Chennai, 09, February 2016
Isuzu Motors India (IMI), a subsidiary of Isuzu Motors Limited, Japan, has announced a key change in the management w.e,f February 14, 2015. Mr. Hitoshi Kono, General Manager, Isuzu Asia Dept, Isuzu Business Division will succeed Mr. Shigeru Wakabayashi as Deputy Managing Director of Isuzu Motors India. Mr. Shigeru Wakabayashi will assume the role of Division COO, Isuzu Business Division, Mitsubishi Corporation, Japan. The changes in the management is as per the business plans of the company.
Mr. Wakabayashi has been instrumental in driving the ‘ISUZU’ brand into India. The project which started in August 2012 has crossed many milestones including the launch of ISUZU D-MAX pick-up and MU-7 SUV, dealership expansion and setting up a new manufacturing plant for ISUZU in India. Mr. Wakabayashi helped ISUZU in building its foundation in India and establishing the organisation. Under his leadership, ISUZU has significantly increased its footprint in the market with its world-class products. Some of his key achievements include setting up the ISUZU business plan for India and successfully driving the initial phase of ISUZU operations. He has played an important role in liaising with the Andhra Pradesh government in setting up ISUZU’s new manufacturing plant at Sri City.
Mr. Shigeru Wakabayashi said, “It has been a very interesting journey so far in India and I am very happy to see Isuzu Motors India come across many milestones since inception. Isuzu has made rapid inroads into the market in a short period of time. The team at Isuzu Motors India has been aligned with the company objectives and are fully geared up to step into the next crucial phase of operations with best-in-class, customer-oriented products and services. I will continue to support the Indian operations in my capacity as Division COO of ISUZU at Mitsubishi Corporation. I wish Mr. Hitoshi Kono and the team ISUZU in India the very best and I do believe, ISUZU will soon become a key player in the Indian passenger and commercial vehicle market.”
Mr. Naohiro Yamaguchi, Managing Director, Isuzu Motors India, said, “Mr. Shigeru Wakabayashi has played an important role in the progress of the company. Under his guidance, ISUZU has achieved significant milestones across various aspects of the business. He has played an active role in interacting with customers to understand their requirements. I appreciate his valuable inputs to the ISUZU team in achieving the business goals of the company. Mr. Hitoshi Kono comes with a rich experience in distribution and marketing of ISUZU products in Australia and other key emerging markets of ISUZU. I wish both the gentlemen the very best in their new assignments”
Mr. Hitoshi Kono, said, “I am extremely happy to be a part of the ISUZU India team. Mr. Wakabayashi has set a strong tone for the future of ISUZU in India and I take over the challenge with excitement. The project has been progressing well and we are now entering a most critical launch phase of our ‘Made in India’ products. I am confident that ISUZU will make great strides in India.”
Mr. Kono has an experience of over three decades across various global markets. He was responsible for ISUZU Asia Department at Mitsubishi Corporation, Japan, in his earlier role. He was instrumental in establishing ISUZU UTE Australia in January 2008 to import and distribute the ISUZU D-MAX in Australia.
About Isuzu Motors (India)
Isuzu Motors Limited, Headquartered in Tokyo, Japan is a global manufacturer of light, medium and heavy commercial vehicles, utility vehicles and diesel engines. With operations in 25 countries, selling in more than 100 countries worldwide, the company is a leader in pick-ups and pick-up based derivatives in many markets. The company manufactures and sells over 6 lakh units annually across the world.
The company sells the popular ISUZU D-MAX range of pick-ups and MU-7 (SUV) in India. Isuzu Motors India unveiled India’s first “Adventure Utility Vehicle” – ISUZU D-MAX V-Cross at the Auto Expo 2016.
Isuzu Motors India Private Limited (IMI), a subsidiary of Isuzu Motors Limited, Japan, was established in August 2012 in Chennai, Tamil Nadu. Headquartered in Chennai, the company will commence operations at its new manufacturing plant located at SriCity, Tada, Chitoor District, Andhra Pradesh in April 2016, with the initial production capacity at 50,000 units/year. IMI will scale up the production capacity to 120,000 units/year, with the accumulated investment of Rs. 3,000 Crore, and is expected to generate 2000 – 3000 jobs. The company will set up dealership outlets across the country and plans to operate around 160 dealer outlets by 2020.