GM discussing possible sale of Isuzu shares

General Motors acknowledged today that it is discussing the possible sale of Isuzu Motors Ltd. shares owned by GM in a private transaction.

GM said Isuzu is a core alliance partner with which it has many long-term mutually beneficial projects and the level of activity between the two companies continues to increase. GM does not expect any sale of its Isuzu shares to affect the strategic alliance.

The company said there can be no assurance that any transaction will result from these discussions.