Isuzu and Toyota in business alliance

Toyota Motor Corp and Isuzu Motors Ltd have jointly announced a signed memorandum of understanding, which will kick off a study into the possibility of future business collaboration.

For the most part this potential collaboration is likely to be focused on research & development and the production of diesel engines, joint R&D of emission-control technologies and devices (again for diesel engines), and environmental technologies including the use of alternative fuels.

In addition, TMC has purchased 5.9% of Isuzu shares.

Toyota and Isuzu dominate the pickup truck market here in Thailand, and actually that also makes them the top two car sellers in the process such is the popularity of pickups here.

Now that they are looking into ways to cooperate on future developments the dominance looks likely to continue as the motoring public benefit from the advancements the partnership should produce.