How much does Toyota own of Isuzu?
Toyota Motor Corporation, one of the world's largest automakers, currently owns a significant stake in Isuzu Motors, a Japanese commercial vehicle manufacturer. The details of Toyota's ownership in Isuzu are as follows:
Toyota's Ownership in Isuzu
As of February 2025, Toyota holds a 5.9% stake in Isuzu. This ownership stake was established through a strategic alliance between the two companies, which was announced in 2019.
The partnership between Toyota and Isuzu is focused on collaborating in areas such as commercial vehicles, technology development, and logistics. By combining their strengths, the two companies aim to enhance their competitiveness in the global automotive market.
Background and Rationale
The alliance between Toyota and Isuzu was driven by several factors. Isuzu is a leading manufacturer of commercial vehicles, including trucks and buses, which complement Toyota's strengths in the passenger car market. By working together, the companies can leverage their respective expertise and resources to develop new technologies and products, ultimately benefiting their customers.
Additionally, the partnership allows Toyota to expand its presence in the commercial vehicle segment, which is a growing market, especially in emerging economies. Isuzu, on the other hand, can benefit from Toyota's advanced technologies and global reach, strengthening its position in the industry.
Ongoing Collaboration
The alliance between Toyota and Isuzu is an ongoing effort, and the companies continue to explore new areas of collaboration. In recent years, they have worked together on projects related to electric vehicles, autonomous driving, and logistics optimization.
As the automotive industry continues to evolve, the partnership between Toyota and Isuzu is expected to play a crucial role in shaping the future of commercial vehicles and transportation solutions.
What truck company does Toyota own?
In 2001, Toyota acquired its long time partner, truck and bus manufacturer Hino Motors.
Why is Isuzu not sold in the US?
On 30 January 2008, Isuzu announced its complete withdrawal from the US market, effective 31 January 2009. It would continue to provide support and parts. The decision was due to lack of sales. Some of the lack of sales was blamed on consumer experiences with low quality engines and service.
Does Isuzu make engines for Toyota?
The two Japanese automakers initially signed the agreement in November 2006 for the joint development and production of diesel engines. At the time, Toyota aimed to capitalize on Isuzu's expertise in diesel technology. The partnership also resulted in Toyota acquiring a 5.89% stake in Isuzu.
What percentage of Isuzu does GM own?
GM previously held a stake in Isuzu but sold its 7.9 percent holding in 2006 to raise about $300 million. GM has a 60 percent ownership stake in a joint venture with Isuzu called DMAX Ltd. in Moraine, Ohio. That company builds large diesel engines for heavy-duty trucks.
Who builds Toyota truck engines?
Toyota Motor Manufacturing Alabama
Toyota Motor Manufacturing Alabama employs more than 2,000 team members and builds more than 3,000 engines each day. Producing one-third of Toyota's engines in the U.S. at its 1.3 million-square-foot facility, TMMAL is the only plant to build four-cylinder, V-6 and twin-turbo under one roof.
Who makes engines for Toyota?
Toyota Motor Manufacturing Alabama employs more than 2,000 team members and builds more than 3,000 engines each day. Producing one-third of Toyota's engines in the U.S. at its 1.3 million-square-foot facility, TMMAL is the only plant to build four-cylinder, V-6 and twin-turbo under one roof.
Who makes engines for Isuzu?
Isuzu has used both its own engines and General Motors-built engines.
How much of Isuzu does Toyota own?
In March 2021, Isuzu, Hino, and Hino's parent Toyota announced the creation of a strategic partnership between the three companies. Toyota acquired a 4.6% stake in Isuzu while the latter plans to acquire Toyota shares for an equivalent value.
Who is Isuzu owned by?
Isuzu is a publicly traded company, and its shares are held by a wide range of other companies and individuals. In 2022, the most prominent shareholders of Isuzu stock are the Mitsubishi Corporation, the ITOCHU Corporation, and the Toyota Motor Corporation.
What all companies does Toyota own?
Toyota Tsusho is a member of the Toyota Group, which comprises 17 companies: Toyota Motor, Toyota Industries, Aichi Steel, JTEKT, Toyota Auto Body, Aisin Seiki, Denso, Toyota Boshoku, Toyota Fudosan, Toyota Central R&D Labs, Toyota Motor East Japan, Toyoda Gosei, Hino Motors, Daihatsu Motor, Toyota Home, Toyota Motor ...
