Troy A. Clarke
PER
Clarke Troy A. Clarke
Troy A. Clarke, president of G.M.'s Asia-Pacific operations, said the sale would bring G.M. a pretax profit of $550 million to $750 million. Mr. Clarke said G.M. was holding onto its 7.9 percent stake in Isuzu for now but seemed to leave open the possibility of a future sale. Mr. Clarke said G.M. decided on the Suzuki sale at a board meeting on Feb. 6. He said the sale would shrink G.M.'s stake in Suzuki back to its level before 1998 when G.M. began increasing its ownership. President of General Motors's Asia-Pacific operations, Troy A. Clarke, said the sale would bring General Motors a pretax profit of $550 million to $750 million. On Monday, Mr. Clarke said G.M. was holding onto its 7.9 percent stake in Isuzu for now, but seemed to leave open the possibility of a future sale. Although, he said, that they have not made any decisions on Isuzu but if they do, they will take the same responsible approach by working with them as they have with Suzuki. Mr. Clarke told that G.M. decided on the Suzuki sale at a board meeting on Feb. 6 and the sale would shrink G.M.'s stake in Suzuki back to its level before 1998, when G.M. began increasing its ownership.