Streetbeat News

ISUZY

Isuzu Motors Ltd

http://www.isuzu.co.jp/

Industry

Automobile Manufacturing

Open

13.27

Mkt cap

9.8B

Volume

2.2K

High

13.27

P/E Ratio

9.83

52-wk high

15.65

Low

13.23

Div yield

0.05

52-wk low

11.22

Isuzu Motors Ltd. (OTC:ISUZY) is set to launch compact electric trucks in North America from August, ahead of stricter CO2 emission regulations in 2027. The company plans to expand to midsize trucks by 2026. This move comes as Tesla Inc. (NASDAQ:TSLA) faces delays in its Tesla Semi production, and Amazon.com Inc. (NASDAQ:AMZN) advances its zero-emission logistics efforts.

Portfolio Pulse from Benzinga Neuro

July 31, 2024 | 11:00 am

Toyota Motor Corporation (NYSE:TM) reported a 6.9% drop in global sales for February, marking its first year-over-year decrease in thirteen months. The decline was attributed to a production slump of 2.6% and intense competition, particularly in China where a price battle is ongoing. Despite a 16% surge in U.S. sales and a 14% increase in Europe, sales in Japan plummeted due to production halts at Daihatsu. Toyota also announced plans to start mass production of an electric Hilux pickup by the end of 2025, following Isuzu Motors, Ltd. (OTC:ISUZY) in the electric pickup market in Thailand.

Portfolio Pulse from Nabaparna Bhattacharya

March 28, 2024 | 4:11 pm

Toyota Motor Corp plans to start mass production of an electric Hilux pickup in Thailand by end of 2025, following Isuzu Motors' announcement to produce a battery-powered D-MAX there. This move is part of a broader shift towards electric vehicle adoption in Southeast Asia, with significant investments in the region. Toyota aims to sell 250,000 vehicles in Thailand this year and will trial battery Hilux pickups in Pattaya next month. TM shares rose 0.77% to $254.37.

Portfolio Pulse from Shivani Kumaresan

March 26, 2024 | 4:24 pm

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