Struggling General Motors Corp. is talking to Isuzu Motors about selling its truck business, in what would mark the first Japanese takeover of a business from the US Big Three, a report said Friday.
Isuzu, Japan's second biggest truck maker, is "positive" about the deal, which would be worth tens of billions of yen (hundreds of millions of dollars), the Nikkei business newspaper said in its evening edition.
But an Isuzu spokesman denied the report.
"The company has not been approached by General Motors," he said.
The US Big Three automakers have been suffering major losses as soaring oil costs and a slowing US economy sap sales.
GM is widely expected to lose its nearly eight-decade-old crown as the top world automaker this year to Japan's Toyota Motor Corp.