Dive summary:
- GM and Isuzu are expected to formalize an agreement before the end of January to "co-manage" their pickup truck businesses.
- The thinking is that GM wants to get in on Isuzu's market in Southeast Asia and wants access to the Japanese company's diesel engines.
- Isuzu is reported to be interested because a joint effort would reduce its cost of developing new technologies because of GM's larger capabilities in that area.
From the article:
The companies, which worked together on trucks such as the GM Chevrolet Colorado mid-size pickup, sold as the i-Series by Isuzu, still cooperate in some areas. ...