Isuzu Motors Limited has released its new Mid-Term business plan, “ISUZU Transformation - Growth to 2030 (IX)”, with the aim of transforming itself into a commercial mobility solutions company by 2030. The company will drive future growth by developing new businesses starting from three areas: (1) Autonomous driving solutions, (2) Connected services, and (3) Carbon neutral (CN) solutions. By promoting these new areas of growth, while strengthening current businesses, the Group is targeting net sales of JPY 6 trillion and an operating income ratio of 10% or more by FY2031.
(1) Autonomous driving solutions,
From FY2027, Isuzu Group plans to launch a new Level 4 autonomous driving truck and bus business.
(2) Connected services
In Japan, Isuzu Group will provide services to improve operational efficiency for transport companies and shippers, and create new services by linking cross-industry data with a commercial vehicle information platform.
(3) Carbon neutral solutions
By collaborating with various partners, Isuzu Group will promote CN through multi-pathway.
By further strengthening its core business, Isuzu Group aims to achieve new vehicle sales of more than 850,000 units, valued at over JPY 5 trillion in FY2031.
In Japan, the United States, and ASEAN, which Isuzu Group has identified as priority regions, the Group will continue to invest in the entire supply chain, especially in terms of increasing production capability. Furthermore, in India and Africa—strategic regions with future growth potential—the Group will make efforts to further penetrate the brand and expand its presence.
In Japan, the Group will also invest JPY 205 billion in enhancing sales and service functions that support new vehicle sales and existing fleet operators. Through these efforts, the Group aims to strengthen current businesses.
Utilizing its experience in BEV business development, the Group will launch light-duty BEVs in the United States. With this as a starting point, the Group will make active investments in the country to strengthen its development and purchasing functions and increase production capacity.
Isuzu Group is developing its global-standard for human capital management rooted in the ideals of ISUZU ID.
See Isuzu release on April 3
