General Motors and Isuzu Motors Ltd. will get together for another joint venture to start developing new pickups together for emerging markets. The JV, called LCV Platform Engineering Corp., has worked together successfully before on pickup development and production, and despite GM having sold off much of its Japanese investments (Isuzu, Suzuki, Subaru, etc.), the company says the work it has done with Isuzu to develop and produce pickups should continue due to its success in the past.
LCV Platform Engineering Corp. is a 50-50 joint venture between General Motors and Isuzu based in Fujisawa, Japan. The arrangement and accompanying facilities should be ready to go in September of this year.
[Source: Associated Press via the Detroit Free Press]