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Isuzu

Isuzu Motors Ltd. (Japanese: いすゞ自動車株式会社, Hepburn: Isuzu Jidōsha Kabushiki-Kaisha), commonly known as Isuzu (Japanese pronunciation: [isɨᵝzɨᵝ], /iˈsuzu/), is a Japanese multinational automobile manufacturer headquartered in Yokohama, Kanagawa Prefecture. Its principal activity is the production, marketing and sale of Isuzu commercial vehicles and diesel engines.

Isuzu Motors Ltd.
Headquarters at Yokahama Gate Tower in Yokohama, Kanagawa Prefecture
Native name
いすゞ自動車株式会社
Isuzu Jidōsha Kabushiki-gaisha
Company typePublic
TYO: 7202
TOPIX Large 70 Component
IndustryManufacturing
Founded30 March 1934; 90 years ago (1934-03-30) (as Isuzu)
HeadquartersYokohama Gate Tower, Nishi-ku, Yokohama, ,
Japan
Area served
Worldwide
Key people
Masanori Katayama [jp]
(Chairman, CEO & Representative Director)
Shinsuke Minami
(President, COO & Representative Director)
ProductsCommercial vehicles
Diesel engines
Diesel generators
Passenger cars (until 2002)[1]
Revenue ¥3,195.53 billion (FY2023)[citation needed]
¥253.54 billion (FY2023)
¥151.74 billion (FY2023)
Total assets ¥3,046,777 million (FY2023)
Total equity ¥1,510,232 million (FY2023)
Number of employees
8,056 (44,495 consolidated)
Subsidiaries
Websitewww.isuzu.co.jp

The company also has a number of subsidiaries and joint ventures, including UD Trucks, Anadolu Isuzu (a Turkish joint venture with Anadolu Group), Sollers-Isuzu (a Russian joint venture with Sollers JSC - Production stopped in March 2022, Isuzu stake transferred to Sollers in July 2023[2]), SML Isuzu (an Indian venture formerly known as Swaraj Mazda), Jiangxi Isuzu Motors (a Chinese joint venture with Jiangling Motors Company Group), Isuzu Astra Motor Indonesia, Isuzu Malaysia (Isuzu HICOM), Industries Mécaniques Maghrébines, Isuzu UK, Isuzu South Africa, Isuzu Philippines, Taiwan Isuzu Motors, Isuzu Vietnam, Isuzu Motors India and BYD Isuzu.

Isuzu has assembly and manufacturing plants in Fujisawa, which have been there since the company was founded under earlier names, as well as in the Tochigi and Hokkaidō prefectures. Isuzu-branded vehicles are sold in most commercial markets worldwide. Isuzu's primary market focus is on commercial diesel-powered truck, buses and construction.

Named after the Isuzu River, the kanji of Isuzu (五十鈴) mean "fifty bells".

History edit

 
Isuzu Sumida bus 1927
 
Wolseley CP series (Japanese built)

Isuzu Motors' history began in 1916, when Tokyo Ishikawajima Shipbuilding and Engineering Co., Ltd. planned a cooperation with the Tokyo Gas and Electric Industrial Company to build automobiles. The next step was taken in 1918, when a technical cooperation with Wolseley Motors Limited was initiated, yielding exclusive rights to the production and sales of Wolseley vehicles in East Asia from knock-down kits.[3] In 1919 came the first ever Japan-produced passenger car, a Wolseley model, the Fifteen A9 15/40 НР at the Tokyo Ishikawajima Shipyard at the Fukagawa Factory.[4] The Wolseley sourced CP truck followed two years later; 550 of these were built by 1927.[5] In 1923 Japan was devastated by the Kanto earthquake which made the fledgling transportation infrastructure that was heavily reliant on government-owned railroads unusable due to the twisted tracks. Heavy construction vehicles were imported from the United States companies GMC and Ford to aid in recovery and reconstruction, and the company sought to contribute by producing locally built construction and heavy duty vehicles. In 1927 the company introduced its 2-ton load capacity "Sumida P-type truck" equipped with an A6 engine and a 1-ton vehicle "Sumida M-type No. 1 bus" equipped with an A4 engine. The name "sumida" was used from the Sumida River as the factory at Fukagawa was close by.

