Extreme Terrain
4x4Wire Trail Talk Forums: Jeep, Toyota, Mitsubishi, Pajero, Isuzu, Kia, 4WD, 4x4, SUV, Off-Road and OutdoorWire Forums


Previous Thread
Next Thread
Print Thread
Rate Thread
Page 10 of 10 1 2 8 9 10
Re: Isuzu Corporate News Thread (Company News) [Re: Wayne] #650213 01/14/08 08:50 PM
Joined: Dec 2001
Posts: 2,652
W
Wayne Offline OP
Roll Me Over
Automotive News, Jan 11. Just the part that applies to Isuzu:
http://www.autonews.com/apps/pbcs.dll/article?AID=/20080111/ANA02/222138618
Last month Nissan CEO Carlos Ghosn said Nissan and Chrysler had begun to discuss product-sharing options. Ghosn has made no secret of his desire to align Nissan and Renault SA, where he is also CEO, with a North American vehicle manufacturer.

Over a year ago, Nissan and Renault broke off talks with General Motors over a comprehensive three-way alliance. Ghosn has said Nissan and Renault still could seek a U.S. partner.

Nissan sold 79,443 Versas in the United States in 2007. The car, which comes in sedan and hatchback models, was introduced in 2006.

Nissan has similar OEM arrangements with other automakers. It buys and rebadges commercial vehicles from Mazda and Isuzu and minicars from Mitsubishi and Suzuki. In reverse, it sells commercial vehicles to Isuzu and minivans to Suzuki.

In 2008, Nissan will build a mid-sized pickup for Suzuki at Nissan's factory in Smyrna, Tenn.
----------------------------------------
I agree it's weird. They keep expanding dealerships while not offering any new products.
http://www.autonews.com/apps/pbcs.dll/article?AID=/20080114/ANA06/801140338/1078

For some dealers, Isuzu franchise is a nice addition
Kathy Jackson and Ryan Beene, Automotive News, January 14, 200

LOS ANGELES ù Isuzu may be on the way to extinction in the United States, but its surprise effort to recruit dealers has turned up some enthusiastic takers.

Probably no brand this decade has fallen as far and as fast as Isuzu. Sales have plunged from more than 100,000 in 1999 to just over 7,000 in 2007.

Dealers averaged fewer than three sales per month in 2007. The product lineup is puny, only two rebadged General Motors vehicles, and nothing, apparently, is in the pipeline.

Some retailers say Isuzu is deliberately forcing dealers to quit, by starving them of new product, so it can pull out of the U.S. light-duty market.

Yet, amazingly, Isuzu Motors America last year said it was on the prowl for new stores. Company executives identified 40 markets where the brand is not represented or is underrepresented and said they planned to sign 40 to 50 new dealers.

Isuzu has signed 13 new dealers since it began its push to add retailers in late 2006, according to spokesman Chip Letzgus. Still, the total number of U.S. Isuzu dealers is dropping: from 227 in 2006 to 201 in 2007.

Letzgus declined to discuss the recruiting effort further though he said Isuzu wants about 225 dealers.

The interest is from used-car stores seeking to become new-vehicle dealers, as well as dealerships eager to add Isuzu service business ù all without a huge investment. Some dealers also are eager to add Isuzu's pickups and mid-sized SUV to their car offerings.


[color:"white"]? 04 Rodeo DI ?[/color] 75k mi, body damage on the 1st weekend I got it.
Re: Isuzu Corporate News Thread (Company News) [Re: Wayne] #650214 02/04/08 04:32 PM
Joined: Dec 2001
Posts: 2,652
W
Wayne Offline OP
Roll Me Over
It's a sad report this time, right down to the layoff numbers. The news of Isuzu's pull-out was posted earlier . Here's more information. Remember, we're losing new vehicles in a line we love, but other people who supported Isuzu are losing their jobs.
------------------------------------------------------
FOR IMMEDIATE RELEASE: January 30, 2008 / Isuzu News Bureau

ISUZU TO DISCONTINUE DISTRIBUTION OF NEW PASSENGER VEHICLES IN U.S.
Effective January 31, 2009

CERRITOS, Calif. - Isuzu Motors America, Inc., announced today that, effective January 31, 2009, it would discontinue distributing new Isuzu passenger vehicles in North America. The discontinuation of passenger vehicles results from the prospective cessation of production by General Motors Corporation of the Ascender sport utility vehicle and the i-290 and i-370 pickup trucks.

