JAPAN: Isuzu to cut back GM joint venture - Nikkei
The newspaper reported Isuzu plans to halt further development because of the slump in Europe, and it also wants to cut its workforce in the region by around 10%.
Neither automaker commented on the future of the engine development although Isuzu denied it was pulling out of the venture or was cutting its workforce in Europe.
GM once owned almost 50% of Isuzu before selling its stake.
New to QUBE in the last quarter, this report has been extracted from QUBE and provides a comprehensive overview of the global light vehicle engine technologies sector, major suppliers, top markets, te...
A mixed week of mostly good news, industry niggle in France and financial woes at PSA excepted. Ford booked a healthy US$5.7bn full year net profit for 2012 - our resident commentator weighed in on th...
Details of concepts and new models which made their global debuts at the Geneva motor show on media preview days 5 and 6 March....
General Motors will spend $200m at its global powertrain engineering headquarters to build a new 138,000 sq ft test wing, expected to be completed during the second half of 2014....
- What does 'Brexit' mean for the auto sector?
- And so Brexit begins - The Week That Was
- The self-driving Volvo is getting closer
- Active suspension systems - briefing
- Toyota finally makes an economical Prius
- "No trade barriers" says FKG amid Brexit fallout
- 'Business as usual,' says Tata's Jaguar Land Rover
- VDA warns against post-Brexit customs barriers
- Aston Martin lost GBP127.9m in 2015
- Sales pessimism, production optimism, post-Brexit