Commentary: India's Self Destructive Scrap With SuzukiAmy Louise Kazmin
Things have gotten ugly in India for Suzuki Motor Corp. Its lucrative 50-50 venture with the government, which is called Maruti Udyog Ltd. and sells 80% of India's cars, needed a new managing director. The government made the decision itself, telling Suzuki just 30 minutes before a board meeting to approve its choice. Suzuki complained that the government's pick, R.S.S.L.N. Bhaskarudu, is not fit to run a big car company. But instead of trying to smooth things over, Industry Minister Murasoli Maran insisted that Suzuki's contract gave the government absolute say in the matter. If the Japanese carmaker didn't like it, he said, it could get out.
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