GM may have liquidated off its Isuzu ownership in a fire sale, but the two companies are still planning new joint ventures. Take, for example, this story out of Moldovia today: GM and Isuzu are launching a joint platform-development project from which will spring the underpinnings for a new generation of pickups for emerging markets (read: cheap) and cars. Dubbed LCV Platform Engineering Corp. (no subterfuge, here) the venture — capitalized for less than a week's worth of lunches at the Renn Center — will see Isuzu doing most of the engineering and GM getting the spoils. That's what we call win-win.
GM and Isuzu to develop next pick-ups [Moldovia.org]
GM Sells Stake in Isuzu. Yawn [internal]