In 1929 IHI Corporation, separated part of its manufacturing business and merged with DAT Automobile Manufacturing Inc. (a predecessor of Nissan) and changed its name to Jidosha Kogyo Co., Ltd. (Automobile Industries Co., Ltd.) The names used for the products of this company, marketed as "Sumida" and "Chiyoda", have special significance in Japan. Chiyoda is a district in Tokyo where the Imperial Palace is located, and Sumida refers to a river that flows through Tokyo approximately 3.59 km (2.23 mi) east of the Imperial Palace.[3] In 1934 the Tsurumi Factory opened under company name Automobile Industry Co., Ltd. and in 1937 Automobile Industries was reorganized and formed into a new company, Tokyo Automobile Industries Co., Ltd. and was founded with a capital of ¥1,000,000. The company continued to manufacture heavy duty trucks and passenger busses, realizing the need to modernize the transportation infrastructure of Japan, and was one of the primary manufacturers for the Imperial Japanese Army along with Mitsubishi Heavy Industries, and had a corporate allegiance to the Yasuda Zaibatsu. One of the vehicles it produced for the war effort was the Sumida M.2593 armored personnel carrier. In 1942, Hino Heavy Industries was split off from Tokyo Automobile Industries, becoming a separate corporation.[6] After the Second World War, the company was finally renamed to Isuzu (after the Isuzu River) in 1949, following a meeting with the Japanese Government's Ministry of Trade and Industry (MITI).

Etymology edit

The word Isuzu translated into English means "fifty bells"—hence the focus on "bell" in both the later Bellel and the Bellett. The name was used from the Isuzu River that flows near to the Ise Grand Shrine, one of Japan's most sacred and revered shrines.

 
The first Isuzu emblem, 1949–1974
 
Second generation Isuzu emblem, 1974–1991
 
Current Isuzu emblem, 1991–present

Post World War history edit

Truck and bus production of the TX40 and TU60 series and the Isuzu Sumida bus resumed in 1945, with the permission of the occupation authorities.[7] and has remained the primary focus of manufacture for the company, along with diesel engine production. In 1958 a factory was built at Fujisawa, Kanagawa, and in 1959 the Isuzu Elf was introduced as a medium duty cab over commercial truck which is still in production, and was also shared with the Isuzu Journey bus. Isuzu continued to maintain its market presence by providing commercial vehicles by introducing the Isuzu TY in 1966. The company is one of the primary manufacturers of commercial duty trucks and busses for public transportation, to include the Isuzu Cubic, Isuzu Gala and the Isuzu Erga along with the Isuzu Giga.

Corporate partnerships edit

Beginning in 1953 the Hillman Minx passenger car is produced under license of Rootes Group giving the company a passenger car to compete with other Japanese manufacturers, realizing that their resources were limited and therefore sought out international partnerships. The Minx remained in production until 1962, after the 1961 introduction of Isuzu's first passenger car, the Bellel,[3] and later the sports coupe Isuzu 117 Coupé. Being a small producer making cars which were somewhat too large and pricey for the Japanese market at the time, Isuzu spent some time looking for a commercial partner. Under pressure from MITI, who were attempting to limit the number of automobile manufacturers in Japan, a cooperation with Fuji Heavy Industries (Subaru) began in 1966. This joint sales-service collaboration was seen as the first step towards an eventual merger.[8] The Subaru 1000 was even shown in Isuzu's 1967 annual vehicle brochure, as a suitable complement to the larger Isuzu lineup.[9] This tie-up was over by 1968, when an agreement with Mitsubishi was formed. This ended even more quickly, by 1969, and the next year an equally short-lived collaboration was entered with Nissan.[10] A few months later, in September 1971, what was to prove a more durable capital agreement was signed with General Motors.

Linking with General Motors edit

 
Isuzu 117 Coupe

While the company had a long relationship with GM going back to the 1920s, the first investment of GM taking a 34% stake in Isuzu was seen in 1972, when the Chevrolet LUV became the first Isuzu-built vehicle to be sold in the United States. To symbolize the new beginning, Isuzu also developed a new logo for 1974, with two vertical pillars as stylized representations of the first syllable in いすゞ ("Isuzu").[5] In 1974 Isuzu introduced the Gemini, which was co-produced with General Motors as the T-body Chevrolet Chevette. A modified version was sold in the United States as Buick's Opel by Isuzu, and in Australia as the Holden Gemini. As a result of the collaboration, certain American GM products were sold to Japanese customers through Isuzu dealerships. Holden's Statesman was also briefly sold (246 examples) with Isuzu badging in Japan during the seventies.[11] Isuzu exports also increased considerably as a result of being able to use GM networks, from 0.7% of production in 1973 to 35.2% by 1976; this while overall production increased more than fourfold in the same period.[10] As a result of the GM joint venture, Isuzu engines were also used by existing GM divisions (some USA-market Chevrolet automobiles had Isuzu powertrains e.g. the Chevette and early S10/S15 trucks manufactured prior to 1985).

