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Companies

Diesel's downfall spelled the end of Toyota-Isuzu alliance

Breakup to hasten reorganization in commercial vehicle industry

Traffic signs banning diesel cars are installed in downtown Hamburg earlier this year.   © Reuters

NAGOYA, Japan -- The global retreat from diesel fuel has prompted Toyota Motor and Isuzu Motors to end a 12-year partnership as both automakers recalibrate their growth strategies.

"There were no gains from the capital tie-up," Koichi Seto, an Isuzu senior executive officer, told a press briefing on Aug. 3. "There is no overlap between the companies lately."

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