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Article: Isuzu Motors Ltd. to build trucks in U.S. in joint venture.
- Article from:
- PR Newswire
- Article date:
- May 20, 1986
CopyrightCOPYRIGHT 1986 PR Newswire Association LLC. 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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>U F % TO BUSINESS DESK AND AUTOMOTIVE EDITOR:
ISUZU TO BUILD TRUCKS IN U.S. IN JOINT VENTURE
LOS ANGELES, May 19 /PRNewswire/ -- Isuzu Motors Ltd. has announced that it, in conjunction with Fuji Heavy Industries, will produce light pickup trucks and Trooper II sports utility vehicles at a U.S. plant to be in operation by the end of 1989.
The companies will invest about $480 million to build the production facility, which will also build Subaru four-wheel-drive sedans and station wagons.
Isuzu will own 49 percent of the venture; Fuji will hold 51 percent of the company and will nominate the chief executive officer and oversee ...