Latest Automotive News

Subscribe in a reader

GM And Isuzu Establish New Partnership To Focus On Commercial Vehicles In Colombia

Email   small font medium font large font

General Motors Corporation and Isuzu Motors Limited announced their new joint venture, GM-Isuzu Camiones Andinos de Colombia Ltda., today. The purpose of which is to strengthen their strategic partnership and expand their truck and bus sales in Colombia.

The joint venture builds on the long-standing partnership that GM and Isuzu have enjoyed in the region by establishing a company that is dedicated to the marketing, sales, service and after-sales of commercial vehicles. The new partnership is the successful result of a 2007 agreement that studied the potential of a JV and will focus on strengthening the leadership that GM and Isuzu have built in this segment.

“This agreement demonstrates our commitment to commercial vehicles and will serve to strengthen the leadership of Chevrolet buses and trucks that are Isuzu sourced for the Andean region. It will also continue to enhance the solid and close relationships we have with our clients” said Pablo Ross, President and Managing Director of GM Andean Region.

Yoshinori Ida, Chief Executive Officer of Isuzu Motors Limited said, “With this groundbreaking joint venture in Colombia, which recently began operations, GM and Isuzu have all the strengths needed to increase the truck and bus business in the region and enhance customer satisfaction. Our objective will be to capture the number one position in all segments where we operate, offer the highest customer satisfaction, and become the industry standard”.

This partnership is another example of how the global advantages of two companies can combine to the benefit of both; Isuzu as a leader in commercial vehicle technology development that has global knowledge in the transportation sector; and GM with its extensive experience and resources in the Andean region, including dealerships, high quality standards, aftersales and service, and the leadership of the Chevrolet brand.

Maureen Kempston Darkes, President of GM Latin America, Africa and Middle East and GM Group Vice President said, “We are honored to celebrate another strategic partnership between GM and Isuzu. This agreement further demonstrates our continued commitment to each other and marks another milestone in our history of global cooperation”.

With this agreement, GM and Isuzu will aggressively promote sales and increase the market share of N-Series and F-Series commercial vehicles that are developed by Isuzu in Japan, manufactured by GM Colmotores and sold in the Andean Region. The vehicles will be sold under the Chevrolet brand and will feature a “Technologia Isuzu” sub-brand.

Receive the latest automotive news by email!

Enter your email address:

Related news
Japanese truck maker Isuzu Motors Ltd. is freezing its plans to build a new factory in North America over economic concerns raised by the U.S. home loan crisis, a news report said ...
General Motors Latin America, Africa and Middle East (GM LAAM) region set an all-time CYTD record in 2007, selling 1,235,913* vehicles, up 200,600 units over 2006. GM’s volume increase of 19.4 percent for ...
The automaker Daimler AG said Friday it has agreed to form a joint venture with India's Hero Group that will build commercial trucks for the burgeoning market in India. Terms of the agreement ...
MILAN, Italy (AP) _ Fiat Group Automobiles SpA announced Tuesday that it has signed a letter of intent to create a joint venture with Russia's Severstal Auto to build and sell Fiat ...
MILAN, Italy (AP-CP) _ Fiat is forming a joint venture with Russia's Severstal Auto to build and sell Fiat brand cars and commercial vehicles in Russia. The deal was announced on the sidelines ...
Tata Motors will reduce the prices of its small cars and commercial vehicles (including buses, bus chassis and bus body), in view of the reduction of excise duties announced in the Union ...
SEOUL, South Korea (AP) _ Hyundai formed a partnership with German chipmaker Infineon Technologies AG to jointly develop automotive electronics, South Korea's largest automaker said Friday. Under the agreement, the ...
Business Customers Can Use Less Gas, Go Green and Still Get the Job Done ...

Best Investment Newsletter

- 46% in 2008

- invest in the best performing US stocks only and sell them when the uptrend is over

- very easy to follow, simple buy/sell signals

- no need to have investing or trading experience

Find More Now!

GM And Isuzu Establish New Partnership To Focus On Commercial Vehicles In Colombia
> © 2006-2017 except where otherwise noted