The Brazilian subsidiary of Suzuki Motor Corporation has refused to supply any information on the kidnapping of its top executive in the country, Kyodo News reported.

Suzuki Brazil president Kiyoshige Ishii was kidnapped on Sunday in the outskirts of Sao Paulo, an industrial city in the southeast. Ishii was released 26 hours later after paying a $US30,000 ransom, the police station investigating the case told Kyodo News.


Company employees, including those at its press office in Brazil, have said that they cannot comment on the case under any circumstances and that phone lines to the company president’s office have been reportedly disconnected, the news agency added.


Read a related news item here.







To view related research reports, please follow the links below:-


The world’s car manufacturers: A financial and operating review

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

The automotive industry in Latin America: Mexico, Brazil and Argentina Forecasts to 2005



Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now