Autoblog

It must be pretty hard to unload an unwanted truck business these days. Just ask General Motors, which has attempted to sell its medium-duty truck operations first to Navistar and then Isuzu. Both heavy-duty diesel makers have passed on the offer. Isuzu had been rumored as a possible buyer for the unit after Navistar let the non-binding agreement pass by unsigned. Now, Isuzu President Susumu Hosoi tells Reuters, "There will be no such acquisition happening" from his company either, suggesting that the market for heavy-duty trucks has not yet hit the bottom.

GM and Isuzu still have dealings together as the two companies jointly develop and build the Duramax engines that power the General's most powerful full-size trucks, SUVs and vans. This cooperation is expected to continue on as it has with neither Isuzu or GM buying out the other to gain full control of the operations.

[Source: Reuters]

Reports are coming in that the General is considering selling its medium truck operations to Isuzu. This news is totally unconfirmed by both parties, though Isuzu says it would be more than willing to listen if GM felt the desire to talk.

All of this comes shortly after Navistar chose not to follow through on its non-binding agreement to purchase the commercial truck unit from General Motors after seeing what's been happening with the U.S. economy and gas prices. After that deal went sour, GM said that it would continue looking for options, so this particular piece of the rumormill pie is anything but surprising. We contacted GM to see if the automaker had anything to say regarding the hubbub, and, as expected, it's staying tight-lipped for the time being. An Isuzu tie-up makes some sense, as the two truck makers have had dealings together in the past, most notably in the design of GM's current mid-sized trucks, the Chevy Colorado and GMC Canyon.

[Source: Forbes]

Aggressive dealer cash incentives ranging from $4,000 to $8,000 on vehicles has helped Isuzu record its first quarterly sales increase in nearly eight years. The news of 2,007 new units out the door follows the not-so-shocking report earlier this year that Isuzu is abandoning the U.S. market -- ergo the fire sale.

There are 201 Isuzu dealers in the U.S. right now, and all are tasked with clearing the balance of their inventory by Jan. 31, 2009. If you've got the hots for an Ascender SUV or an i-290 / i-370 pickup, now would be a great time to take a stroll over to your Isuzu dealer (and don't forget to let them know Autoblog told you about the rebates).

[Source: Automotive News, subs. req'd]

Isuzu has officially announced that it's leaving the U.S. market and discontinuing sales of its i-Series pickup and Ascender SUV. Both vehicles are produced via a joint venture with General Motors, the i-Series being based on the Chevy Colorado/GMC Canyon pickups and the Ascender being a rebadged version of the Chevy Trailblazer. Reuters reports that it will cost Isuzu some $37 million to bug out, mostly in dealer buyouts and other move-related costs. Though the Japanese automaker will not be selling vehicles in the States, it will continue to provide parts for service. Its reason for leaving is basically that GM has no plans to replace the Colorado/Canyon and Trailblazer with models that Isuzu could rebadge, and the automaker has no plans to develop its own new models for North America.

Isuzu's sales have been extremely weak in the U.S. these past few years. Last year it sold just 7,906 units, down from 15,751 units in 2006. We can't say that we're crushed that Isuzu is leaving, although we do remember a time when Isuzu sold more than just trucks, back when the brand's image was shaped by a guy named Isuzu Joe (see commercial after jump). Remember the Impulse, Lotus-tuned Stylus (the last car sold by Isuzu in the U.S. from 1990 - 1993, and one we wouldn't mind owning ourselves), the wild VehiCROSS and sharply styled Axiom? Yes, we can remember better times for Isuzu in the U.S., but recent bad times have led the automaker to this decision. Farewell, Isuzu! Read Isuzu's official press release after the jump.

[Source: Reuters via Pickuptruck.com]

When the fruity people at Del Monte closed their Pinson Valley distribution center in Alabama, they were left with 300k square-feet worth of warehouse space and a lot of unsold canned pears. Being in the market for a manufacturing center, Isuzu decided to pick up the facility with the intention of investing several million bucks to turn the warehouse into their newest North American commercial truck plant.

Over the next few years, 1,000 workers will be putting together medium- and full-size trucks using parts from outside sources. Isuzu hasn't set a date for the retrofitting or production to begin.

One interesting tidbit from the article in al.com, was that Isuzu may decide to build a smaller commercial truck for the U.S. market and has plans to introduce a four-ton truck into its lineup in 2009.

Thanks for the tip, Mike!

[Source: ai.com]

AutoblogGreen has reason to be happy, having found evidence that Toyota's recent purchase of a 5.9% stake in Isuzu will bear fruit in 2010 when the Japanese juggernaut marries its Synergy hybrid drive system with a diesel engine. Presumably such a hook up was made possible, or at least hastened, by the expertise in diesels that Isuzu brings to the table. Toyota knows its way around an oil burner too, but its Hino commercial truck division usually deals with diesels meant for trucks and buses.

