Isuzu 2014 Annual Report Download - page 5

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Major Press Releases
January 24, 2014
Isuzu Establishes After-sales Center in Singapore
Isuzu has established an After-sales Center (ASC) at Isuzu Motors Asia
Ltd., which oversees Isuzu’s business in the ASEAN region, with the goal
of enhancing after-sales support in ASEAN countries.
With more Isuzu vehicles being localized to meet customer needs
in ASEAN countries, in which a large number of Isuzu vehicles are in
operation and further economic growth is expected, ASC will help Isuzu
on the after-sales front to work more closely with local distributors, and
support their work to minimize downtime for customers’ vehicles.
March 31, 2014
Isuzu Establishes New Company in Thailand to Oversee
Truck Development for Emerging Markets
Isuzu has established the Isuzu Global CV Engineering Center (IGCE)
to oversee development of trucks for emerging markets, with the goal
of further enhancing the competitiveness of its commercial vehicles in
these markets, which continue to grow.
By taking the lead in commercial vehicle development for emerging
markets and working closely with part suppliers and Isuzu Group
affiliates in ASEAN, China, and worldwide, IGCE will speed decision-
making extending from compiling market information to product
introduction, allowing faster development of commercial vehicles
offering high cost performance to meet emerging market needs.
Going forward, Isuzu will continue to work to optimize development,
production, purchasing, and other structures, in an effort to accelerate
the introduction of products that have been optimized to meet local
market needs by locating development decision-making closer to
customers in overseas markets.
April 1, 2013
Isuzu Establishes New Auto-lease Company: Isuzu Leasing
Service Ltd. (ILS) in Japan
The Isuzu Group will put structures in place to meet a broad range
of customer needs by adding financial services to its existing life cycle
business.
October 1, 2013
Subsidiary Establishes IJT Technology Holdings Co., Ltd.
Isuzu subsidiary I Metal Technology Co., Ltd., reached a basic
agreement on establishing a joint holding company and integrating
their management through a joint share transfer with Isuzu affiliates
TDF Corporation and Jidosha Buhin Kogyo Co., Ltd. The joint holding
company and its three subsidiaries will become Isuzu subsidiaries.
Isuzu expects integrating management of the three companies
through the establishment of the joint holding company and making
them subsidiaries will contribute to the future development of the
Isuzu Group’s businesses by facilitating: (1) rapid development and
expansion of Isuzu’s overseas business with a focus on the ASEAN
region; (2) evolution of the role of Isuzu’s domestic business as a base
for technological improvement and development; and (3) enhancing
Isuzu’s ability to propose new products, new technologies, and low-cost
products.
October 17, 2013
Isuzu’s Business in South Africa: Isuzu to Raise Stake in
Isuzu Truck South Africa (Pty) Limited
Isuzu has decided to increase its stake in Isuzu Truck South Africa
(Pty) Limited (ITSA), with a view to stepping up its production and sales
of commercial vehicles in South Africa, a market with significant growth
prospects.
ITSA is currently owned by Isuzu and GM South Africa (GMSA, a
100% GM subsidiary), each of which holds a 50% share. Isuzu will
purchase shares from GMSA to increase its ownership to 70%.
As part of its newly increased stake, Isuzu will strengthen its
involvement in manufacturing and financial affairs at ITSA, enhancing
and strengthening the commercial vehicle business in southern Africa
with the aim of achieving sales of 10,000 units in the future.
Business-related
Product-related
March 19, 2014
Isuzu Launches Improved Gala Large Tour Bus
The bus features advanced safety functionality enhancements,
for example by augmenting the vehicle’s standard brakes which are
designed to reduce damage in the event of a collision, with a function
that helps drivers to avoid collisions with vehicles ahead. Isuzu has also
enhanced the vehicle’s fuel efficiency through improved engine control.
Gala tour bus
Announcing in South Africa, Vice President Katayama
explains Isuzu’s decision to increase its stake in ITSA.