Volkswagen AG is rumored to intend to annex the largest commercial vehicle manufacturer in Japan, Isuzu. Although still a rumor, this effort may be made in order to pursue ambitions become the world's largest automotive manufacturer in 2018.
Ikhwalnya, VW and MAN, the German truck manufacturer that are 30 percent owned by VW-center to discuss the possibility of acquiring shares in Japan's Isuzu. However, this news directly contradicted VW saying that the move was not part of the agenda of the target.
Ikhwalnya, VW and MAN, the German truck manufacturer that are 30 percent owned by VW-center to discuss the possibility of acquiring shares in Japan's Isuzu. However, this news directly contradicted VW saying that the move was not part of the agenda of the target.
According to Reuters, Isuzu who had shares valued at 5.86 billion U.S. dollars, or IDR 50.7 trillion was facing market uncertainty following the earthquake and tsunami in Japan. In fact, another brand, Daimler, through partner Mitsubishi Fuso (Japan) announced the temporary suspension of the factory in Kawasaki as the market is still uncertain.
Initial purchases of shares of other companies will make Isuzu return receive an income to strengthen the business base. We confirmed related to this issue, MAN did not want to comment anything. If this rumor is true, then VW did not just fight as the number one manufacturer in the world through the passenger vehicle segment, but also aggressive on the commercial segment.
