GM looking to sell off Isuzu truck interest to Mitsubishi

Filed under: Trends, Plants/Manufacturing, Commercial Trucks, GM, Isuzu, Mitsubishi

border="1" alt="" />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 is apparently regarding it with favor.

GM and Isuzu have had a longstanding relationship dating back to 1971, and the two presently build diesel
powerplants both Stateside and in Poland, along with cooperative pickup manufacturing in southern Thailand.

[Source: Bloomberg News]

 

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