Isuzu Motors Ltd. reports its fiscal first-half profit increased 44% over the same period a year ago, the same day it announces trading firm Mitsubishi Corp. is buying 11.75 million shares of the auto maker’s preferred stock, valued at ¥9.4 billion ($91 million). Mitsubishi now will own 0.3% of Isuzu, which is owned 10% by General Motors Corp. Isuzu President Yoshinori Ida reportedly has requested GM invest more in the auto maker, but The Detroit News quotes a GM spokesman as saying ...
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