As anticipated, General Motors announced today that it has sold its 7.9 percent equity stake in Isuzu. GM expects to get cash proceeds of about $300 million, which will be used to support the North American turnaround plan, finance future growth initiatives, strengthen the balance sheet and fund other corporate priorities.

Source: http://www.leftlanenews.com/2006/04/11/gm-dumps-isuzu-stake/