GM And Isuzu Establish New Partnership To Focus On Commercial Vehicles In Colombia

Bogotá, Colombia - General Motors Corporation and Isuzu Motors Limited announced their new joint venture, GM-Isuzu Camiones Andinos de Colombia Ltda., today. The purpose of which is to strengthen their strategic partnership and expand their truck and bus sales in Colombia.

The joint venture builds on the long-standing partnership that GM and Isuzu have enjoyed in the region by establishing a company that is dedicated to the marketing, sales, service and after-sales of commercial vehicles. The new partnership is the successful result of a 2007 agreement that studied the potential of a JV and will focus on strengthening the leadership that GM and Isuzu have built in this segment.

“This agreement demonstrates our commitment to commercial vehicles and will serve to strengthen the leadership of Chevrolet buses and trucks that are Isuzu sourced for the Andean region. It will also continue to enhance the solid and close relationships we have with our clients” said Pablo Ross, President and Managing Director of GM Andean Region.

Yoshinori Ida, Chief Executive Officer of Isuzu Motors Limited said, “With this groundbreaking joint venture in Colombia, which recently began operations, GM and Isuzu have all the strengths needed to increase the truck and bus business in the region and enhance customer satisfaction. Our objective will be to capture the number one position in all segments where we operate, offer the highest customer satisfaction, and become the industry standard”.

This partnership is another example of how the global advantages of two companies can combine to the benefit of both; Isuzu as a leader in commercial vehicle technology development that has global knowledge in the transportation sector; and GM with its extensive experience and resources in the Andean region, including dealerships, high quality standards, aftersales and service, and the leadership of the Chevrolet brand.