GUANGZHOU — Isuzu Motors Ltd. and Guangzhou Automobile Group seal a deal on a joint venture to produce and sell medium-size and large buses. Reports say that Isuzu, a leading Japanese maker of heavy trucks and sport/utility vehicles, will hold a 49% stake in the venture while Guangzhou Automobile will own the remaining 51%. The venture, most likely to be officially established in February, is expected to be capitalized at US$30 million. Officials reportedly say that the JV will produce ...
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