Struggling truck maker Isuzu now expects a consolidated net loss of 43 billion yen ($US337 million) for the financial year ended on March 31 compared with the 25 billion yen loss it estimated in November.

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Isuzu is blaming poor sales in Japan, weak export earnings, and tough conditions in the US due to high-cost incentives.


The company has denied reports in Japan that it was planning to sell its diesel engine business and that GM was planning to increase its 49% stake in the company.

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