"It has always been our intention to remain in the U.S. market," said Terry Maloney, president and COO. "However, we were unable to secure any commercially viable replacements for these vehicles."

Although Isuzu will cease supplying passenger vehicles in North America, it will continue to stand behind its customers and dealers here for years to come. Specifically, Isuzu will continue to honor all product warranties and roadside assistance programs and will maintain its owner-relations call center. In addition, to assure long-term service to its customers, Isuzu will be offering all current, U.S. Isuzu vehicle dealers the opportunity to continue on as service dealerships for Isuzu. "Let me make it crystal clear," Maloney said. "Isuzu will discontinue the sales of vehicles only. Our parts and service operation will remain fully functional. We expect the vast majority of our dealers will continue as service-only dealers."

Isuzu Motors America, Inc., is the U.S. distributor of Isuzu sport utility vehicles and diesel engines. For more information call (800) 662-2464 or access www.IsuzuNewsBureau.com.
------------------------------------------------
The irony in the next article is this picture caption for what is obviously a 4-door vehicle, the Rodeo. The repeated the caption later under a picture of an actual Amigo:
"The Amigo, a two-door convertible SUV based on the Rodeo, was produced from 1990 to 1994 and initially sold well. A 1990 model is shown."

And it's always interesting when the guy in charge of new products doesn't see it coming. He was so mad, he quit.
------------------------------------------------
Isuzu's collapse
The once-nimble Japanese brand prospered in the 1980s and '90s with its hot-selling SUVs ù then plummeted this decade. Who is to blame?


Kathy Jackson, Automotive News, February 4, 2008

LOS ANGELES ù For the past four years, Terry Maloney has had to drag himself to the podium at Isuzu's annual NADA make meeting, face a grim, even surly dealer body and relay the worst possible news: No new product is coming.

Maloney won't have to do that this year, though. The Isuzu Motors America Inc. president has canceled the brand's Feb. 11 make meeting in San Francisco. Isuzu's train wreck of a U.S. sales operation is calling it quits ù after years of self-destruction.

Isuzu will stop selling new vehicles here Jan. 31, 2009. The brand's 201 U.S. dealers have a year to clear their inventories of five-seat Ascenders and small i-series pickups. Isuzu will book a 4 billion ($37 million) charge to wrap up its U.S. operations.

So what happened to the once nimble Japanese brand that as late as 1994 sold more SUVs in the United States than Toyota ù then collapsed in a heap?

Not much mystery there. Isuzu's bosses in Japan gave up on America, or at least began to treat it like a distant irrelevancy. U.S. dealers were starved of products.

The die was cast in 2002 when executives in Tokyo decided to concentrate on commercial trucks in emerging markets and let Isuzu Motors America's once lucrative light-duty vehicle business shrivel.

Still, Maloney says he didn't see the U.S. pullout coming.

"Isuzu Limited made the decision just the other day," he said last week. "It was a surprise ù a sad surprise. Not that I didn't have my eyes wide open, but it was always our intention to stay in North America."

Maloney, 59, has been president of Isuzu Motors America since 2002. He spent 17 years in sales and marketing jobs at American Motors in Detroit, then owned a Dodge dealership in Tampa, Fla., for two years before coming to Isuzu in 1989. He'll stay on with Isuzu, running its leftover parts and service business.

He delivered the bad news to Isuzu's dealer advisory board on Wednesday, Jan. 30.

"It was a sad occasion," Maloney said. "I know most of these dealers personally. It was very difficult to tell the employees and the dealers. This group stuck with us to keep the Isuzu dream alive. It has been a difficult four years."

Divorce terms
Isuzu will stop selling light vehicles in the U.S. next January. Here are the incentives Isuzu has offered its 201 dealers.

ò All dealers can become service dealers. If they agree, Isuzu will pay a signing bonus equal to $1,000 per car sold, based on the average of their last 4 years of sales.

ò Dealers who do not agree to become service dealers will be offered the same assistance given to dealers who terminate franchises under their sales and service agreements.

ò The company plans to spiff up incentives to help dealers clear inventory.

Customers left SUVs
Sales have plummeted from 103,937 in 1999 to 7,098 in 2007 as vehicles were pruned or grew old. Seemingly overnight, U.S. customers turned away from Isuzu's truck-based SUVs in favor of more comfortable and stylish car-based cross-overs.

