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Isuzu to Venture with Toyota on Engine Production

Japan's Isuzu Motors Ltd. said Thursday thatA Toyota spokesman said that the details have
it is considering a set up in a joint venturenot been finalized on the diesel engine joint
to produce diesel engines with Toyota Motorventure.
Corp. as part of the tie-up which was
announced  by  the  two  firms  last  year.More  information  on  Toyota
The truck maker and the world's number oneToyota Motor Sales (TMS), U.S.A., Inc.,
car maker have been discussing details ofannounced the one-millionth hybrid sale in
their alliance in development and productionJuly 7 by parent company, Toyota Motor
of diesel engines since they formed theCorporation. Of the one million hybrid sales
tie-up.around the world, over 50 percent have been
sold in the United States -- 541,210 units
An Isuzu spokesman said that putting up afrom  2000  through  April  2007.
joint production venture is one option which
the two auto makers are looking at. However,In May, TMS posted sales of 36,101 hybrid
they  are  also  considering  other  options.vehicles, a whopping 102 percent increase
over last May. Toyota Division posted sales
The latest comments were aired after Isuzuof 34,174 hybrids, an even more surprising
said last December that building a new diesel121 percent increase over the same period
engine plant with Toyota was one option. Thelast year. Lexus Division posted sales of
Isuzu spokesman said that the two auto makers1,927  hybrids.
may be open for the details of their alliance
by  the  end  of  August.TMS is the maker of quality Toyota oxygen
sensors.
The industry leader in the gasoline-electric
hybrid vehicle market, Toyota, is seeking toInformation  on  Isuzu
improve its fuel-efficient and low-emission
technologies by tying up with Isuzu, which isSince its first truck was introduced in 1918,
a  major  developer  of  diesel  engines.Isuzu has been a pioneer in the manufacture
of vehicles and engines for industrial and
With the soaring prices of gas, dieselcommercial use. Today Isuzu is leading the
engines are attracting interest because theyworld in the production of reliable
are almost 20 percent to 30 percent more fuelmedium-duty trucks and is famous around the
efficient than gasoline engines. About 50world for its expertise in engineering, from
percent of the vehicles sold in Europe arediesel  engines  to  pickups  to  SUVs.
powered  by  diesel.
IntelliChoice recognizes Isuzu's whole 2006
Aside from making diesel engines for its ownlineup as among the best in their class for
vehicles, Isuzu also supplies such engines tolow  costs.
U.S.  auto  titan  General Motors Corp. (GM).
Isuzu cars will be present in 6 auto shows
Last year, Toyota took a 5.9 percent stake infor this year: Orange County, San Antonio
Isuzu. The team up came after Isuzu dissolvedInternational, Central California, South
a capital tie-up with GM, which is trying toFlorida International, Tampa Bay
reorganize  its  business.International, and at the Arizona
International.



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