DETROIT, March 29 /PRNewswire/ -- General Motors (NYSE: GM) acknowledged today that it is discussing the possible sale of Isuzu Motors Ltd. shares owned by GM in a private transaction. Isuzu is a core alliance partner with which GM has many long-term mutually beneficial projects and the level of activity between the two companies continues to increase. GM would not expect any sale of its Isuzu shares to have any effect on this important strategic alliance. There can be no assurance that any transaction will result from these discussions and it would, therefore, be inappropriate to comment further. SOURCE General Motors CONTACT: Rob Leggat, +86-138-1667-0879, or Toni Simonetti, +1-212-418-6380, mobile +1-917-822-3392, or Gina Proia, +1-212-418-6389, mobile +1-914-714-9166, all for General Motors -0- Mar/30/2006 1:27 GMT
GM Statement Regarding Possible Sale of Isuzu
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