(Recasts throughout with announcement, revision) By Takaya Yamaguchi and Chang-Ran Kim TOKYO, Oct 25 (Reuters) - Debt-strapped Japanese truckmaker Isuzu Motors Ltd said on Friday it had received final agreement from its banks on a financial aid package it requested in August, including around $800 million in debt-equity swaps. But the troubled truckmaker also slashed its earnings forecasts for the year to March, saying it now expected to fall deep into the red for the fourth straight ...
Premium Content (PAID Subscription Required)
"UPDATE 2-Isuzu gets final OK on lifeline, slashes forecasts" 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!
Current subscribers, please login or CLICK for support information.