"Our SUVs have been stale," then-Isuzu Ltd. President Yoshinori Ida admitted in 1992. But Ida decided to do nothing about it.

Isuzu had stopped building passenger cars in 1992 and ù despite General Motors' ownership stake ù didn't have the resources to match the industry's move toward crossovers.

For Maloney, it has been the roughest of patches. At the NADA make meeting in New Orleans three years ago he told dealers there would be no new compact SUV from Thailand for the 2007 model year.

That was a kick in the groin. The Thai-built SUV would have been the first new Isuzu-badged vehicle since the Axiom debuted in 2001. Instead, Maloney informed dealers they would get a small rebadged pickup from GM ù the i-series.

The news devastated Scott Hyde, who was Isuzu's executive manager of product planning and research. "That knocked our lights out when he announced the i-series instead of the Thai SUV," Hyde says. "That took me to my knees. It was a sad thing to see. The writing was on the wall." Hyde, who had been at Isuzu since 1996, promptly quit.

At the time, dealers were selling only one nameplate ù the five- and seven-seat Ascender, based on GM's Chevrolet TrailBlazer. Just the year before, at the 2004 make meeting in Las Vegas, Maloney told dealers that the Rodeo and Axiom SUVs were going away in the summer of 2004.

Hyde says the Axiom's poor sales were a disaster for Isuzu. Designed to look like a crossover, the Axiom had a body-on-frame chassis. Consumers liked the looks but not the trucklike ride.

"The Axiom was a Hail Mary for Isuzu," Hyde said. "We didn't have many resources and diverted them from the Rodeo to the Axiom. The Rodeo got long in the tooth. We were left with not much money."

Despite the lack of product, Maloney kept telling dealers that Isuzu was in the United States for the long haul. But in December 2005, GM said it was ending production of the seven-seat Ascender, which accounted for nearly 25 percent of Isuzu's ever-slipping sales.

'Minimize risks'
At the 2006 make meeting in Orlando, Fla., it was more of the same. No new product. The dealers were becoming deeply irritated. Jim M'Lady, who owns an Isuzu dealership in Chicago, believed it was Isuzu's plan to exit this market all along. At the time, he accused the company of starving out dealers so it would not have to compensate them for their assets.

Why was there nothing in the pipeline? In 2002, Isuzu Motors Ltd. in Tokyo was reeling in its third straight year of net losses. It unveiled the first of three revival plans. The blueprint summed up Isuzu's future strategy for SUVs, particularly in North America, as follows: "Minimize business risks." It was diplomatic code for "retreat."

The next year, Isuzu pulled the plug on its joint venture with Subaru in Lafayette, Ind., where it was making the Rodeo and Axiom. And back in Japan, it killed the Trooper, made at Fujisawa.

Then came the waiting game ù waiting for any good excuse to slink away gracefully. Last week's news of its withdrawal surprised few in Tokyo. "They never made any money from those SUVs in the United States, so we thought this was bound to happen all along," said Koji Endo, an analyst with Credit Suisse in Japan.

In a press release last week, Isuzu said it is leaving the United States because GM may discontinue the five-seat Ascender SUV and its small-pickup platform. GM does plan to end production of its mid-sized SUV platform on which the TrailBlazer, GMC Envoy and Isuzu Ascender are built. The vehicles will be phased out over the next couple of years. GM assembles them at its Moraine, Ohio, plant.

But GM will continue to build the GMC Canyon and Chevrolet Colorado small trucks, sources say. The trucks are produced in Shreveport, La.

A year ago, at the make meeting in Las Vegas, Maloney continued to insist that Isuzu had no plans to exit the United States. He says he still didn't know of any plans until he got a phone call late last month.

"Isuzu Limited was unable to get new product for us," Maloney said. "The SUV from Thailand was not viable. We had talked about a diesel engine, but we couldn't find a viable light-vehicle platform for the diesel. They talked to OEMs but there was no commercially viable vehicle."

One problem for Isuzu was a reputation for mixed quality, said Tom Libby, an analyst with J.D. Power and Associates.

"I don't think they ever had all the basics they needed to survive in a very competitive market," he said. "You have to have the resources to continuously refresh your product, build your brand image and develop your dealer network. And you have to have quality. In many areas, they were just not competitive with other Asian manufacturers."

Dealer council chairman John Galeani, who owns City Isuzu in Jacksonville, Fla., called the whole thing "very sad."

