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Izuzu Motors Enjoy Profit Growth

by BBelew57 on July 30th, 2007

Mitsubishi is losing less money.

Izuzu Motors Ltd. is making more. 

Toyota Motors is doing business as usual.

General Motors is eating its heart out.

General Motors and Izuzu dissolved a tie-up lat year, after which Toyota Motor Corp and Izuzu formed a capital alliance.

Yesterday, Izuzu announced that for the straight year, the truckmaker has made a profit…14% more profit this

quarter than the same quarter last year.

Profits for the April-June quarter were almost $200 million.

Overseas truck sales, particulary in Thailand where there are higher profit margins were credited with helping the company acheive a group sales record of 402.13 billion ($30 billionish).

GM meanwhile…yeah, same-o, same-o. Still restructuring.

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POSTED IN: Doing Business in Japan