Isuzu mulls enhancing ties with GM in S. America

Wed. June 24, 2009; Posted: 10:26 AM

TOKYO, Jun 23, 2009 (Kyodo News International - McClatchy-Tribune Information Services via COMTEX) -- ISUZY | Quote | Chart | News | PowerRating -- Japanese truck builder Isuzu Motors Ltd. is considering enhancing its business ties with embattled U.S. auto giant General Motors Corp. for increasing supply of truck parts in the South American market, Isuzu officials said Tuesday.

It is the first time a business support measure for GM by a Japanese automaker has come to light since the U.S. carmaker filed for bankruptcy June 1.

According to Isuzu, the Japanese maker is in talks with GM to increase its supply of parts for middle-sized trucks in GM-operated factories in Colombia, Ecuador and Venezuela.

Isuzu's plan is aimed at expanding its business in South America while assisting the ailing U.S. automaker, the officials said.

In 2007, Isuzu and GM agreed to boost cooperation in commercial vehicle business in South America.

At the same time, Isuzu will partially stop supplying diesel engines to GM as the U.S. carmaker is expected to pull out of the middle-sized truck business in North America, the officials added.

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