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Mazda History

From only POA Mazda is one of the oldest Japanese car companies around today, having been founded in 1910. Origin...

Mazda is one of the oldest Japanese car companies around today, having been founded in 1910. Originally a maker of tools and machines, the company eventually shifted to the manufacture of vehicles and weapons for the Japanese military in WWII. Though the company is now known as 'Mazda', for most of its life it was known as the Toyo Kogyo Company. The Company adopted the name 'Mazda' in 1984, in recognition of the success of the Mazda car model. Production of cars began in earnest in 1960 with the R360. This was a fairly standard two-door coupe with a small engine. Though popular in Japan, it did not gain success abroad. To gain more popularity, Mazda concerted their engineering efforts into the design of the Wankel rotary engine. Instead of the usual pistons found in standard engines, the Wankel engine features a triangular rotor geared to the drive shaft. This greatly improves the power to weight ratio of the engine and its novelty proved an entry point for Mazda into foreign markets with the R100 and RX series. Mazda created a number of innovative models including a pick-up truck with a rotary engine and they built a manufacturing plant in Canada. Throughout the 60s, Mazda sales were strong both at home and abroad. Like other makers, the energy crisis in the '70s hit Mazda hard as people turned to more fuel-efficient models. Luckily, the company still had standard engine models in the lower-priced ranges and relegated the rotary engine to sport models. Mazda's innovative development of engine technologies, present in modern-classic models such as the MX5, which remain popular in both the used Mazda and nearly new Mazda markets, stands out as an achievement in the company's manufacturing history. This will continue in the future, as Mazda takes its role in the development of new hydrogen power engines.

  

Jarretts Motors Limited trading as Wilmoths Citroen and Wilmoths is an Appointed Representative of Automotive Compliance Ltd who is authorised and regulated by the Financial Conduct Authority (FCA No. 497010). Automotive Compliance Ltd’s permissions as a Principal Firm allow Jarretts Motors Limited trading as Wilmoths Citroen and Wilmoths to act as a credit broker, not a lender, for the introduction to a limited number of lenders, and to act as an agent on behalf of the insurer for insurance distribution activities only.

We are a credit broker and not a lender. We can introduce you to a lender on our panel, which includes lenders of vehicle manufacturers. We have commercial arrangements with lenders and credit brokers which are likely to influence who we introduce you to. We are not an independent financial adviser and don’t give you any advice or recommendations. It is your choice whether you enter into any finance agreement.

 

Our approach is to introduce you first to the manufacturer lender linked to the franchise offering you the vehicle. They will usually offer the best available package for you, taking into account both interest rates and other contributions (but we do not guarantee they do). If they are unable to offer finance, we then seek to introduce you to someone else on our panel. We will usually receive a commission for your introduction. This will be either a fixed fee, or a fixed percentage of the amount that you borrow. This may be linked to the vehicle model you choose.

 

Lenders of vehicle manufacturers may also provide preferential rates to us for the funding of our vehicle stock and also provide financial support for our training and marketing. But any such amounts they and other lenders pay us will not affect the amounts you pay under your finance agreement. Before we propose you to a potential lender, we will tell you of the likely amount of commission we will receive and seek your consent to receiving this commission. The exact amount of commission will be confirmed before you sign your finance agreement.

 

All finance applications are subject to status, terms and conditions apply, UK residents only, 18s or over. Guarantees may be required.