Cars
American Suzuki Chairman Ryosaku ("Rick") Suzuki - he's the grandson of Michio Suzuki, founder of Suzuki Motor Corp, said that he will step down from his position due to the automaker’s poor sales and earnings in a letter sent to the company’s employees on Friday, March 28.
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Japan's Suzuki Motor Corporation today announced a high-level management change with the appointment of Osamu Suzuki as the company's new president and COO -short for Chief Operating Officer. Osama Suzuki, who is also the firm's chairman and...
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- 2009 Suzuki Alto Fully Revealed
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Cars
Suzuki USA CEO, Rick Suzuki Quits Over Poor Sales
American Suzuki Chairman Ryosaku ("Rick") Suzuki - he's the grandson of Michio Suzuki, founder of Suzuki Motor Corp, said that he will step down from his position due to the automaker’s poor sales and earnings in a letter sent to the company’s employees on Friday, March 28. According to AN, Rick Suzuki stated in the letter that while in 2003 American Suzuki Motor Company (ASMC) implemented and announced a five-year plan to achieve annual sales of 200,000 cars and 300,000 motorcycles & ATVs, 2008 found the company far from its goals, with sales of 100,000 cars and 190,000 motorcycles & ATVs. –Continued
Unfortunately for ASMC employees, Rick Suzuki also wrote in the letter that due to the fact the company reported operating losses in 2007, it will reduce its U.S. work force of 674 by 55 employees through a voluntary retirement plan and that ASMC "is in no position to provide any bonus, let alone pay raise this year".
Via: AN (Sub. Req)
- Suzuki Tells Volkswagen To Take Back Statements On Breached Contract Or Else…
Hell hath no fury like a woman Suzuki scorned. On Thursday, the Japanese carmaker's CEO, Osamu Suzuki, sent a letter to his counterpart at VW demanding that the German group retracts its statement about Suzuki breaching their 2009 contract. The spark...
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Those of you waiting for the new Suzuki Swift to get Stateside will have to wait a little bit longer. After the Kizashi didn't exactly make the splash that Suzuki had hoped for, and with Suzuki sales in America crumbling, it appears that the Japanese...
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Japan's Suzuki Motor Corporation today announced a high-level management change with the appointment of Osamu Suzuki as the company's new president and COO -short for Chief Operating Officer. Osama Suzuki, who is also the firm's chairman and...
- New Suzuki Alto Lapin: Mini-me Nissan Cube...
Suzuki's all-too feminine Alto Lapin microvan has received a modest aesthetic facelift that brings it a "little bit" closer to appearance to the third-generation Nissan Cube that was unveiled at last week's LA auto show. The boxy-shaped "kei-car"...
- 2009 Suzuki Alto Fully Revealed
Revealed for the first time at the 2008 Paris Motor Show, the 2009 Alto is the fifth and smallest member of Suzuki’s European lineup. The all-new Alto has an overall length of 3,500mm, width of 1,600mm, height of 1,470mm and a wheelbase of 2,360mm,...