Isuzu Motors Ltd. confirms plans to sell off its 49% stake in its Lafayette, IN, manufacturing joint venture with Subaru-owner Fuji Heavy Industries Ltd. The move is part of Isuzu’s broader restructuring plan, which aims to return the SUV specialist to profitability. (see related story: Fuji, Isuzu Discuss Fate of Lafayette Plant) Under the terms of the sale, expected to be complete early next year, Subaru-Isuzu Automotive Inc. will continue to build the Isuzu Rodeo, Rodeo Sport and ...
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