Isuzu Motors Limited has developed a new mid-term business plan through March 2018 which calls for further expansion of the company’s growth strategy propelled by two operations of engineering, sourcing and manufacturing, and of aftersales.
The Japanese carmaker will focus more on “involvement in distribution business” and “enhancement of aftersales business”, tasks carried over from the previous mid-term business plan.
The plan sets forth six initiatives and by pushing for these, Isuzu aims to increase its global presence:
- Push for global three plus two core business organisations;
- Boost product portfolio and technology;
- Expand aftersales business in emerging countries while refining business model in advanced nations;
- Move marketing function closer to markets;
- Link two operations of engineering, sourcing and manufacturing, and of aftersales;
- Lay a corporate foundation in support of next generation.
Isuzu also set the targets of global shipment in FY2018 of 380,000 CV units (331,000 units in FY2015) and of 440,000 LCVs (338,000 units in FY2015) as it aims for steady growth and expansion of its business.