Archive for the ‘Isuzu’ Category

GM cuts loose Isuzu

Tuesday, April 11th, 2006

Reports are that GM has sold its
7.8% stake in Isuzu Motors to a group of investment partners and strategic shareholders in the Japanese
manufacturer of passenger cars, commercial vehicles, and diesel engines. The deal will put about $300M in GM’s pocket,
and will still allow business relationships between the two companies to continue. Those include the manufacturing of
light [...]

General Motors looking to sell off Isuzu truck interest to Mitsubishi

Thursday, March 30th, 2006
General Motors looking to sell off Isuzu truck interest to Mitsubishi

Word ’round the 2006 General Motors Divest-Fest campfire is that the automaker’s stake in Isuzu is
likely to be the next to go. GM is reportedly plying its stake in Japanese truck manufacturer Isuzu Motors Ltd. to
Mitsubishi Corp. and Itochu Corp. A spokesman from Mitsu indicates that the proposal has indeed been tendered, and that
the company [...]