Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Federal Executive Forum
- Federal Tech Talk
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- The New Generation of Database
- Satellite Communications: Acquiring SATCOM in Tight Times
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- Value of Health IT
Shows & Panels
GM, Isuzu to develop new pickup trucks
Thursday - 1/10/2013, 12:07am EST
TOKYO (AP) - Isuzu Motors Ltd. and its former shareholder General Motors Co. said Thursday that they plan to jointly develop new pickup truck models, reviving cooperation with an eye to fast-growing emerging markets.
Isuzu and GM issued statements Thursday announcing the cooperation but gave no details.
Tokyo-based Isuzu, a mid-sized automaker specializing in small trucks, commercial vehicles and diesel engines, produces pickup trucks in Thailand and is relatively strong in Southeast Asia.
GM and Isuzu first formed an alliance in 1971. GM acquired a 49 percent share of Isuzu in 1999 but dropped that share to 12 percent in 2003. In 2006, GM sold its remaining 7.9 percent share to two Japanese trading companies for $300 million.
News of the plan bumped Isuzu shares 3.8 percent higher on Thursday.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)