 
1966 Isuzu Bellett 1600 GT (PR90)

In 1981 Isuzu began selling consumer and commercial vehicles under their own brand in the United States. The Isuzu P'Up was the first model sold to consumers as an Isuzu, rather than as a Chevrolet or Buick, along with the Isuzu Piazza sports car. Isuzu's then president Toshio Okamoto then initiated a collaboration with small-car expert Suzuki to develop a global small car for GM, the S-car.[12] A three-way agreement of co-ownership was signed in August 1981, with Isuzu and Suzuki exchanging shares and General Motors taking a 5% share of Suzuki.[12] Following on from this, in 1985 Isuzu and GM established the IBC Vehicles venture in the United Kingdom, producing locally built versions of Isuzu and Suzuki light vans (the Isuzu Fargo and Suzuki Carry); to be sold in the European market under Vauxhall's Bedford brand. During this period Isuzu also developed a worldwide presence as an exporter of diesel engines, with their powerplants in use by Opel/Vauxhall, Land Rover, Hindustan, and many others. Two Isuzu model lines (Gemini, Impulse) were marketed as part of the Geo division (Spectrum, Storm) when it was initially launched as a Chevrolet subsidiary. In the domestic Japanese market, OEM deals with other manufacturers were entered to aid the poorly performing passenger car arm. It led to the badging of Suzukis, beginning in 1986,[13] and Subaru small commercial vehicles as Isuzus (Geminett, Geminett II). This OEM tie-up occurred alongside the establishment of SIA (Subaru-Isuzu Automotive), an American joint venture with Fuji Heavy Industries (the parent company of Subaru). Shortly afterwards, the Lafayette, Indiana plant became operational.

Contraction begins edit

 
1967 Isuzu Unicab, a two-wheel-drive utility vehicle

Isuzu ended US sales of the Impulse (Geo Storm) in 1992, and the following year it stopped exporting the Stylus (the basis for the Geo Spectrum), the last Isuzu-built car sold in the US.

In 1993 Isuzu began a new vehicle exchange program with Honda, whereby Honda sold the Isuzu Rodeo[14] and Isuzu Trooper as the Honda Passport and Acura SLX, respectively. In return Isuzu began selling the Honda Odyssey as the Isuzu Oasis. Thus, Honda's lineup gained two SUVs, and Isuzu's lineup gained a minivan. In the Japanese market, the Gemini (Stylus) was now a rebadged Honda Domani and the Aska (originally based on the GM J-car) was a Honda Accord, while Honda received the 2-door MU as the Jazz and the 4-door Trooper as the Horizon.

Isuzu's United States sales reached a peak in 1996 after the introduction of the Isuzu Hombre pickup, a badge-engineered GM truck (using the sheetmetal of the Brazil-market Chevrolet S10). Isuzu resurrected the beloved Amigo in 1998, before changing the name of the 2-door convertible to Rodeo Sport in 2001 in an attempt to associate it with the better selling 4-door Rodeo. The new Axiom launched in 2001, with the fictional salesman Joe Isuzu from 1980s advertising campaigns brought back to promote it. Isuzu sales began to slide due to the aging of the Rodeo and Trooper, and poor management and a lack of assistance from GM. The Rodeo Sport was discontinued in 2003, while production of the Rodeo and Axiom ceased a year later. By this point sales in North America had slowed to just 27,188, with the discontinued Rodeo and Axiom making up 71% of that total.

In 1998 GM and Isuzu formed DMAX, a joint venture to produce diesel engines. GM raised its stake in Isuzu to 49% the following year, effectively gaining control of the company, and quickly followed this up by appointing an American GM executive to head Isuzu's North American Operations. This marked the first time a non-Japanese executive had held such a high position at Isuzu. In 2001 GM and Isuzu announced plans to share distribution networks and for Chevrolet to market an Isuzu product.[15]

 
Isuzu VehiCROSS

The production version of the VehiCROSS was introduced to the US in 1999, but met with mixed reviews, as its high price tag, unique styling and two-door configuration did not seem to meet with market demands. Production of the VehiCROSS and other sport utility vehicles, including the Trooper, ended in 2001 as part of a major financial reorganization which eliminated almost 10,000 jobs.[15] GM had been pushing the company to focus exclusively on producing commercial vehicles and engines.[15]

