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Izuzu History

From only POA Izuzu, one of the world's largest manufacturers of medium and heavy trucks, can trace its foundat...

Izuzu, one of the world's largest manufacturers of medium and heavy trucks, can trace its foundation back to the Tokyo Ishikawajima Shipbuilding and Engineering Co Ltd in 1893. The company which, like so many Japanese companies, did not restrict their activities to a single manufacturing area and were ready to pursue developing markets and technologies as they arose. Thus, in 1916, they entered a cooperative endeavour with Tokyo Gas and Electric Industrial Company to manufacture motor vehicles. In 1934, the business became known as Automotive Industries, making trucks in the 'Izuzu' range. Izuzu became the name for the company after it was reconstructed in 1947 after the second world war. The first vehicles, the A-9 car in 1922 and the CP truck of 1924, were built with the assistance of the Wolseley Motor Company, developing their range of trucks slowly, until they introduced their first air-cooled diesel engine in 1936. In 1953, Izuzu again sought foreign help to produce cars, this time hooking up with the Rootes Group to produce the Hillman Minx while the commercial division continued to develop, with its first two-ton low cab forward truck in 1959. Having introduced a direct-injection diesel engine, Izuzu broke into the world-wide market through a deal with General Motors that saw GM badges on trucks and cars until the 1980's, when they began selling under their own name everywhere, as well as making the diesel engines for Renault, Opel and other General Motors marques in Europe and Australia. Nowadays, their Elf, Forward and Giga series trucks are seen everywhere and continue to be the company's greatest design achievement. However, Izuzu has not neglected car manufacturing, developing reliable diesel SUV and pick-up ranges for the mass market. Their reliability is such that a solid used Izuzu car market has grown. Second hand Izuzu cars, the Trooper and Rodeo SUV's are readily available.

  

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.