"I've been with them for 20 years," he said, "but they are committed to making it as painless as possible for the dealer body."

Isuzu is offering its retailers the chance to become service dealers. If they agree, Isuzu will pay a signing bonus of $1,000 per car based on the average of their last four years of sales. Dealers who don't want to become service dealers will be offered the same assistance given dealers who terminate franchises.

No news is bad news
Key points in the downfall of Isuzu Motors America
  • Jan. 2004 ù Dealer council members travel to Japan to discuss future product but see nothing.
  • Feb. 2004 ù At NADA make meeting in Las Vegas, dealers told that best-selling Axiom and Rodeo models would be killed, leaving them with only the GM-derived Ascender 5- and 7-seat SUVs. Captive finance company is dumped, and half of the U.S. staff is pink-slipped.
  • Feb. 2005 ù At NADA make meeting in New Orleans, dealers told they will not get a new, Thai-built compact SUV expected in 2007 model year. Instead theyÆll get a version of the GMC Canyon pickup.
  • Sept. 2005 ù Isuzu says it will skip the 2006 Detroit auto show.
  • Dec. 2005 ù GM says it will kill the 7-seat Ascender, which accounts for nearly one-quarter of IsuzuÆs sales.
  • Feb. 2006 ù No word on new product at NADA make meeting in Orlando, Fla.
  • Feb. 2007 ù Still no word about product at NADA make meeting in Las Vegas.
  • Jan. 2008 ù Isuzu says it will discontinue sales of new light vehicles in the U.S. on Jan. 31, 2009.

'Nice deals'
"These are nice deals for the current dealers," says Roy Greenblatt, owner of three Isuzu stores in New Jersey. "The blue sky isn't much for Isuzu stores. They're paying us more than we could probably get if we sold the stores on our own."

Even arch-critic M'Lady is happy with the deal. "I've had my battles with the company, but it was a great company to do business with," he says. "When we were rocking and rolling, they treated you right. Now they're doing the right thing again."

Isuzu Motors America, headquartered in Cerritos, Calif., is not going away ù only its light-vehicle retail business. The company will continue to distribute parts for service dealers and to the company's separate commercial vehicle and powertrain operations in North America. Isuzu Motors America also handles legal, finance and human resources duties for the three divisions.

Isuzu Motors America has about 200 employees. Maloney says about 54 of the 75 employees assigned to light-vehicle distribution will lose their jobs. As for Maloney, he says: "My job continues as long as the company will have me."

Hans Greimel contributed to this report


[color:"white"]? 04 Rodeo DI ?[/color] 75k mi, body damage on the 1st weekend I got it.
Re: Isuzu Corporate News Thread (Company News) [Re: Wayne] #650215 03/06/08 03:48 PM
Joined: Dec 2001
Posts: 2,652
W
Wayne Offline OP
Roll Me Over
Automakers hit with apartheid claims
Automotive News, March 3, 2008

WASHINGTON ù Apartheid, South Africa's official system of racial segregation, ended in 1994. But several automakers still face damage claims for human rights abuses under the system.

Car companies named in lawsuits by apartheid victims are General Motors, Ford Motor Co., the former DaimlerChrysler AG and Isuzu Motors America Inc. They are among dozens of international companies that have been sued for hundreds of billions of dollars for "aiding and abetting" apartheid in South Africa.

Last October, the 2nd U.S. Circuit Court of Appeals in New York ruled that the suits can proceed. The companies are asking the U.S. Supreme Court to reject that ruling.

The companies seek to prevent a major expansion of rights for citizens of other countries to sue in U.S. courts. The Bush administration and major business associations support the challenge.

The federal government often encourages companies to do business in countries with policies that Americans oppose, notes a court brief filed Feb. 11 by the National Association of Manufacturers and other business groups. The rationale is that "commercial engagement would do more to improve conditions" in those countries than isolation, the brief says

During the apartheid era, the U.S. government imposed economic sanctions on South Africa but allowed trade, with conditions.

The manufacturers' brief argues that allowing the lawsuits to continue "converts the foreign policies of the U.S. government into an afterthought, exposing companies to years of litigation and adverse publicity."

The Supreme Court must decide whether to accept the appeal before it considers arguments in the case. Justices get about 10,000 petitions a year and typically accept fewer than 100.

"If any case calls out for Supreme Court review, it is this one," said Quentin Riegel, vice president for litigation at the manufacturers association. He told Automotive News he could not predict what the high court will do.