The number of Isuzu dealerships in the US began a rapid decline, and by 2005 had only 2 models: the Ascender (a re-badged GMC Envoy) and the i-series pickup truck (a rebadged Chevrolet Colorado). At this point, Isuzu in the US was primarily a distributor of medium duty trucks such as the N-series, sourced both from Japan and US plants in Janesville, Wisconsin and Flint, Michigan. Isuzu had 290 light-vehicle dealers in the US in August 2006, and sold an average of just two Ascenders per dealer per month, and rumors of Isuzu's withdrawal from the US market were rampant. Plans to introduce a new Thai-built SUV for 2007 were shelved when Isuzu Motors Limited decided that a new SUV would be too risky, instead proceeding with the launch of the i-series trucks. Despite extremely low sales figures of 12,177 passenger vehicles for 2005 (with leftover Axiom and Rodeos making up 30% of this), Isuzu Motors America announced its first profit in years, mainly due to restructuring cuts.

In early 2002, Fuji Heavy Industries (Subaru's parent company) bought Isuzu's share of Lafayette, Indiana plant, and Subaru Isuzu Automotive (SIA) became Subaru of Indiana Automotive. After 8 years of heavy Honda Passport sales and light Isuzu Oasis sales, Honda and Isuzu cooperatively ended their vehicle exchange agreement in 2001. The Oasis was dropped, and Honda replaced the Passport with the Pilot. 2001 was Isuzu's last year for passenger vehicles in Canada, as Isuzus in Canada were mostly sold at Saturn-Saab dealerships. In late 2002 Isuzu initiated a recapitalization and debt-for-equity conversion plan to stave off a bankruptcy.[16] GM acquired 20% of DMAX, 60% of Isuzu Motors Polska and Isuzu Motors Germany, and the rights to three types of diesel engine technology from Isuzu.[17] by paying 50 billion yen (about US$425 million).[16] GM also paid 10 billion yen (about US$85 million) for a 12% stake in the recapitalized company.[16] GM wrote off its investment in Isuzu in 2001.[18]

Production of the 7-passenger Ascender ended in February 2006 with the closure of GM's Oklahoma City Assembly plant, leaving Isuzu with the 5-passenger Ascender, built in Moraine, Ohio and the low-selling i-Series as its only retail products. The company sold just 1,504 vehicles in North America in the first two months of 2006. GM ended its equity investment in Isuzu and sold all its shares to Mitsubishi Corporation, Itochu and Mizuho Corporate Bank; both GM and Isuzu claimed the companies would continue their relationship, but there was no word as of April 12, 2006 on the effect this would have on DMAX operations.

 
Isuzu LT132L on a Hong Kong motorway
 
Isuzu LV486R CNG City Bus in Bangkok with the CNG-MPI Engine

In June 2006 Isuzu and GM agreed to establish a joint venture called "LCV Platform Engineering Corporation (LPEC)" to develop a new pickup. Isuzu said it would use its engineering expertise to develop the pickup and GM would develop derivatives based on the integrated platform. Mitsubishi Corp became Isuzu's largest shareholder in October 2006, after it converted all the preferred shares in Isuzu it had held since 2005 into common stock, increasing its shareholding from 3.5% to 15.65%.[19]

In November 2006 Toyota purchased 5.9% of Isuzu, becoming the third largest shareholder behind Itochu and Mitsubishi Corporation, and the two companies agreed to study possible business collaboration focusing on the areas of R&D and production of diesel engines, related emissions-control, and other environmental technologies. In January 2007 Isuzu and General Motors updated the LCV range with a 3.0 litre common rail diesel engine that had far more torque and power than its predecessor. In August 2007 Isuzu and Toyota agreed to develop a 1.6-liter diesel engine for use in Toyota vehicles sold in European markets. At this point, details of development, production and supply of the diesel engine were still under discussion, but in principle, Isuzu would play the leading role, with production scheduled to begin around 2012.

