I did a lot of obsessive reading before I bought my VX and read a LOT of stuff. Possibly at least HALF of that was typical sloppy journalism - aka WRONG - but here is the IMPRESSION I was left with:
The concept was enough of a hit at the 1993 shows that Isuzu wanted to make it a reality - and expecting it wouldn't "be for everybody" they may have used it as a test for some experimentation. Their engineers indicated they could probably get about 6000 stamps out of the unique ceramic / concrete-filled dies that cost about 1/3 of the price of traditional steel dies and somebody said, "Let's see if you're right." They also wanted the VX to go from concept to production quickly so the other part of the experiment was to bypass a lot of red tape and several levels of repetitive management that might hinder progress so the VX was assigned to a much smaller team. All that worked, the VX became reality quickly and the brains were proved to be accurate regarding the number of reliable stamps they could get out of the dies.
The final product was kinda pricey although and had some nice features, but wasn't exactly enticing enough to justify the price to the general public who test drove it. Had it been a mega-hit, Isuzu probably would have said, "Let's make some more traditional dies and mass produce" but that didn't happen.
Let the heckling begin: I not only briefly worked as a salesman for a car dealership, I worked for the sleaziest company in town. I have seen how a dealer will boost the price for a low production vehicle, just to draw people into the showroom to see something "special." In my case it was the last generation Thunderbird. Sometimes a dealer will hang on to something a little too long and suddenly the "market adjustment price" - $5000 - $15000 over MSRP - can no longer be supported and they dump the price below MSRP just to get the thing off the lot. Example: A guy I met at a car show Saturday said a local dealer offered to sell him a 2001 Ironman for $25k in 2003.
Anyway, all that could be wrong, but it's the impression I was left with.
