General Motors May Sell Midsize Truck Production to Isuzu Motors
Read 13,666 TimesPosted Sep 22, 2008, 8:00 ET by Jason
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More in: Diesel, General Motors, Isuzu

General Motors Corporation is speaking with Isuzu Motors over the sale of their mid-size truck production, which constitutes most of their truck business, for a reported "tens of billion of yen". Isuzu responded with (they) "would consider an offer positively". Last month GM's tentative agreement with Navistar International Corp had expired, ending without a deal closed between the two companies. In response to GM's offer, Isuzu may also bid on DMX ltd, a diesel engine company in Ohio. No further details have been reported. Referred by Forbes.




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