On 30 January 2008, Isuzu announced its complete withdrawal from the US market,[20] effective 31 January 2009. It would continue to provide support and parts. The decision was due to lack of sales.[21] Some of the lack of sales was blamed on consumer experiences with low quality engines and service.[22] Isuzu had been experiencing a slow decline since the late 1990s. In less than 10 years, they had gone from selling a complete line of cars, trucks, and SUVs, into being a specialized SUV maker, and finally selling only a pair of rebadged, General Motors Trucks.[23] The company continued to sell commercial vehicles in the US.[24]

Isuzu and Toyota shelved development of a clean diesel engine in December 2008.[25]

On 29 January 2009, Isuzu and GM announced that they were in talks to transfer the operation of the medium-duty truck production line in Flint, Michigan to Isuzu for a five-year period. In June, however, GM announced that these talks failed to reach an agreement, and GM instead ceased production of the Chevrolet Kodiak and GMC Topkick vehicles on 31 July 2009.[26]

In July 2016, Isuzu and Mazda agreed to collaborate to produce the next-generation pickup trucks for Mazda outside of North America.[27] As a result, the third-generation Mazda BT-50 is built by Isuzu in Thailand since 2020.

Isuzu's plant in the Indian state of Andhra Pradesh began operations in 2016.[28]

In August 2018, Toyota sold off its 5.9% stake in Isuzu.[29]

In December 2019, Isuzu announced that it had signed a non-binding memorandum of understanding which would eventually see Volvo sell UD Trucks to them.[30] In November 2020, the companies announced that they have signed the "final agreements", making the memorandum of understanding binding.[31] In April 2021, Isuzu completed UD Trucks acquisition.[32]

In March 2021, Isuzu, Hino, and Hino's parent Toyota announced the creation of a strategic partnership between the three companies. Toyota acquired a 4.6% stake in Isuzu while the latter plans to acquire Toyota shares for an equivalent value. The three companies said they would form a new joint venture by April called Commercial Japan Partnership Technologies Corporation with the aim of developing fuel cell and electric light trucks. Toyota would own an 80% stake in the venture while Hino and Isuzu would own 10% each.[33]

Market presence edit

 
Isuzu Gemini with European (Maltese) registration plates
 
Isuzu NHR (Elf) light truck
 
Isuzu NovoCiti Life serving in Vilnius public transport, Lithuania

In most of Asia and Africa, Isuzu is known primarily for trucks of all sizes, after Isuzu dropped all sales of sedans and compact cars in the late 1990s due to plummeting sales. In the days when Isuzu sold passenger cars, they were known for focusing on the diesel-engined niche. In 1983, for instance, long before the explosion in diesel sales, diesels represented 63.4% of their passenger car production.[34] In 2009, Isuzu abandoned the United States consumer market due to lack of sales. Isuzu as a corporation has always been primarily a manufacturer of small to medium compact automobiles and commercial trucks of sizes medium duty and larger, but markets around the world show different needs.

Isuzu Motors America discontinued the sale of passenger vehicles in the United States on January 31, 2009. The company explained to its dealers that it had not been able to secure replacements for the Isuzu Ascender and Isuzu i-Series that would be commercially viable. Isuzu sold 7,098 cars in the year 2007. This action did not affect Isuzu's commercial vehicle or industrial diesel engine operations in the United States.[21] Isuzu has a contract with Budget Truck Rental to manufacture their rental trucks, shared with Ford, GMC, and Navistar International.[35]

In Australia, Isuzu was for many years a major supplier of light commercial and domestic vehicles to Holden (General Motors). However, by 2008, Holden was sourcing few Isuzus. At this time Isuzu began to sell the D-Max under the Isuzu name.

Isuzu's entry in the Thai market proved to be one of its most successful. Its presence in the country began in 1966 when it established a manufacturing facility for pick-up trucks in the Samuthprakarn province with a capacity of 155,000 units per year.[36] The automaker quickly became a market leader so that by 2002, the company transferred its production base from its original location in Fujisawa, Japan to Thailand. Isuzu claimed the largest share of the Thai commercial vehicle market, outperforming its competitors for at least 23 years.[36] By 2006, the company transferred to an industrial zone in Chachoengsao province to support further production expansion. By 2017, Isuzu has been exporting pick-up trucks, with shipments reaching North America, Latin America, Australia, and Japan.[37] In the same year, it announced that its profit climbed 7 percent and has doubled its annual truck production to meet overseas demands.[38]

Subsidiaries and joint ventures edit

Japan edit

The Fujisawa Plant was built and opened for production November 1961. It is located at 8 Tsuchidana, Fujisawa, Kanagawa, and is still producing commercial vehicles for domestic Japanese use and international exports. The Toghichi Plant, located at Hakuchu, Ohira-Machi, Tochigi, Tochigi, is where the engines are currently built. There was a factory at Tono Machi, Kawasaki-ku, Kawasaki-shi, Kanagawa Pref. that closed March 2005 that manufactured passenger vehicles.