The case title is American Isuzu Motors Inc., et al., v. Lungisile Ntsebeza, et al. Isuzu's North American business unit is now Isuzu Motors America.

At issue in the case is an 18th century U.S. law called the alien tort statute. It was designed in part to be a remedy for victims of piracy.


[color:"white"]? 04 Rodeo DI ?[/color] 75k mi, body damage on the 1st weekend I got it.
Re: Isuzu Corporate News Thread (Company News) [Re: Wayne] #650216 04/08/08 11:55 PM
Joined: Dec 2001
Posts: 2,652
W
Wayne Offline OP
Roll Me Over
http://www.autonews.com/apps/pbcs.dll/article?AID=/20080407/ANA06/804070305

Dealers: Lame-duck Isuzu helps clear lots
Kathy Jackson, Automotive News, April 7, 2008

LOS ANGELES ù It won't set the world on fire, but Isuzu logged an 11.4 percent year-over-year sales increase in the first quarter ù climbing to 2,007 units for the three-month period.

Pretty meager, for sure, but it marked the first time that the lame-duck brand has recorded a quarterly sales increase since the second quarter of 2000.

For dealers it was great news. Isuzu will stop selling light vehicles in the United States on Jan. 31, 2009. The brand's 201 dealers must clear their inventories by that time, and so far the factory is keeping its promise to help them do that.

Dealers had 3,125 vehicles in stock on March. 1, said Isuzu Motors America spokesman Chip Letzgus. About 20 percent were 2007 models.

Letzgus says the company is offering dealer cash incentives ranging from $4,000 to $8,000 to move the three Isuzu nameplates ù the five-seat Ascender SUV and the i-290 and i-370 small pickups. Dealers say they can order new Isuzus through April.

Dealers also could earn additional money ù as much as $1,500 per vehicle sold ù through March 31 if they spend at least half of that money on exclusive Isuzu advertising.

The advertising program will not be renewed, but the lavish dealer cash rebates will continue.

"It's really too bad about them leaving," says Mike Donohue, owner of Automax Hyundai-Isuzu-Subaru in Norman, Okla. "But the company couldn't have done a better thing for the dealers" than the incentives.

Donohue, an Isuzu dealer since 1989, says "all of the rebates come straight to the dealers. We use them to work the deals."


Orderly evacuation
Isuzu's sales -- long in decline -- rose in the first quarter as the brand works to clear inventories before pulling out of the U.S. next January
2008 2007 Change
Jan.-March 2,007 1,802 11.40%
Source: Automotive News Data Center

Plunging sales

Isuzu's sales have been in a tailspin for years, plummeting from 103,937 in 1999 to 7,098 in 2007. The automaker told of plans to leave the United States in January ù and promised it would boost incentives to help dealers clear their inventories.

Isuzu also offered all dealers the opportunity to become service dealers. If they agree, dealers get a signing bonus equal to $1,000 per car sold, based on an annual average using their last four years of sales.

Those who decline to become service dealers are offered the same assistance given to dealers who terminate franchises under their sales and service agreements.

Letzgus says Isuzu has signed up 141 service-only dealers since February and hopes to reach 200.

One who will not sign up is J.D. Tomlinson, owner of Tomlinson Motor Co. in Gainesville, Fla. Tomlinson acquired his Isuzu franchise in September 2006, when Isuzu sought new dealers.

"I'm cutting the cord with Isuzu," Tomlinson says. "We came to terms. They were fair. It wasn't a one-sided deal. They never made any long-term promises to me, so I can't be too mad at them."

Tomlinson, who specializes in used cars, says Isuzu was his first new-car franchise. He spent less than $100,000, excluding the initial allocation of 30 vehicles.

"My Isuzu sign wasn't up two days before they called me and said they weren't going to continue in the United States," he says.

"I won't continue to do Isuzu service. Being so new, I don't see it as a huge benefit. The (Isuzu) dealer in this area was not selling a lot of them, so there doesn't seem to be a lot of warranty and pay work."

Disappointed, not mad

Dennis Buchholz, operations manager at Autoplex Cadillac-Isuzu in Lake Charles, La., says his dealership once sold hundreds of Isuzus annually.

"We've done very well with Isuzu," he says. "I'm disappointed that they are leaving. I was hopeful that a diesel truck would come along."

