General Motors is in talks about the possible sale of its stake in Japanese sports utility vehicle maker Isuzu
. GM currently holds about 8% of Isuzu's stock, worth an estimated 38 billion yen ($320m). If this isn't the kiss of death for Isuzu car business here in the USA, I don't know what is. It's a shame, as I always thought Isuzu put out a good product, or at least they used to, when Isuzus were, well...
ateixeira says:
11:11 AM, 03/31/06
Question is, who would buy it? There's nothing left but a few unhappy dealerships selling rebadged GMCs.
GM got the Duramax they wanted, and basically disposed of the rest of Isuzu.