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Which automaker's 84-year-old CEO is making investors nervous?

We haven't heard much about Suzuki since it decided to leave the US market in 2012, but things are going well for the little automaker these days with the recent announcement of record annual profits. It would seem that investors should be ecstatic, but they are starting to question the man at the helm. Company president and chairman Osamu Suzuki is now 84 years old and is guaranteed at least one more year as the leader, but shareholders want to know who is taking his place when the inevitable happens.
We're not being ageist, here. As long as the Suzuki can run the company to the satisfaction of investors, he absolutely deserves the top spot. According to Bloomberg, the issue making shareholders so edgy is that the business doesn't have a transition plan in place. The president obviously isn't a young man, and folks are worried that if something happens suddenly, there could be chaos deciding a successor and a free-falling stock price.
Suzuki's tenure at the company is somewhat astounding. He married the granddaughter of the founder and took her name because the family had no male heirs. In world where many people hope to retire as soon as possible, he's worked for the same automaker for the last 50 years, including stints as company president from 1978 to 2000 and 2008 to the present. Investors aren't questioning the president's ability as a business leader; they just want a clearer understanding of the automaker's future direction.

Suzuki's next Jimny won't veer too far from The Way Of The Samurai

Suzuki might be gone as an automaker in the US, but the brand is still driving along in other parts of the world. In fact, it even has new products in the pipeline and among them is a replacement for the venerable Jimny compact SUV (better known as the Samurai in America). The last all-new Jimny hit the market back in 1998, but the little SUVs have grown quite a cult following, especially in the UK. Farmers love them because the compact vehicles can go just about anywhere, thanks to a relatively high ground clearance, small size and four-wheel drive. With the new generation due in 2017, according to Top Gear, that's nearly 20 years of hard work for this off-roader. Though, Suzuki refreshed the Jimny slightly for the 2013 model year (pictured above) across the pond with a revised front end. Don't expect the future iteration to go soft, though. Unlike the similarly long-lived Land Rover Defender, which is rumored to be a bit friendlier in its next generation, Suzuki wants keep the model's abilities as capable as possible, while adding some modern assistance systems. "The next Jimny will be an evolution. It will follow the same recipe. When you see it you'll know it's a Jimny," said the automaker's UK sales boss Dale Wyatt to Top Gear. "If you were a sheep farmer in the Scottish hills you'd see the car is perfect; no argument to change it." If all these promises about the future come true, we might get to hear about the Jimny driving around the world or pulling a huge truck out of the snow for many years to come.

Renault appoints Dacia Logan creator to head its Nano-rival program in India

After watching the Tata Nano post sales numbers smaller than its engine displacement, Renault gave up on its much publicized intention to build a truly inexpensive car to rival it. Then, a month ago, reports emerged that Renault was resuming work on a couple of low-priced cars for emerging markets, but this time it would work with its in-house partner, Nissan. That plan envisions an offering for €3,000 ($3,888 US) and another for €5,000 ($6,400 US), both of which would be more spendy than the Nano but might avoid the charge of being cheap - and nasty - and instead be considered affordable.
A report in Reuters talks to the man in charge, Gerard Detourbet, who has been in Chennai, India since at least August working on the program. Detourbet led the Dacia Logan project and is considered "Renault's low-cost car specialist" and "the father of entry-car programs." This one is reportedly codenamed A-Entry and will create a "'sub-entry' architecture" that will provide roominess beyond the vehicle's price and class, and use an engine with a displacement of 800 cubic centimeters.
It isn't aimed at the Nano, though - it means to take on the products that make up 45-50 percent of India's car market, like the Maruti Suzuki Alto and Hyundai Eon. According to Reuters, out of the 2.6-million-strong Indian car market the Maruti Suzuki line-up alone nabs one million registrations annually. The Alto 800 begins at 244,000 rupees ($4,440 US), the Eon at 300,000 rupees ($5,559 US), the Chevrolet Spark at about 316,000 ($5,750 US); if Renault can nail its price targets it will just about bracket those three and be right in the game.