Kyodo. Mar 25, 2021. Toyota Motor Corp. will reconstruct a capital alliance with Isuzu Motors Ltd., with the two firms investing more than ¥40 billion in each other, in a bid to jointly develop.. The story of who owns Isuzu is a compelling narrative that reflects the evolution and growth of the automotive industry. Established in 1916, Isuzu Motors Limited was originally a division of the Tokyo Gas and Electric Industrial Co., Ltd. The company initially focused on producing trucks, buses, and other commercial vehicles.
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SML Isuzu Limited (SMLI) is a commercial vehicle manufacturer established in 1983. SMLI produces and sells buses, ambulances and customized vehicles. Sumitomo Corporation and Isuzu Motors hold a 44% and 15% stake of the company respectively.. The company manufactures light commercial vehicles like trucks, buses, school buses, ambulances, police personnel carriers, water tankers and special.. The Volvo Group and Isuzu Motors today completed the transaction whereby Isuzu Motors acquired UD Trucks from the Volvo Group for an enterprise value of JPY 243 billion (approximately SEK 19 billion) on a cash and debt free basis. The strategic alliance within commercial vehicles between the two groups, aiming to capture opportunities in the ongoing industry transformation, will now also.
