A GM-Isuzu Pickup Truck in Your Driveway?

by Nate Wooley | January 10, 2013 10:27 am

A GM-Isuzu Pickup Truck in Your Driveway?

gm A GM Isuzu Pickup Truck in Your Driveway?[1]Two automotive giants, General Motors (NYSE:GM[2]) and Isuzu (PINK:ISUZY[3]) will soon be in discussions to build a truck together.

GM released a statement Wednesday confirming the talks will occur, Reuters reports[4], though it didn’t offer any details about the project or its timing. A report in the Japanese press says an agreement will be signed later this month in a meeting between the heads of the two companies.

The companies will team up to produce a new, modern pickup truck. The firms have worked together on such products in the past, notably producing Chevy’s Colorado line of pickups, which Isuzu sold as the “i-Series”

Also, they may expand the discussions to include whether GM will purchase a stake in the Japanese carmaker. GM has in the past held as much of 49% of Isuzu but over time divested its stake. A GM spokeman had no comment for Reuters about it.

More stories about automakers:

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2011/01/gm.gif
  2. GM: http://studio-5.financialcontent.com/investplace/quote?Symbol=GM
  3. ISUZY: http://studio-5.financialcontent.com/investplace/quote?Symbol=ISUZY
  4. Reuters reports: http://www.reuters.com/article/2013/01/09/gm-isuzu-truck-idUSL1E9C97DC20130109
  5. December Auto Sales Pop; Now, a Cautious Eye Toward 2013: http://investorplace.com/2013/01/december-auto-sales-pop-now-a-cautious-eye-toward-2013/
  6. New Camaro Will Be Made in America: http://investorplace.com/2012/12/new-camaro-will-be-made-in-america/
  7. 7 Nominees for Best Car of 2013: http://investorplace.com/2012/12/7-nominees-for-the-best-car-of-2013/

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