Mimamori-kun online service edit

Mimamori-kun, which means to watch, monitor, or observe in Japanese (literally "Mr. Watcher"),[39] is a commercial vehicle telematics service developed by Isuzu Motors for monitoring and tracking commercial vehicle operations and movements in Japan. The service uses GPS satellite tracking services, and began February 2004. It is connected to the internet and provides government mandated driver activity logs, and records how long the driver was on-duty and how much time was spent driving. The service also records when the driver took lunch breaks, where the truck stopped and for how long, and when the driver logged off for his duty shift.

The service has been modified for personal use in Japan to keep track of family members, to include the health status of elderly persons and pinpoint the location of children for safety purposes.[40]

Some of the main features include the wireless Internet Digital Tachograph, the first of its kind in Japan, combined with hands-free communication, voice guidance, and text messages displayed from the dispatch office. The system also has a password-enabled vehicle theft prevention feature that will not let the vehicle start without the driver having entered a password.[citation needed]

International operations edit

Former international operations edit

Isuzu Diesel Engines / Power Train division edit

Diesel engines are a major part of the Isuzu Motor's business with over 20 million engines worldwide.[clarification needed][41] The diesel power division, known as the PowerTrain Division, of Isuzu Motors America, is located in Plymouth, Michigan.[41]

North American Master Distributors edit

Southwest Products[42] - Covering California, Nevada and Arizona.[42]

United Engines[42]

Mack Boring Parts[42]

M & L Engine[42]

Isuzu Diesel powered equipment edit

Ag Equipment edit

  • Harrington Seed Destructor[43]

Construction equipment edit

  • Paving equipment produced by CRAFCO. It manufacturers a variety of paving equipment that is powered by Isuzu diesel engines.[44]

Passenger, bus and commercial vehicles edit

 
Isuzu CXZ (Giga) heavy truck
 
Isuzu Journey operated by Citibus (New Zealand)
 
2005 Isuzu D-max Spacecab Hi-lander in Thailand
 
Isuzu CQA650A/T
 
Isuzu LV223S
 
Isuzu LV423R
 
Isuzu MT111QB

Current passenger vehicles edit

  • 2002–present, D-Max - pickup truck, a top selling diesel sold in the majority of Isuzu markets (excluding Japan and North America).
  • 2013–present MU-X - SUV, successor of Isuzu MU-7, developed from D-Max.

Current commercial vehicles edit

UD Trucks vehicles edit

From April 2021 onwards, UD Trucks' products are part of the Isuzu company lineup.

Former passenger vehicles edit

Former commercial vehicles edit

  • Bison - light commercial pickup truck, a rebadged second generation Mitsubishi Delica pickup truck for Indonesian market (not related to fourth generation Isuzu Elf that was sold under Bison name in Indonesia in the early 1990s).
  • Fargo - light commercial van
  • H-Series - heavy duty truck in United States only (rebadged from GMC Topkick and Chevrolet Kodiak).

Race cars edit

  • 1969 Isuzu R7, Group 7 - racecar
  • 1970 Isuzu Bellett R6, Group 6 - racecar

Concept cars edit

  • 1969 Isuzu Bellett MX1600
  • 1979 Isuzu Asso di Fiori
  • 1983 Isuzu COA
  • 1985 Isuzu COA II
  • 1987 Isuzu COA III, AWD mid-engine coupe.
  • 1987 Isuzu Zero Door
  • 1989 Isuzu Costa
  • 1989 Isuzu MultiCROSS
  • 1989 4200R
  • 1991 Isuzu Como F1, a pickup-style crossover with a Lotus Formula One engine[46] (the name was later used for the rebadged Nissan Caravan produced from 2001).
  • 1991 Isuzu Nagisa
  • 1991 Isuzu Terraza
  • 1993 Isuzu XU-1
  • 1993 Isuzu VehiCROSS
  • 1995 Isuzu Deseo
  • 1995 Isuzu Aisance
  • 1997 Isuzu VX-2
  • 1997 Isuzu ZACCAR
  • 1999 Isuzu VX-O2
  • 1999 Isuzu Kai
  • 1999 ZXS
  • 2000 Isuzu VX-4
  • 2001 Isuzu Zen
  • 2001 Isuzu GBX
  • 2001 Isuzu Axiom XSF
  • 2002 Isuzu Axiom XSR
  • 2002 Isuzu Axiom XST
  • 2011 Isuzu T-Next
  • 2020 Isuzu FLIR

