, Shizuoka Prefecture , by Michio Suzuki. 1920 - Reorganized, incorporated, and capitalized at 500,000 yen as Suzuki Loom Manufacturing Co. with Michio Suzuki as president . 1952 - 'Power Free' motorized bicycle marketed. 1954 - Company name changed to Suzuki Motor Co.,Ltd. 1955 - Lightweight car 'Suzulight' (360cc, 2-stroke )