Mitsubishi Isuzu JV in Thailand

Mitsubishi Motors Corp. and Isuzu Motors Ltd. create a joint venture in Thailand to produce Isuzu pickups. Isuzu Operations Thailand Co., represents a 2 billion ($16.1 million) investment, with Mitsubishi putting up 80% of the money. Production of 250,000 pickups annually by 2006 is expected, vs. the 147,000 Isuzu pickups currently produced in Thailand. Isuzu is moving pickup production to Thailand

Mitsubishi Motors Corp. and Isuzu Motors Ltd. create a joint venture in Thailand to produce Isuzu pickups.

Isuzu Operations Thailand Co., represents a ¥2 billion ($16.1 million) investment, with Mitsubishi putting up 80% of the money. Production of 250,000 pickups annually by 2006 is expected, vs. the 147,000 Isuzu pickups currently produced in Thailand.

Isuzu is moving pickup production to Thailand to create an export base.

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