Buses (Philippines) edit

  • LV314K
  • LV314L
  • CJM470
  • CJM500
  • LT132
  • LV423
  • LV123
  • PABFTR33PLB
  • FTR33P
  • FTR45
  • PABFVR33P

Buses (Thailand) edit

  • CQM275hp
  • CQA650A/T
  • JCR600YZNN
  • LT112P
  • LV223S
  • LV423R
  • LV486R
  • LV771
  • MT111L
  • MT111QB

Buses (Ukraine) edit

  • Bogdan buses - sold under Isuzu brand outside Ukraine

Military vehicles edit

 
Isuzu HTS12G 2.5 ton truck

See also edit

References edit

  1. ^ Jackson, Kathy (4 February 2008). . Automotive News. Crain Communications, Inc. Archived from the original on 10 October 2019.
  2. ^ a b "Из России ушел еще один японский автопроизводитель". Banki.ru (in Russian). 14 July 2023.
  3. ^ a b c Ruiz, Marco (1986). 'The Complete History of the Japanese Car: 1907 to the Present. Rome: ERVIN srl. p. 130. ISBN 0-517-61777-3.
  4. ^ "Isuzu Website". from the original on 5 May 2017. Retrieved 25 May 2017.
  5. ^ a b Ishikawa, Kenji (1 May 2012). "トラックメーカーアーカイブ: いすゞ自動車のすべて [Truck Manufacturer Archive: Everything Isuzu]". Camion (in Japanese). Tokyo, Japan: Geibun Mooks: 98. ISBN 978-4-86396-183-8.
  6. ^ "Investor Relations: Company History". Isuzu Motors. from the original on 20 April 2012. Retrieved 28 August 2012.
  7. ^ Ishikawa, p. 7
  8. ^ Yamaguchi, Jack (February 1968). "14th Tokyo Motor Show: & Still Trying Harder". Road & Track. p. 113.
  9. ^ "Isuzu" (brochure) (in Japanese). Isuzu Motors. October 1967: 8–9. 42.10. {{cite journal}}: Cite journal requires |journal= (help)
  10. ^ a b Ruiz, p. 131
  11. ^ Bedwell, Steve (2009). Holden vs Ford: the cars, the culture, the competition. Dulwich Hill, Australia: Rockpool. p. 199. ISBN 978-1-921295-17-1.
  12. ^ a b "GM ties with two Japanese car makers". Nihon Keizai Shimbun. Tokyo: 1. 18 August 1981.
  13. ^ "Isuzu, Suzuki tie up in sales and production". Machinery. Nihon Keizai Shimbun. Tokyo: 10. 18 January 1986.
  14. ^ Truett, Richard Truett (21 October 1993). . Orlando Sentinel. Archived from the original on 23 September 2015. Retrieved 4 October 2015.
  15. ^ a b c Krebs, Michelle (1 July 2001). "Isuzu's U.S. Presence Leans on G.M." The New York Times. from the original on 24 September 2017. Retrieved 23 September 2017.
  16. ^ a b c "Isuzu falls back after GM rescue plan". CNN.com. 15 August 2002. from the original on 24 September 2017. Retrieved 23 September 2017.
  17. ^ "Press Release: Isuzu Motors Limited Unveils the New Three-year Business Plan and Re-capitalization Plan, involving Decrease of Capital and Debt-for-equity Conversion". www.Isuzu.co.jp. Isuzu Motors. from the original on 24 September 2017. Retrieved 23 September 2017.
  18. ^ Belson, Ken (15 August 2002). "G.M. Moves to Increase Control of Some Isuzu Units". The New York Times. from the original on 24 September 2017. Retrieved 23 September 2017.
  19. ^ "Mitsubish becomes top shareholder of Isuzu". Autoblog. from the original on 8 May 2016. Retrieved 26 April 2016.
  20. ^ Bensinger, Ken (31 January 2008). "Isuzu quitting U.S. car market". Los Angeles Times. from the original on 31 January 2008. Retrieved 30 January 2008.
  21. ^ a b Johnson, Drew (30 January 2008). "Isuzu to leave U.S. market". Leftlanenews.com. from the original on 13 March 2012. Retrieved 5 February 2012.
  22. ^ "Consumer complaints about Isuzu - Engine Failure". Consumeraffairs.com. from the original on 16 January 2012. Retrieved 5 February 2012.
  23. ^ Neff, John (30 January 2008). "CONFIRMED: Isuzu abandoning U.S. market". Autoblog. from the original on 18 November 2010. Retrieved 29 November 2010.
  24. ^ "Isuzu executive says competition helped push it out of North American market - MSNBC Wire Services - MSNBC.com". Cnbc.com. Retrieved 29 November 2010. [dead link]
