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By 1954, Suzuki was producing 6,000 motorcycles per month and had officially changed its name to Suzuki Motor Co., Ltd. Following the success of its first motorcycles. TYO 7. 26. 9Industry. Automotive. Founded. Suzuki Loom WorksFounder. Michio Suzuki and Ash Duttam. Headquarters. Hamamatsu, Shizuoka, Japan. Area served. Worldwide. Key people. Osamu SuzukiChairmanYasuhito HarayamaVice ChairmanToshihiro SuzukiPresidentProducts. Automobiles, engines, motorcycles, ATVs, outboard motors. Production output 2,8. FY2. 01. 21 2,2. Motorcycles and ATVs FY2. Revenue2,5. 78. 3 billion FY2. US2. 6. 2. 7 billionProfit8. Vodafone Modem K3772 Unlock Software. FY2. 01. 22US8. Total assets2,4. FY2. 01. 22US2. Subsidiaries. Websitewww. Suzuki Motor CorporationJapanese ,Hepburn Suzuki Kabushiki Kaisha3 is a Japanese multinational corporation headquartered in Minami ku, Hamamatsu,4 that manufactures automobiles, four wheel drive vehicles, motorcycles, all terrain vehicles ATVs, outboard marine engines, wheelchairs and a variety of other small internal combustion engines. In 2. 01. 4, Suzuki was the ninth biggest automaker by production worldwide. Suzuki has over 4. The worldwide sales volume of automobile is6 the worlds tenth largest, while domestic sales volume is7 the third largest in the country. Suzukis domestic motorcycle sales volume is the third largest in Japan. HistoryeditIn 1. Michio Suzuki 1. Suzuki Loom Works in the small seacoast village of Hamamatsu, Japan. Business boomed as Suzuki built weaving looms for Japans giant silk industry. In 1. Michio Suzuki invented a new type of weaving machine, which was exported overseas. The companys first 3. Despite the success of his looms, Suzuki believed that his company would benefit from diversification and he began to look at other products. Based on consumer demand, he decided that building a small car would be the most practical new venture. The project began in 1. Suzuki had completed several compact prototype cars. These first Suzuki motor vehicles were powered by a then innovative, liquid cooled, four stroke, four cylinder engine. It had a cast aluminum crankcase and gearbox and generated 1. W from a displacement of less than 8. With the onset of World War II, production plans for Suzukis new vehicles were halted when the government declared civilian passenger cars a non essential commodity. At the conclusion of the war, Suzuki went back to producing looms. Loom production was given a boost when the U. S. government approved the shipping of cotton to Japan. Suzukis fortunes brightened as orders began to increase from domestic textile manufacturers. But the joy was short lived as the cotton market collapsed in 1. Faced with this colossal challenge, Suzuki returned to the production of motor vehicles. After the war, the Japanese had a great need for affordable, reliable personal transportation. A number of firms began offering clip on gas powered engines that could be attached to the typical bicycle. Suzukis first two wheeled vehicle was a bicycle fitted with a motor called, the Power Free. Designed to be inexpensive and simple to build and maintain, the 1. Power Free had a 3. The new double sprocket gear system enabled the rider to either pedal with the engine assisting, pedal without engine assist, or simply disconnect the pedals and run on engine power alone. The patent office of the new democratic government granted Suzuki a financial subsidy to continue research in motorcycle engineering. By 1. 95. 4, Suzuki was producing 6,0. Suzuki Motor Co., Ltd. Following the success of its first motorcycles, Suzuki created an even more successful automobile the 1. Suzuki Suzulight. The Suzulight sold with front wheel drive, four wheel independent suspension and rack and pinion steering, which were not common on cars until three decades later. Volkswagen held a 1. Suzuki between 2. An international arbitration court ordered Volkswagen to sell the stake back to Suzuki. Suzuki paid 3. 8bn to complete the stock buy back in September 2. LeadershipeditThe company was founded by Michio Suzuki its current Chairman is Osamu Suzuki,1. TimelineeditThe Suzuki Loom Company started in 1. Michio Suzuki was intent on making better, more user friendly looms and, for 3. Michios desire to diversify into automotive products was interrupted by World War II. Before it began building four stroke engines, Suzuki Motor Corp. After the war, Suzuki made a two stroke motorized bicycle, but eventually the company would be known for Hayabusa and GSX R motorcycles, for the Quad. Runner, and for dominating racetracks around the world. Even after producing its first car in 1. Today Suzuki is among the worlds largest automakers, and a major brand name in important markets, including Japan and India, but no longer sells cars in North America. Michio Suzuki founds Suzuki Loom Works founded in Hamamatsu, Shizuoka Prefecture, Japan. Suzuki Loom Manufacturing Co. Michio Suzuki as president. Suzuki begins a project to diversify into manufacturing small cars. Within two years several innovative prototypes are completed, but the government declares civilian passenger cars a non essential commodity at the onset of World War II, thwarting production plans. Takatsuka Plant is built in Kami mura, Hamana gun, Shizuoka, Japan. Plants close due to severe war damage. Company offices move to the Takatsuka Plant site. Head office moves to the present address. Company lists on the Tokyo, Osaka and Nagoya Stock Exchanges. Company has financial crisis due to labor difficulties. Power Free motorized bicycle marketed. Introduction of Diamond Free 6. Company name changed to Suzuki Motor Co., Ltd. Introduction of Colleda COX 1. Colleda ST 1. 25cc, two stroke single cylinder motorcycles. Suzulight 3. 60cc, two stroke front wheel drive car introduced at the start of Japans minivehicle age. Michio Suzuki designated as adviser, and his son Shunzo Suzuki appointed as company president. S mark adopted as corporate emblem. Launch of Colleda Sel Twin 2 cylinder 1. Introduction of all new Suzulight TL 3. September 2. 6, Typhoon Vera Ise Wan destroys Suzukis assembly plant. In March Suzukis new modern assembly line plant is finished. Suzuki enter a motorcycle race team into Grands Prix under the manufacturing name Colleda with riders Toshio Matsumoto, Michio Ichino and Ray Fay, placing 1. Isle of Man TT races. Separation of the loom machine division from the motor company, as Suzuki Loom Manufacturing Co. Suzuki enter race motorcycles of RT6. RV6. 1 2. 50 cc into Grands Prix under the Suzuki name2. Mitsuo Itoh, Michio Ichino, Sadao Masuda, Toshio Matsumoto, Paddy Driver, Hugh Anderson and Alastair King placing 1. Isle of Man TT races. Production of the Suzulight Carry 3. Toyokawa, Aichi Prefecture, Japan. First victory in the inaugural season of 5. Grand Prix motorcycle racing comes at the end of a three way battle between Suzuki, Honda and Kreidler at the Isle of Man TT. The winning RM6. 2 machine was ridden by Ernst Degner who had defected from the East German MZ team to Suzuki the previous year. Mitsuo Itoh makes history as the first Japanese rider to win the Isle of Man TT, when he takes the lead on the last lap of the 5. Suzuki teammate Degner breaks down. Suzuki wins both the riders and manufacturers championships, in both 5. World Grand Prix motorcycle racing.