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Suzuki's New Venture: First Car Plant in India After Eight Years
In a significant move aimed at bolstering its presence in one of the world's fastest-growing automotive markets, a subsidiary of Suzuki Motor Corporation, Maruti Suzuki India Ltd., has inaugurated its latest manufacturing plant in India. This facility marks the company's first new production site in eight years, highlighting the automotive giant's commitment to expanding its operations in the subcontinent.
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Osamu Suzuki, Iconic Leader of Suzuki Motor Corporation, Passes Away at 94
Osamu Suzuki, the long-serving chairman and influential figure behind the global success of Suzuki Motor Corporation, has died at the age of 94. The automotive industry is mourning the loss of a visionary leader who shaped not only the trajectory of Suzuki but also left a lasting impact on the world of automobiles over the course of his remarkable five-decade career.
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Japan's Currency Maneuvers: Interventions to Stabilize Yen Below 160
In a strategic move aimed at bolstering its national currency, Japan's government intervened in the foreign exchange market on two notable occasions in the last quarter, successfully bringing the yen's exchange rate down to below the key threshold of 160 against the US dollar. This initiative reflects Japan's ongoing efforts to manage the volatility of its currency amidst growing global economic uncertainties.
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