General Motors Corp. is raising its stake in Japanese truckmaker Isuzu Motors Ltd. to 49% from 37.5%. The move is slated for March 2, when Isuzu will issue 232.5 million new company shares to GM for US$450 million. Isuzu says it will use the proceeds for investment and to pay off debts. The announcement comes less than a week after the two said they would jointly build a US$320 million plant in Ohio to make diesel engines for GM pickup trucks. Isuzu is the second Japanese automaker in ...

Premium Content (PAID Subscription Required)

"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Amber McLincha by email: or phone: (248) 799-2622

Current subscribers, please login or CLICK for support information.

Already registered? here.