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Article: Isuzu and Toyota Sign Basic Agreement on Business Collaboration; Toyota Motor Corporation to Purchase Shares of Isuzu Motors Limited.
- Article from:
- JCN Newswires
- Article date:
- November 7, 2006
CopyrightCOPYRIGHT 2006 Japan Corporate News Network K.K. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Tokyo, Japan, Nov 7, 2006 - (JCN Newswire) - Isuzu Motors Limited (TSE: 7202) and Toyota Motors Corporation (TMC; TSE: 7203) announced today that they have signed a memorandum of understanding stating they will start studying the synergic effects of business collaboration. In the collaboration, the two companies seek to mutually utilize their management resources in the fields of research & development and production, and to supplement each other's technological development.
About Isuzu Motor Limited
Isuzu Motor Limited was established in 1937. Isuzu's principal activities are the manufacture and distribution of automobiles and motor vehicle parts and ...