Heck, even we have to admit that we're excited for such a combo, as diesel engines excel in efficiency when cruising at highway speeds, much more so than a gasoline engine, which to this point has always been the electric motor's dance partner in modern hybrids. JapanToday is reporting that a Toyota subcompact with this diesel hybrid drivetrain will be available as soon as 2010. Assuming we're not all driving EVs by then, such a car should easily grab the mpg crown in the U.S.

[Source: AutoblogGreen, JapanToday]

Automobile Magazine took a previously loved Isuzu Trooper to a car shredder and, just for us machine freaks, shot video of its aged, slab-sided body disappearing forever into the 6,000 horsepower jaws of automotive death. It's amazing how quickly the device of destruction chews from the Trooper's smashed-in front bumper to its rear-view-impinging spare tire.

Clyde Phillips, manager of the junking facility, says on the video that they run more than 1,000 cars a day through monster machine, sending the finely shredded steel to recyclers to become newer, hopefully better, cars and trucks.

Now that this video is out, every AMC Matador in the country will be lying awake tonight wondering if it's next in the Cuisinart of the automotive world.

[Source: Automobile Magazine]

Toyota announced today that it will spend $373 million on a deal with Isuzu that will transfer 5.9% of the truck- and diesel-maker to the giant Japanese automaker. Toyota's goal in purchasing a stake in Isuzu is to bolster its diesel portfolio, which apparently lags behind other major automakers like cross-town rival Honda who announced in September it would have diesel-powered passenger cars for sale in the U.S. within three years.

We always expected that Toyota would rely on its own Hino Motors commercial truck subsidiary for a diesel engine to power a heavy-duty version of its new Tundra pickup, but Hino is not prepared to make smaller diesel engines for passenger cars and potentially diesel hybrids. Isuzu offers Toyota the know-how and production capacity for diesel engines that are smaller than 2.5-liters, which makes the purchase seem like a perfect fit.

Mitsubishi will now become the largest single shareholder in Isuzu with 9.7% of the stock, followed by trading house Itochu Corp. with 7.2% and Toyota with 5.9%. GM sold all of its stock in Isuzu back in April, which amounted to 7.9%. Today's announcement marks the second time Toyota has swooped in and picked up shares in a company that GM has cast off, the first being Fuji Heavy Industries, the parent company of Subaru.

[Source: Automotive News – sub. required]

Isuzu Motors announced today that Mitsubishi Corp. has become its top shareholder after increasing its share of the automaker from 3.5 percent to 15.65 percent. Mitsubishi Corp, the huge conglomerate that also owns 13 percent of Mitsubishi Motors Corp, first scooped up a share in Isuzu when General Motors dropped back its stake in the company back in April, and this news came about after Mitsubishi decided to convert all the preferred share that it purchased back in 2005 into common stock. Mitsubishi is clearly looking to strengthen its ties with Isuzu and benefit from the automaker's truck business.

Mitsubishi is a huge company, and it's no suprise that it is looking to strengthen its truck portfolio. A major factor in Mitsubishi's success last year was the strong sales of its trucks in Thailand, believe it or not. It will be interesting to see how much Mitsubishi integrates Isuzu into its current product offerings, as in some markets the two are direct competitors. It will be also interesting to see what becomes of Mitsubishi's relationship with DaimlerChrysler, as its current midsize truck offering, the Raider, is based on the Dodge Dakota. And what of GM's midsize trucks, the Chevy Colorado and GMC Canyon, which share their identity with Isuzu versions that have different grilles and bigger warranties? Seems as old relationships unravel, new ones are forming quickly.

[Source: AutomotiveNews - sub. required]

Photo: Chris Belanger

We love seeing interesting police cars, and by "interesting," we mean a car that does not have an available factory police package. With that in mind, you can imagine the smile that crossed our faces when we opened an email from reader/tipster Chris Belanger. Chris saw something parked in Montecito, CA that definitely qualifies as interesting as far as we're concerned.

It would appear that the Santa Barbara County Sheriff's motor pool includes a genuine oddity among the usual fleetmobiles: a full-dress Isuzu VehiCROSS police car.

Powered by a 3.5-liter 215-horsepower, the quirky-cool 2-door VehiCROSS was only available from '99 to '01 in the US. It seems that Americans preferred their SUVs with a second set of doors (no surprise there), more traditional appearance, and spacious interiors . The VehiCROSS was two doors short and a bit too avant-garde-looking for the masses, and it was euthanized in the US after a little more than 4,000 of them were imported over its three-year stay.

Well, we now know the fate of one of them. If you're in Santa Barbara County, you might catch it out and about one of these days, which would certainly be better than it catching you, if you get our drift.

Great tip, Chris!

(More photos after the jump)

[Source, photos: Chris Belanger]