Isuzu takes up majority stake in MTB Sdn Bhd

Isuzu TruckIsuzu Motors Limited has increased it’s stake in DRB-HICOM majority owned Malaysian Truck & Bus Sdn Bhd from 20% to 51%, making it MTB’s new majority shareholder. MTB Sdn Bhd’s management will be replaced by Isuzu personnel who will hold CEO and COO positions, and the company will become a subsidiary of Isuzu Motors Limited. A name change to Isuzu Hicom Malaysia Sdn Bhd is also underway, and Malaysia will become one of Isuzu’s foreign manufacturing bases.

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Paul Tan

After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history.

 

Comments

  • mystvearn (Member) on Jun 24, 2007 at 4:14 am

    So this is a foreign takeover of somesort?

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  • desmo (Member) on Jun 24, 2007 at 5:50 am

    We will going to see super beauty truck soon on the road!!

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  • Joe Ooi (Member) on Jun 24, 2007 at 7:43 am

    P1 cock taling few year back, talk from Khazanah to VW, GM, Alado, Naza, DRB-Hicom, Mofaz, etc, etc, from KL to New York until today missed self imposed deadline for two time ……… aheeem, still cock talking on foreign partnership.

    You see this Isuzu do not need cheap talk, do not need the blessing of G and MTB do not feel lost of national pride or unpatriotic just like Perodua quitely seal the deal to make this workable arrangement! Kudo to Perodua and MTB have far sight and thumb down t othe drai P1 for cock-short-eye-sight still put up cock talking to goreng-goreng in order to shore up it share price. Come on lah Protonian, long term company earning is base on production and sell of products, not paper gain from share!!!!!!!!

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  • LittleFire85 (Member) on Jun 24, 2007 at 8:18 am

    Proton want talk long long coz of share market! they cha cha here, cha cha there then share price rise. So when they want to sell, still can earn a lot. Anywayz i heard that Isuzu is also a subsidiary of Toyota also! Just like Subaru & Daihatsu! Isuzu is the main force of Toyota on R&D n producing Diesel engines..

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  • Joe Ooi (Member) on Jun 24, 2007 at 8:28 am

    What I know is HINO is part of Toyota Group!

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  • LittleFire85 (Member) on Jun 24, 2007 at 8:39 am

    Hino is also part of Toyota Group which produce big lorries, like volvo trucks.. but the management is totally not same from toyota..

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  • acbc (Member) on Jun 24, 2007 at 9:06 am

    Hhmm… why not sell Proton to Toyota then? Clean and easy… no need national pride shit. Business is business and in this world, national pride doesn't sell cars.

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  • LittleFire85 (Member) on Jun 24, 2007 at 8:05 pm

    Toyota already got factory in Thailand, Even perodua factory is his.. So he no need come and buy the Expensive n louzy G controlling Company! A lot of freedom will be loss..

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  • bmpower (Member) on Jun 24, 2007 at 9:48 pm

    seee?

    yet another OVERTAKED local company..

    duh.. selling everything lah Gov!

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  • LittleFire85 (Member) on Jun 24, 2007 at 10:02 pm

    Petronas,maxis , TNB, YTL, Telekom, Genting etc also overtake other company in foreign countries, why not others overtake us? U moron, simply very greedy want everything urself! Everyone have it's own price, if the price is right u can buy or sell it! If ur company is not earning money, why kept it? U never do business izzit bmpower? Tak tau economy punya orang..

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  • torishimeyakuin (Member) on Jun 24, 2007 at 10:08 pm

    Yup that's right. Isuzu is a subsidiary of Toyota Group and their well known expertise is at producing diesel engine's powered truck.

    Wow, they've grasped 51% of stakes that yield Isuzu to be the power in charge. Nice…Now Toyota Group is going to widen their conquest. Go slugger !!

    See how the Japanese runs in this automotive industry man..real sleek and very fast ! They come, see, study, and then BINGO !. That's what Malaysian (especially Proton) failed to learn since the first day into the business. People won't wait for you poor boy, others have already arrived in Mars but you still on the bed treating yourself a sentimental dream. So long…poor boy !

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  • torishimeyakuin (Member) on Jun 24, 2007 at 10:17 pm

    In Proton case,

    Come, sit, eat, talk, talk, talk, sleep, go back to hotel, and again the cycle keep repeating endlessly…until he buried himself into his own digging grave. So long poor boy…

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  • torishimeyakuin (Member) on Jun 24, 2007 at 10:37 pm

    Ops sorry…left one of the most significant element in the Proton's Cycle…SHITTING. Yeah…that's what they like to do most. Everything is about shitting where most of their time are waste at 'bullshitting' others.

    Those morons really have ruined almost everything including poor Proton.

    Thus it was stated that, to run Proton as a pure business entity without any interference involvement from the creepy Malaysian politicians-morons is the utmost prerequisite from Volkswagen toward the agreement. And it seems that this is the hardest part where those morons are stuck to seal the deal.

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  • schdmitz (Member) on Jun 25, 2007 at 12:31 am

    If the company didn't make any $$$$, sell it! like Jag,Rov and even RR these old brand sold to other ppl. No $ just sell it….ez and clean….

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  • raybrig85 (Member) on Jun 25, 2007 at 12:55 am

    i rather proton been overtake by others like vw…no no talk abt pride…this is 4 their goodness…jealous ar tgk seat n skoda…a lot of improvement 4 them…especially seat…their sales is quite good n they name it as a cheap vw…dat mean seat is good…damn…plz la proton…dont talk abt pride pride…x pyh nak kecohla…nie kecoh tp habuk pn tarak…they hd to improve a lot…

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  • szw (Member) on Jun 25, 2007 at 3:43 am

    cheaper isuzus ?

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  • benGkhorkhor (Member) on Jun 25, 2007 at 7:19 am

    These automotive makers are actually working togather for better profits and gain better matket capitalisation.

    Its a welcoming sight if isuzu does plan to have a plant here with what Vietnam is currently offering to foreign investors.

    Isuzu is doing alright in th JDM market for heavy vehichles.

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  • pekan (Member) on Jun 25, 2007 at 5:19 pm

    We have a joke around here..

    "CAREFUL GUYS.. THE JAPANESE JUST LANDED AT TELOK CHEMPEDAK.. AND SOME FOLKS JUST SAW THEM ON BICYCLES, RIDING IN THE JUNGLE.."

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  • owaief (Member) on Jun 26, 2007 at 1:09 am

    wait….isn't isuzu owned by GM?? and not toyota??

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  • LittleFire85 (Member) on Jun 26, 2007 at 4:21 am

    Well that is long time ago already.. when u heard that GM is losing money, they already starting to sell of their foreign shares.. like what ford is doing now…

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  • Penjual_lori on Nov 14, 2010 at 5:02 pm

    So far i dont even know the future of commercial truck in Malaysia. What is the principal strategy such as Isuzu,Hino,Nissan,Daihatsu and Mitsubihsi( Japannesse truck). What i know china truck is coming here and i think in less than this 5 years, china truck selling statistic boost up and will control our domestic market.

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