First Subaru now Isuzu: Toyota Buys up Interest in Former GM Holdings

Toyota Motor Corp. said on Tuesday it would buy a 5.9 percent stake in Japanese truck maker Isuzu Motors Ltd. for 44 billion yen ($372.7 million) as part of a broad tie-up to develop low-emission diesel and other engines.

The move comes as auto makers around the world race to come up with advanced technology to meet ever-tighter standards for emissions and fuel economy, with many forming operational alliances to sharpen their competitive edge.

It also marks a recognition by Toyota, which has been trying to steer the industry towards gasoline-electric hybrids, that it urgently needs a broader line-up of diesel cars as consumers seek to get more mileage out of expensive fuel.



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XYZZ - 11/8/2006 1:53:59 AM

+2 Boost

THAT would be the ultimate combo.

however, it would have to wait for for further lowering of the hybrid AND diesel "premiums."

thecar - 11/7/2006 2:47:09 PM

+2 Boost

Hino is the king =p

Homer008 - 11/8/2006 9:34:32 AM

0 Boost

arogant European Companies is very correct. They already are bolstering that their 2 stage Hybrid (?) well knock the socks off of Japanese Counterpart and it hasn't even comeout to the market yet. A pinnacle of the arrogance.

sheepdog