Isuzu Motors and Volvo Group announced that they have signed a new strategic agreement that will support the joint development by Isuzu Motors and UD Trucks of a common platform for medium heavy-duty truck models for the Japanese and other Asian markets, utilizing Volvo Group technology.
The long-term collaboration, which builds on a framework agreement established in October 2020, is set to run for a minimum of 20 years.
The partnership includes the continued supply of key Volvo components—particularly powertrains—and ensures technical support in development and quality assurance. It will focus on advancing platform development and strengthening customer support systems to ensure a stable and successful market introduction, the companies said in a news release.
“This new agreement marks a significant milestone in the deepening of trust and collaboration between Isuzu Motors and Volvo Group,” said Masanori Katayama, chairman and CEO of Isuzu Motors. “By combining our technological strengths and expertise, we are paving the way for the future of medium heavy-duty trucks in Japan and across Asia.”
Volvo Group president and CEO Martin Lundstedt added that this agreement creates a ‘true win-win.’
“By leveraging shared technology, both parties can drive industrial efficiency and long-term value for customers. It strengthens our ability to grow revenues while contributing to a more competitive offering in the Asian market,” he said in the release.
The companies say the agreement is part of a broader effort to tackle future logistics challenges by combining technological expertise and creating large-scale synergies.
