Qingling Motors says Isuzu considering raising stake

Newswire

HONG KONG, April 28 (Reuters) - Qingling Motors Co. Ltd. said on Thursday its strategic shareholder, Japan's Isuzu Motors Ltd , was considering raising its stake in the Chinese light truck maker. Isuzu currently holds more than 5 percent of Qingling. Qingling said they were in the preliminary stages of commmunications and no terms have been determined. It gave no further details. Shares of Qingling, which mainly makes commercial trucks under the Isuzu brand, have risen 50 percent in ...

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