Which company owns Suzuki?
Suzuki Motor Corporation, a major Japanese automaker, is owned by the Suzuki family. The company was founded in 1909 by Michio Suzuki and is headquartered in Hamamatsu, Shizuoka, Japan.
Suzuki Family Ownership
Suzuki Motor Corporation is a publicly-traded company, but the Suzuki family maintains a controlling stake. As of 2023, the Suzuki family owns approximately 38% of the company's shares, making them the largest shareholders. The current chairman and CEO, Toshihiro Suzuki, is the grandson of the company's founder, Michio Suzuki.
Suzuki's Global Presence
Suzuki is a multinational corporation with a strong global presence. It is one of the largest automobile manufacturers in the world, selling vehicles in over 200 countries and regions. Suzuki is particularly dominant in the small car and motorcycle markets, with a focus on compact, fuel-efficient vehicles.
Suzuki's Partnerships and Alliances
Over the years, Suzuki has formed several strategic partnerships and alliances with other automakers to expand its reach and capabilities. Some of Suzuki's key partnerships include:
- Relationship with Volkswagen AG from 2009 to 2015, where the two companies collaborated on various projects.
- Joint venture with Maruti Udyog (now Maruti Suzuki) in India, which is Suzuki's largest market.
- Partnership with Toyota Motor Corporation, where the two companies collaborate on hybrid and electric vehicle technologies.
These partnerships have allowed Suzuki to leverage the resources and expertise of larger automakers, while maintaining its focus on compact, affordable vehicles.
Is Suzuki owned by Toyota?
Toyota and Suzuki are independent of each other
Toyota Motor Corporation does own 4.94% of Suzuki and Suzuki Motor Corporation owns 0.2% of Toyota Motor Corporation, but this cross-ownership has no impact on the operations of either company.
Do Suzuki cars have Toyota engines?
Suzuki design,develop and manufacture their own engine and do not rely on Toyota for engines. However in India, Maruti Suzuki and Toyota have joined hands to co-develop hybrid electric vehicles and powertrain which is expected to bring positive growth to both the companies.…
What brand makes Suzuki?
Suzuki Motor Corporation (Japanese: スズキ株式会社, Hepburn: Suzuki Kabushiki gaisha) is a Japanese multinational mobility manufacturer headquartered in Hamamatsu, Shizuoka.
What brands are owned by Volkswagen?
The Group comprises ten brands from five European countries: Volkswagen, Volkswagen Commercial Vehicles, ŠKODA, SEAT, CUPRA, Audi, Lamborghini, Bentley, Porsche and Ducati. In addition, the Volkswagen Group offers a wide range of further brands and business units including financial services.
Are Suzuki cars still sold in the US?
Outside of motorcycles like the GSX-R1000, the V-Storm, and the Katana, Suzuki does not sell all-new vehicles in the United States. However, you can still find used Suzuki models. They're mainly small cars and SUVs, such as the SX4, which came in sedan, hatchback, and crossover body styles.
Who owns the Suzuki car company?
Official name: Suzuki Motor Corporation. Owned by: Volkswagen (19.9%), Suzuki family members, Japanese banks, General Motors (3%) & Fuji Heavy Industries (1%), plus public shareholding. Formerly owned by: General Motors (20.4%). Owns: GM-Daewoo (14.9%), together with a host of joint ventures around the planet.
Who makes Suzuki engines?
Suzuki Sources its Engines from Fiat or Develops them Indigenously in Japan or Europe and Not in China 🇨🇳 .
Who is the manufacturer of Suzuki?
Suzuki Motor Corporation
Suzuki Motor Corporation (Japanese: スズキ株式会社, Hepburn: Suzuki Kabushiki gaisha) is a Japanese multinational mobility manufacturer headquartered in Hamamatsu, Shizuoka.
Does VW own Suzuki?
Volkswagen AG completed the purchase of 19.9% of Suzuki Motor Corporation's issued shares on 15 January 2010. Suzuki invested part of the amount received from Volkswagen into 1.49% percent of Volkswagen. In 2011, Suzuki filed a lawsuit at an arbitration court in London requesting that Volkswagen return the 19.9% stake.
Does GM own Suzuki?
GM purchases a 5.3% stake in Suzuki.
