Suzuki was founded in 1909 by Michio Suzuki, under the Suzuki Loom Works moniker. Back then, the company was headquartered in the small seacoast village of Hamamatsu, Japan, from where it supplied weaving looms to the country's booming silk industry. Two decades later, in 1929, Michio Suzuki came up with a new weaving machine design, which he sold overseas. For 30 years, Suzuki's single business was building and selling these machines. Come 1937, Michio Suzuki was looking at ways to diversify the business and helped by the consumer demand, decided the brand's new product would be a small car. R&D took two years and the result was a vehicle powered by a liquid-cooled, four-stroke, four-cylinder engine that had a cast aluminum crankcase and gearbox, capable of churning out 13 horsepower from a displacement of just under 800 cubic centimeters. Suzuki's next stint brought the company's first motorcycle - essentially a bicycle fitted with a motor. But by 1954, Suzuki was churning out 6,000 bikes every month and was now called the Suzuki Motor Company. Between 2009 and 2015, 19.9 percent of Suzuki Motors was owned by VW AG. The company's current range comprises models such as the Vitara, Jimny, Swift, and SX-4 S-Cross.