Comprehensive foreign reports, GM will cooperate with Japan Isuzu in the field of light commercial vehicles to jointly develop the next generation of pickups.
Reuters disclosed that General Motors and Isuzu will sign a memorandum to expand the scope of cooperation and negotiate on joint development of the next generation of pickups. Isuzu’s current cooperation with General Motors is mainly to provide diesel engines for diesel engines supplied by GM’s Opel brand Astra, Corsa and Meriva. For this reason, Isuzu established a joint venture subsidiary with General Motors in 1999 and holds a 40% stake in the company.
General Motors once held a 49% stake in Isuzu. In 2012, foreign media reported again that GM hopes to re-acquire the Isuzu shares, but Isuzu stated that it will remain independent.
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