Google News
logo
Daily Current Affairs
Who has been appointed as the MD and CEO of Maruti Suzuki in April 2022?
A)
Osamu Suzuki
B)
Toshihiro Suzuki
C)
Hisashi Takeuchi
D)
R. C. Bhargava

Correct Answer : Option (C) - Hisashi Takeuchi


India’s largest carmaker Maruti Suzuki India (MSIL) has appointed "Hisashi Takeuchi" as the MD and Chief Executive Officer of the company with effect from 1st April 2022, consequent to the completion of the term of Kenichi Ayukawa on 31st March 2022.
 
Takeuchi’s appointment comes at a time when Maruti Suzuki’s market share in the Indian passenger vehicle (PV) market has taken a hit amidst the semiconductors shortage crisis and strong demand for sports utility vehicles (SUV), a segment where the company doesn't have enough appealing products. MSIL has lost 740 bps of market share in the domestic PV market over the last 2 years from the peak of 51%.
 
Takeuchi said, “Maruti Suzuki is a great organization with a rich legacy and it will be my endeavor that we keep serving more and more customers both in India and the world with exciting cars that are good for them, environment and society.”
 
Takeuchi joined SMC in 1986 and has been on the Board of Maruti Suzuki since July 2019 and as Joint Managing Director (Commercial) since April 2021..

Source : New Indian Express

Published On : March 25, 2022
Advertisement