According to reports, Volkswagen is considering taking a stake in Isuzu Motors or purchasing the company outright, though it looks like a decision won’t be made anytime soon.
Seemingly, one of VW’s board members, Jochem Heizmann, has visited Isuzu’s production sites and held talks with the Japanese company, which is Japan’s largest manufacturer of medium to heavy trucks and of which Toyota has a 5.9% stake in.
Apparently, VW also discussed the possibility of MAN acquiring a holding in Isuzu, which would put the latter into the Veedub fold by proxy – VW holds a close to 30% stake in the German truckmaker. Both MAN and Isuzu declined to comment on the reports.
VW is of course on a quest to attain the No 1 automaker spot in the world, and is looking to acquire brands to aid its march to the top – Porsche is already set to become VW’s 10th brand, and the company is looking at Alfa Romeo as a possible addition to the stable.