Sunday, October 5, 2008

Isuzu Turns Down GM Offer

GM is desperately trying to sell its medium-duty truck operations. They first attempted to get Navistar to buy their manufacturing sites then Isuzu. But neither of the two accepted the offer. All three companies have history together, but I guess they don't want to be bothered with GM right now, since they are going through so much. Or it could just be the fact that they can't afford to purchase the factories. Anyway, GM just has to deal with the situation and/or attempt to sell them to another company.

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