Isuzu and Toyota Sign Basic Agreement on Business Collaboration; Toyota Motor Corporation to Purchase Shares of Isuzu Motors Limited.Tokyo, Japan, Nov 7, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Isuzu Motors Limited (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 7202) and Toyota Motors Corporation (TMC TMC Technology Marketing Corporation (Norwalk, Connecticut) TMC Texas Medical Center (Houston, TX) TMC Traffic Message Channel TMC The Movie Channel TMC Traffic Management Center ; TSE: 7203) announced today that they have signed a memorandum of understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. stating they will start studying the synergic synergic /syn·er·gic/ (sin-er´jik) acting together or in harmony. syn·er·gic adj. Synergistic. effects of business collaboration. In the collaboration, the two companies seek to mutually utilize their management resources in the fields of research & development and production, and to supplement each other's technological development. About Isuzu Motor Limited Isuzu Motor Limited was established in 1937. Isuzu's principal activities are the manufacture and distribution of automobiles and motor vehicle parts and components. Major divisions are Automobiles (passenger cars, trucks, buses, engines, components and parts for overseas production), Finance (credit services and leasing) and Real Estate. About Toyota Motor Corporation Toyota Motor Corporation (TSE: 7203; NYSE NYSE See: New York Stock Exchange : TM), established in 1937, is one of the world's representative automobile manufacturers, producing vehicles in 26 countries and regions and marketing vehicles in more than 170 countries and regions. In fiscal 2006, Toyota provided nearly eight million vehicles on a consolidated basis to customers around the world under the Toyota, Lexus, Daihatsu and Hino brands. Toyota had more than 280,000 employees at the end of fiscal 2006. The company is headquartered in Aichi, Japan. For more information, please visit www.toyota.co.jp/en/index.html. Source: Toyota Motor Corporation Contact: Toyota Motor Corporation Public Relations Department http://www.toyota.co.jp/en/index_company.html Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion