General Motors and Isuzu are mulling over the possibility of jointly developing a new pickup truck, according to an announcement by GM made today.
The makers haven’t reached a decision yet, but they signed a memorandum of understanding today to begin negotiations. Formalization for the partnership, according to Japanese newspaper Nikkei, is expected later this month when brand bosses Susumu Hosoi and Dan Akerson meet in person.
This isn’t the first time in recent history that the two have collaborated — they also worked together to build the previous version of the Chevrolet Colorado mid-sized pickup truck.
Of course, the new Colorado is already on its way, although not expected for the North American market for more than another year.
Business history between the two companies stretched all the way back to 1971 when GM acquired a stake in the Japanese company that eventually grew to 49 percent in 1999. That tie-up ended in 2006, but not the two seem to be dancing again.
Details on what kind of truck the two companies are considering building together are still unannounced, but a compact truck that likely wouldn’t see U.S. sale seems reasonable given the Colorado’s impending arrival.
[Source: Automotive News]
Discuss this story at GMInsideNews.com