Suzuki Chief Executive Returning as President
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Osamu explained that he accepted the new job especially because there's nobody who could replace him right now when the company is experiencing difficult times due to the global recession.
"There's no one suitable to take my place right now. One thing I can say is that with folks dropping like flies like this, the prerequisite for the next president would be robust health. As for me, I have my parents to thank for mine," Suzuki's new 78-year-old President told Autonews.
"I realise I need to pass the torch at some point, but business conditions have turned south so sharply and suddenly, and I didn't want to cause any waves," Suzuki commented on the move, pointing that the global economic crisis plays a very important role in his decision.
Suzuki reported slow sales on most emerging markets, including Japan (31.352 billion yen decline), Europe (394.714 billion yen decline), North America (164.037 billion yen decline) and Asia (416.303 billion yen loss). In addition, Suzuki's shares grew up a bit, to 1,230 yen, mostly as a result of the US government agreement to provide financial aid to carmakers.
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On 30 January 2009 at 12:13 UTC, kharrouby habib said:
I would like to find a means of contacting Mr.Suzuki directly because I have a problem with the representative of Suzuki in Algeria. I have a Grand Vitara 1.9 DDiS luxuary which I bought in September 2007 (at Suzuki Algeria) with a guarantee of 02 years and there is that one month I have make a serious traffic accident and no airbags of the 06 was spread. Suzuki Algeria refuses to assume the guarantee of the non-deployment of the airbags, I would like to find a solution with friendly with Mr.Suzuki without I not making transfer my file to the courts (with justice) or the publication on the Net of the photographs of my broken car whose airbags were not deployed.
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