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Suzuki shares tumble after chairman reveals retirement plans

Indian subsidiary's shares also hit as automaker unveils 'modest' midterm plan

Suzuki Motor Chairman Osamu Suzuki has said he will retire later this year.  (File photo by Ken Kobayashi)

TOKYO -- Shares in Suzuki Motor plunged on Thursday to a nearly one-month low following the announcement that its long-serving chairman will retire later this year.

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