Isuzu moving into used cars

By CARSIFU | 28 April 2017

TOKYO: Isuzu Motors Limited is expanding into the used car business.

It announced today that it has acquired a 9.9% stake (about 400 million yen) in Japanese used car company, Apple International Co., Ltd.

Both companies will form a strategic capital and business alliance for domestic and overseas joint ventures.

Isuzu said the used vehicle business was a way for it to enhance its aftersales business.

Apple International has an extensive distribution network mainly in the used passenger car segment in Japan and Thailand.