Isuzu Japan Programming Exchange and Complementarity for Auto Spare Parts or Assembly of Cars among Taiwan, Mainland China and Japan
E020823X5 Sep. 2002（E37）
The Isuzu automobile company in Taiwan, of which Isuzu Japan (shareholding 50.69%) and Itochu Corporation (shareholding 34.74%) are major shareholders, held a shareholder’s meeting on August 22, 2002 and resolved to dissolve the company in the meeting. The meeting also resolved to have Isuzu Taiwan take over the production and sale of Isuzu heavy vehicles in the future. Isuzu’s distributors such as Prince Motors will continue providing after-sale services and supplying spare parts. The company has become another automobile importer who ceases business for short of funds since Taiwan’s entry to the WTO. In order to lower the production cost effectively, Isuzu Japan is programming the exchange and complementarity of spare parts or assembly of cars among Japan, Taiwan and Mainland China.
Isuzu Japan desires to bring about the exchange and complementarity of spare parts among Isuzu auto makers between the cross-strait by virtue of its merit in possessing the first market share for heavy vehicles in Mainland China, as of 2003 at latest, in addition to upgrading the ratio of the spare parts resold to Japan and strengthening Isuzu Taiwan’s competitive advantages.
Source:Commercial Times 08/23/2002
Economic Daily News 08/23/2002
