Suzuki Motor Corporation is a Japanese multinational which specializes in the automotive industry. It produces automobiles, motorcycles, marine engines, all-terrain vehicles and four-wheel vehicles mostly. The company is the 9th largest automobile maker in the entire world as of now with offices and production facilities in over 23 countries. Having distribution outlets in 133 countries, it employs a total of 45,000 people worldwide. The current CEO of the company is Osamu Suzuki who also serves as its Chairman. Suzuki Corporation is one of the most profitable companies in the world currently and had a turnover of USD 26.27 billion last fiscal year.
The foundation of Suzuki Corporation was laid by Michio Suzuki back in 1909 at a small seaside village by the name of Hamamatsu in Japan. It was originally called Suzuki Loom Works and at the time was known for producing weaving looms. It is known that for the first 30 years the company had produced nothing but weaving machines which also were exported overseas. It was only after that Suzuki shifted its focus towards the automobile industry and produced its first small car in 1939. Due to the onset of the World War II, the vehicle production in the factory came at a stand-still and Suzuki went back to manufacturing weaving machines until 1951. After the cotton market deteriorated in Japan, the company once again resumed its production of automobiles.