He credits Isuzu for helping dealers move inventory and says Autoplex has signed up to be a service dealer

"I think they're being fair," Buchholz says. "Our store was dualed with Cadillac, so the store won't go away."

Oklahoma dealer Donohue ù who has about 54 vehicles in inventory, mostly 2008s ù also will be a service dealer.

"There's no reason not to remain as a service dealer," he says. "There are so many in service around here."

Donohue says he sells about 10 to 12 new Isuzus and another 10 to 12 used each month.

"Even the used Isuzus sell just as well as ever," he says. "Our customers don't seem to be worried. It's apparent to customers that Isuzu is not going away; they just won't be selling light vehicles."

Isuzu Motors America, with headquarters in Cerritos, Calif., will continue to distribute parts for service dealers. It also handles the company's separate commercial-vehicle and powertrain operations in North America, which are not going away.

"We'll still be working with Isuzu," Donohue says. "They've always treated the dealers right."


[color:"white"]? 04 Rodeo DI ?[/color] 75k mi, body damage on the 1st weekend I got it.
Re: Isuzu Corporate News Thread (Company News) [Re: Wayne] #650217 11/15/08 05:35 PM
Joined: Dec 2001
Posts: 2,652
W
Wayne Offline OP
Roll Me Over
I haven't kept up with sales for a while, but I did have some news to pass on. Mostly because of GM.

I keep hoping to see "Isuzu roars back into car, light truck, and small SUV" market.

For those who have BugMeNot or a way to log in, this is a good GM article that mentions Isuzu several times.
http://www.autonews.com/article/20080914/ANA03/809150419

Another problem: Melding different corporate cultures into GM's plodding bureaucracy of 750,000 employees.

EDS was used to lightning-quick decisions by founder Ross Perot. Hughes was used to the military procurement model. GM didn't truly understand why Fanuc clients used robots.

Saab's Swedish business model was baffling. Isuzu merely rolled over for whatever GM wanted, even if it was the wrong path. Suzuki was too small to make an impact in the boardroom. In short, none was a good fit with GM.....

GM also made forays into Japan, linking with Isuzu, Suzuki and Toyota. GM bullied Isuzu to stop building passenger cars yet somehow was unable to lead Isuzu into capitalizing on the SUV boom in America. GM plundered Suzuki's small-car expertise to create the Sprint and replace the aging Chevette. Model sales plummeted from 120,000 to 30,000.

And in an article about GM's best engines
http://www.autonews.com/article/20080914/ANA03/809150461
Duramax diesel V-8: The Duramax, designed with Isuzu's help, rebuilt GM's reputation after the disastrous passenger-car diesels of the late '70s and early '80s. These hardworking, 6.6-liter engines made GM's heavy-duty pickups contenders against Ford's top-selling Super Duty models.


[color:"white"]? 04 Rodeo DI ?[/color] 75k mi, body damage on the 1st weekend I got it.
Re: Isuzu Corporate News Thread (Company News) [Re: Wayne] #650218 01/01/09 03:33 AM
Joined: Dec 2001
Posts: 2,652
W
Wayne Offline OP
Roll Me Over

From Isuzu themselves.

ISUZU LIGHT VEHICLE U.S. RETAIL SALES HISTORY
By Calendar Year and By Series through Dec. 31, 2007

http://www.isuzunewsbureau.com/download.php?id=416&type=file


[color:"white"]? 04 Rodeo DI ?[/color] 75k mi, body damage on the 1st weekend I got it.
Re: Isuzu Corporate News Thread (Company News) [Re: Wayne] #650219 01/01/09 03:58 AM
Joined: Dec 2001
Posts: 2,652
W
Wayne Offline OP
Roll Me Over
ISUZU ANNOUNCES
NORTH AMERICAN RESTRUCTURING

CERRITOS, Calif. ù Isuzu Motors Limited approved a restructuring plan for its North American affiliated companies today. This plan establishes a new entity, Isuzu North America Corporation (ôINACö), which will own the Isuzu groupÆs interests in Isuzu Commercial Truck of America, Inc. (ôICTAö), Isuzu Motors America, Inc. (ôISZAö), and Isuzu Manufacturing Services of America, Inc. (ôIMSAö).

INAC will be based in Southern California, and assume finance, accounting, tax, legal, human resources, and administrative support responsibility for its subsidiaries. By consolidating these functions into a single entity apart from the operating subsidiaries, INAC expects to gain efficiencies of scale and perspective. This shift also better aligns IsuzuÆs North American companiesÆ management structure under Makoto Kawahara, to whom all operations began reporting earlier this year. Kawahara will serve as INACÆs President.

