GM cashes out of Isuzu

US car maker General Motors expects to raise $300m (€248m) cash by selling its stake in Japan's Isuzu Motors.

It sold its 7.9% Isuzu stake to Japan's Mizuho Corporate Bank and conglomerates Mitsubishi and Itochu, all business partners and shareholders of Isuzu. The strategic relationship with Isuzu, started in 1971, continues.

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