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Automobiles

Suzuki chairman Osamu Suzuki to step down

Company plans for all new cars to be electrified from 2025 after iconic leader's exit

Suzuki Motor Chairman Osamu Suzuki is stepping down confident that the company's new decision-makers have the necessary experience to lead the company. (Source photos by Reuters and AP)

TOKYO -- Osamu Suzuki, the 91-year-old chairman of Suzuki Motor, is to step down after leading the Japanese carmaker for more than 40 years and turning it into one of the world's largest producers of compact cars.

Suzuki led the company's successful expansion into India. He also led Suzuki Motor to forge a capital tie-up with Toyota Motor in 2019.

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