To reflect its largely California based operations, ISZA will convert from a Michigan corporation to a California limited liability company. ISZA will also dissolve its passenger vehicle finance subsidiary, Isuzu Motors Acceptance Corporation, which had been winding down its operations over the past several years.

ICTA will remain a California corporation, and its interests in Isuzu Commercial Truck of Canada, Inc., and Isuzu Finance of America, Inc., will be unchanged.

IMSA will continue to own Isuzu Diesel Services of America, Inc., which, in turn, will continue to be a part owner of DMAX, Ltd., a diesel engine manufacturing joint venture with General Motors Corporation.

Isuzu Motors, America, Inc., is the U.S. distributor of Isuzu sport utility vehicles and diesel engines. For more information call (800) 662-2464 or access www.IsuzuNewsBureau.com.


[color:"white"]? 04 Rodeo DI ?[/color] 75k mi, body damage on the 1st weekend I got it.
Re: Isuzu Corporate News Thread (Company News) [Re: Wayne] #650220 02/02/09 02:31 PM
Joined: Dec 2001
Posts: 2,652
W
Wayne Offline OP
Roll Me Over
Isuzu has officially bowed out of the United States car market. If I'm lying, may lightning hit my mother

Click here (link fixed)

Last edited by Wayne; 02/04/09 03:40 AM.

[color:"white"]? 04 Rodeo DI ?[/color] 75k mi, body damage on the 1st weekend I got it.
Re: Isuzu Corporate News Thread (Company News) [Re: Wayne] #650221 02/02/09 03:37 PM
Joined: Jan 2000
Posts: 2,437
lttlbddy Offline
Body Damage is Cool

Re: Isuzu Corporate News Thread (Company News) [Re: Wayne] #650222 07/27/09 04:22 AM
Joined: Dec 2001
Posts: 2,652
W
Wayne Offline OP
Roll Me Over
This will probably close this thread out out as Isuzu reported it's last sales at the end of month January, 2009. While dealer stock remained, Isuzu wasn't selling in the USA any more.

I hope they will be back. Smaller, lighter, hybrid-turbo-diesel vehicles imported from Thailand, for example. If they are back, you know I will be here to report it....or checking this thread in case any of you spot it first.

Here's some close-out stuff from Isuzu's news bureau web page:

ISUZU LIGHT VEHICLE U.S. RETAIL SALES HISTORY
By Calendar Year and also By Series through Dec. 31, 2008.
http://www.isuzunewsbureau.com/download.php?id=445&type=file

HIGHLIGHTS OF ISUZU'S HISTORY
http://www.isuzunewsbureau.com/download.php?id=446&type=file

I didn't start keeping track of month-by-month sales until the decline started. Monthly data is from Isuzu as they posted it. Yearly data is also from Isuzu, but they nicely summed it up on their web page at that link above.

Guys, I hope someday to make it to Moab and meet who's left in the group. Until then, I'll be checking in on the board every now and then (Dan, more project posts?), visiting Old Bluemigo when I can (I still see her around town), and driving ... er... young whitey ... around Tucson when it's too hot for the motorcycle.

[Linked Image]

[Linked Image]


[color:"white"]? 04 Rodeo DI ?[/color] 75k mi, body damage on the 1st weekend I got it.
Page 10 of 10 1 2 8 9 10







4x4Wire Social:

| 4x4Wire on FaceBook |


OutdoorWire, 4x4Wire, JeepWire, TrailTalk, MUIRNet-News, and 4x4Voice are all trademarks and publications of OutdoorWire, Inc. and MUIRNet Consulting.
Copyright (c) 1999-2019 OutdoorWire, Inc and MUIRNet Consulting - All Rights Reserved, no part of this publication may be reproduced in any form without express written permission
You may link freely to this site, but no further use is allowed without the express written permission of the owner of this material.
All corporate trademarks are the property of their respective owners.

Powered by UBB.threads™ PHP Forum Software 7.7.3
(Release build 20190728)
PHP: 7.4.33 Page Time: 0.008s Queries: 16 (0.006s) Memory: 0.6766 MB (Peak: 0.8646 MB) Data Comp: Off Server Time: 2026-06-08 04:31:16 UTC
Valid HTML 5 and Valid CSS