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should hero motocorp limited (heromotoco) be sold ✌️【Risk Management】✌️ Real-time India stock and global stock indices, futures prices, and data to help you make efficient investment decisions. Osamu Suzuki, an ingenious penny pincher who led Japan’s Suzuki Motor for more than four decades and played a key role in turning India into a flourishing auto market, has died aged 94.

He died on December 25 of lymphoma, said the company, which he steered ambitiously, during his time as either chief executive or chairman, out of its primary market of minivehicles.

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Even so, Suzuki’s thriftiness was legendary. He would order factory ceilings lowered to save on air-conditioning and fly economy class on airplanes even at an advanced age.

“Forever,” or “until the day I die,” were signature humorous responses with which he parried queries about how long he would stay at the company, on which he retained a tight grip into his 70s and 80s.

Born Osamu Matsuda, Suzuki took his wife’s family name through adoption in a practice common among Japanese families lacking a male heir.

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In the 1970s, he saved the company from the brink of collapse by convincing Toyota Motor to supply engines that met new emissions regulations, but which Suzuki Motor had yet to develop.

should hero motocorp limited (heromotoco) be sold ✌️【Risk Management】✌️ Free stock selection service to help you quickly pick high-return stocks for stable growth. More success followed with the 1979 launch of the Alto minivehicle, which became a massive hit, boosting the automaker’s bargaining power when it tied up with General Motors in 1981.

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His personal interest was motivated by a strong desire “to be number one somewhere in the world,” he would later recall.

should hero motocorp limited (heromotoco) be sold ✌️【Risk Management】✌️ Real-time updates of global stock indices and futures trends to help you plan precise investments. At the time, India was an automotive backwater with annual car sales below 40,000, mainly British knock-offs.

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should hero motocorp limited (heromotoco) be sold ✌️【Risk Management】✌️ Real-time global stock, futures, and forex data to help you master market dynamics. The Maruti team knocked on many doors but was snubbed widely by brands including Fiat and Subaru and — by accident — Suzuki Motor.

should hero motocorp limited (heromotoco) be sold ✌️【Risk Management】✌️ Free real-time global stock indices and data to help you grasp stock market trends and achieve capital growth. The partnership only came about after a Suzuki Motor director in India saw a newspaper article about a potential Maruti deal with Japanese small-car rival Daihatsu.

He telephoned headquarters to learn that the Maruti team had been turned away. Suzuki then telexed Maruti and hastily invited the team back to Japan, asking for a second chance.

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In class-conscious India, Suzuki also ushered in change, insisting on equality in the workplace, ordering open-plan offices, a single canteen and uniforms for executives and assembly-line workers alike.

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“To me, he was more than an admired business leader: he was like a father,” Toyota chairman Akio Toyoda said in a Friday statement, honoring Suzuki as a trailblazer of minivehicles.

“He was a father figure who developed Japan’skei car(minivehicle) and nurtured it into Japan’s people’s car.”

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