Since Volkswagen sold its stake in the Suzuki Motor Corporation in 2015, The Master Trust Bank of Japan and Toyota have become two of the company’s biggest shareholders.
Suzuki is one of the leading small car manufacturers in the world. Though Suzuki hasn’t sold a new car in the United States in nearly a decade, it remains a popular brand in the used car market. Suzuki Motor Corporation is a publicly-traded multinational corporation with numerous shareholders, and The Trust Bank of Japan and Toyota are two of its largest.
Read on to learn more about the Suzuki brand and its ownership!
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As of May 2022, Suzuki Motor Corporation is a publicly-traded multinational corporation. Its biggest shareholders are The Master Trust Bank of Japan (10.4%), Custody Bank of Japan Ltd (5.24%), and Toyota (4.94%).
Volkswagen used to own a 19% stake in the Suzuki Motor Corporation. It was forced to sell its shares in 2015 after Suzuki purchased diesel engines from Fiat, and Suzuki leadership accused Volkswagen of not sharing promised technology.
What other makes does Toyota own?
Toyota is a massive corporation with holdings throughout the auto industry. Lexus is Toyota’s luxury brand. Toyota also owns Ranz, an electric vehicle manufacturer.
Here’s the full list of car brands Toyota owns or has a stake in:
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Where are Suzukis made?
While American dealerships don’t have any new Suzukis on their lots, Suzuki is a massive brand with tremendous global reach. Suzuki owns 35 production facilities in 23 countries including China, Taiwan, Hungary, Colombia, Argentina, New Zealand, and Egypt.
Suzuki's headquarters is in Hamamatsu, Japan, and the company maintains numerous auto plants in the country.
Key Takeaway Suzuki is a Japanese-headquartered company with plants throughout the world.
A short history of Suzuki ownership
Suzuki traces its roots to 1909 when Michio Suzuki founded the Suzuki Loom Works in Hamamatsu, Japan. The company got its start making weaving looms for the booming Japanese silk industry and went public in 1920.
After 30 years in the weaving business, Michio Suzuki decided to build a small car to diversify the company’s holdings—and so Suzuki entered the automotive business.
Though Suzuki family members remain prominent company leaders, the Suzuki Motor Corporation has had several major shareholders over its century as a publicly-traded entity. Notably, Volkswagen held a 19% share of Suzuki between 2009 and 2015. The partnership did not last, as Volkswagen objected to a Suzuki deal to buy diesel engines from Fiat, and Suzuki leadership accused Volkswagen of failing to share promised technology.
Today, Suzuki’s biggest shareholders are The Master Trust Bank of Japan (10.4%), Custody Bank of Japan Ltd (5.24%), and Toyota (4.94%).
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How to save money on Suzuki insurance
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