleno. Suzuki stated that this impacts the cars sold in Japan only and not Suzuki’s overseas markets.

    In April 2016, Mitsubishi had also confessed to tampering with fuel test figures of cars sold in Japan. The move affected around 6,25,000 Mitsubishi-made cars, including those produced for Nissan.

    Toshihiro Suzuki, who now takes full charge of the company, will drive ‘Suzuki Next 100’, the company's mid-term five-year management plan which runs from 2015 to 2020. The plan is aimed at preparing the company to firmly establish itself in the global automotive arena in 2020, when it completes 100 years.

    Copyright (c) Autocar India. All rights reserved.

    Comments

    ×
    img

    No comments yet. Be the first to comment.

    Ask Autocar Anything about Car and Bike Buying and Maintenance Advices
    Need an expert opinion on your car and bike related queries?
    Ask Now

    Search By Car Price

    Poll of the month

    The Creta will be the third Hyundai N-Line model in India. Should more mass-market brands have sporty sub-brands?

    Yes, it's something special for enthusiasts

     

    18.40%

    Yes, but only if there is increased performance

     

    44.29%

    No, it's just a gimmick to increase the price

     

    29.42%

    It doesn't always work; just look at Tata JTP

     

    7.88%

    Total Votes : 1560
    Sign up for our newsletter

    Get all the latest updates from the automobile universe