Isuzu bus project approved GUANGZHOU — Isuzu Motors Ltd. gains government approval to proceed with its luxury bus-making joint venture. The JV, Guangzhou-Isuzu Bus Corp., totals US$30 million, with Guangzhou Automobile Group contributing 51% of the registered capital and Isuzu providing the remaining 49%. Officials say the JV, which will make some 1,200 luxury buses annually, should be operational in a year. The buses are meant to cater to a growing tourist market in South China. Citroen ...
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