Isuzu 2016 Annual Report Download - page 5

3
Major Press Releases
Business-related
July 29, 2015
Isuzu and SAF of Uzbekistan Sign a Share Acquisition Agreement
Isuzu held a signing ceremony to mark an agreement on the acquisition
of shares in Samarkand Automobile Factory LLC. Uzbekistan is an important
market for Isuzu, and one that is expected to develop in the future. The
cooperation of the Uzbekistani government played an important role in
Isuzu’s decision to strengthen its relationship with SAF.
September 4, 2015
Isuzu, ITOCHU, Russian Machines and GAZ Group Conclude an
MOU for a Strategic and Comprehensive Alliance
Isuzu has signed a memorandum of understanding to facilitate the
development of strategic and comprehensive relationships between itself
and Russian Machines, a Basic Element Group company responsible for
cultivating and developing the group’s machinery manufacturing business;
the GAZ Group, Russia’s largest commercial vehicle manufacturer; and
ITOCHU Corporation.
Going forward, Isuzu will study the possibility of wide-ranging cooperation
with its new partners, including vehicle production, sales, development, and
supply of engines and other components for GAZ vehicles.
November 20, 2015
Isuzu Establishes an After-sales Service Support Company
Isuzu established Isuzu Global Service Corporation (IGSC) to strengthen its
operational support business in line with its Mid-Term Business Plan, and the
new company began operations.
IGSC will hire nationally-certified automotive technicians in the Philippines,
help them master Japan’s high level of service technology and expertise
through classes and practical training that has been specially designed for
Isuzu products, and also support after-sales service offered by dealers in a
number of countries.
December 25, 2015
Isuzu Makes “SOLLERS ISUZU” a Consolidated Subsidiary
Isuzu has increased its stake in CJSC “SOLLERS ISUZU”, which imports,
manufactures, and distributes Isuzu commercial vehicles in Russia, to make
the company a consolidated subsidiary.
The deal will allow Isuzu to exercise leadership in boosting its business
in the Russian market, where the commercial vehicle segment is expected
to grow. In doing so, Isuzu will enhance and increase its commercial vehicle
brand, product portfolio, and sales.
February 16, 2016
Isuzu and UD Trucks Reach Basic Agreement on the Supply of
Medium-duty Trucks
Isuzu and UD Trucks reached a basic agreement under which Isuzu will
supply medium-duty trucks to UD Trucks for sale in the Japanese market in
or around 2017.
April 27, 2016
Isuzu Motors India Holds Ceremony to Open its Manufacturing
Plant in India
Isuzu Motors India, Isuzu’s manufacturing and sales subsidiary in India,
held a ceremony to open its newly completed light commercial vehicle (LCV)
manufacturing plant.
Following its establishment in August 2012 to develop a new LCV business
in the fast-growing Indian market, Isuzu Motors India started importing and
selling completely assembled pickup trucks and derivatives in March 2013.
Now that the LCV manufacturing plant is ready for operation, the company
is committed to further expanding and strengthening its local sales network
and manufacturing organization in India, and developing fully-fledged
business activities in the country.
May 27, 2016
Isuzu and Hino Agree to Develop Automated Systems:
ITS technologies and Advanced Driver Assistance in Trucks and Buses
In the past, Isuzu and Hino have worked separately to popularize safety
technologies, for example by actively incorporating driver assistance
technology into the trucks and buses they manufacture. Now the two
companies have entered into an agreement to jointly develop two
technologies that will serve as the basis for the commercialization of
automated driving systems: ITS (Intelligent Transport Systems), which
facilitate communications between individual vehicles and between vehicles
and roadways; and advanced driver assistance technologies, which facilitate
automated steering and convoy-style driving. The partners are seeking to
streamline the development process by adopting a joint approach.
Isuzu and Hino will contribute to the realization of a safe and secure
transportation-oriented society by incorporating jointly developed ITS and
advanced driver assistance technologies into their future trucks and buses,
and by working to promote the widespread use of those technologies.
Product-related
November 10, 2015
Isuzu Announces Improvements to its Medium-duty FORWARD Truck
Isuzu has announced a series of improvements designed to enhance
the safety of its FORWARD line of medium-duty trucks. Enhancements
include augmenting the Lane Departure Warning System (LWDS) and Isuzu
Electronic Stability Control (IESC) by equipping some models with newly
available, optional pre-crash braking and millimeter-wave following-distance
warning functions.
The newly available pre-crash braking and millimeter-wave following-
distance warning functions combine millimeter-wave radar and a camera
to provide high-precision detection capability. In addition, vehicles that are
equipped with the pre-crash braking function also feature special meters
and a steering wheel designed for superior visibility and operability to enable
safe operation that doesn’t impose a heavy
workload on the driver.
Overview of Isuzu Motors India plant Plaque Unveiling
Medium-duty truck FORWARD