Monday, April 30, 2012

General Motors in Talks with Isuzu on Acquiring a 10% Stake


It has been three years since General Motors sold back its stake in Japanese car and truck manufacturer Isuzu after the Detroit company went into bankruptcy in 2009, though the two automakers never terminated their collaboration as evidenced by the new Chevrolet Colorado and the latest Isuzu D-Max pickup trucks.

Now we learn from Reuters that GM is interested in entering a new capital tie-up with Isuzu, reportedly to launch joint projects for commercial vehicles in Asia as well as Central and South America.

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