9.19.2008

GM may Sell Truck Business to Isuzu

'General Motors is in talks to sell its commercial truck operations to Japan's Isuzu Motors, according to a media report.
Nikkei Net Interactive reports the deal, if realized, would represent the first acquisition by a Japanese carmaker of a U.S. big three automaker's business.
GM was expected to sell its midsize-truck operations for several tons of billion yen. Isuzu has told GM it would consider an offer positively, according to the report.
Isuzu, however, said it hasn't received an offer, Reuters reports.'

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