Isuzu Motors Ltd. will team up with a local conglomerate to create a joint venture in Malaysia to import, assemble and sell its light-commercial vehicles. Isuzu Malaysia Sendirian Berhad will be majority owned by DRB-HICOM Berhad (49%), with Isuzu Operations (Thailand) Co. Ltd. taking a 32.6% stake and Isuzu Motors Asia Ltd. holding 18.4% of the new JV. The Isuzu Malaysia JV will be capitalized at 25 million ringgitt ($6.6 million). The first vehicle launched by the JV will be the Isuzu ...
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