  25. ^ "Isuzu, Toyota Shelve Development of Clean Diesel Engine | industryweek.com | Industry Week". industryweek.com. 16 December 2008. from the original on 23 June 2013. Retrieved 21 May 2011.
  26. ^ "GM drops medium-duty trucks, opens battery lab". The Detroit News. 9 June 2009. Retrieved 4 December 2009.
  27. ^ Counts, Reese (11 July 2016). "Mazda and Isuzu to collaborate on a new pickup truck". Autoblog.
  28. ^ Isuzu Motors opens manufacturing plant in Andhra Pradesh 2017-01-05 at the Wayback Machine, Economic Times, April 27, 2016
  29. ^ Isuzu and Toyota to Dissolve Capital Ties
  30. ^ "Isuzu to buy Japanese truck unit from Volvo in $2.3 billion deal". Japan Times. 19 December 2019.
  31. ^ De Guzman, Marcus (1 December 2020). "Isuzu and Volvo have finalized the terms of their alliance". Auto Industriya. Retrieved 14 December 2020.
  32. ^ "Isuzu Completes Acquisition of UD Trucks". Heavy Duty Trucking. 1 April 2021. Retrieved 6 April 2021.
  33. ^ "Toyota and Isuzu to take stake in each other to co-develop new vehicles". Japan Times. 25 March 2021. Retrieved 6 April 2021.
  34. ^ Yamaguchi, Jack K. (1984). Lösch, Annamaria (ed.). Technology On Full Boost. Pelham, NY: L'Editrice dell'Automobile LEA/Herald Books. p. 66. ISBN 0-910714-16-9. {{cite book}}: |journal= ignored (help)
  35. ^ . Budgettruck.com. 30 December 2007. Archived from the original on 22 July 2007. Retrieved 29 November 2010.
  36. ^ a b Lall, Ashish (2011). Facets of Competitiveness: Narratives from ASEAN. Hackensack, NJ: World Scientific. p. 66. ISBN 9789814324113.
  37. ^ "Isuzu interim profit seen climbing 7% as Thai sales recover". Nikkei Asian Review. 3 November 2017. from the original on 17 August 2018. Retrieved 17 August 2018.
  38. ^ "Isuzu to double heavy truck production in Thailand, boost exports". The Japan Times Online. 2 May 2017. ISSN 0447-5763. from the original on 17 August 2018. Retrieved 17 August 2018.
  39. ^ "Official press release from Isuzu concerning Mimamori-kun". from the original on 19 October 2015. Retrieved 16 August 2015.
  40. ^ . Archived from the original on 19 October 2015. Retrieved 16 August 2015.
  41. ^ a b "Isuzu Diesel Engines - Home". www.isuzuengines.com. from the original on 22 October 2016. Retrieved 21 October 2016.
  42. ^ a b c d e "Isuzu Diesel Master Distributor List" (PDF). www.isuzuengines.com. (PDF) from the original on 12 October 2016.
  43. ^ . isuzudiesel.com.au. Archived from the original on 22 October 2016. Retrieved 21 October 2016.
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  45. ^ InsideINdianaBusiness.com Report. . Insideindianabusiness.com. Archived from the original on 22 February 2015. Retrieved 5 February 2012. {{cite web}}: |author= has generic name (help)
  46. ^ "1991 Isuzu Como". www.carstyling.ru. 2 July 2007. from the original on 11 June 2011. Retrieved 29 November 2010.

External links edit

  • Official website

isuzu, other, uses, disambiguation, motors, japanese, いすゞ自動車株式会社, hepburn, jidōsha, kabushiki, kaisha, commonly, known, japanese, pronunciation, isɨᵝzɨᵝ, japanese, multinational, automobile, manufacturer, headquartered, yokohama, kanagawa, prefecture, principa. For other uses see Isuzu disambiguation Isuzu Motors Ltd Japanese いすゞ自動車株式会社 Hepburn Isuzu Jidōsha Kabushiki Kaisha commonly known as Isuzu Japanese pronunciation isɨᵝzɨᵝ i ˈ s u z u is a Japanese multinational automobile manufacturer headquartered in Yokohama Kanagawa Prefecture Its principal activity is the production marketing and sale of Isuzu commercial vehicles and diesel engines Isuzu Motors Ltd Headquarters at Yokahama Gate Tower in Yokohama Kanagawa PrefectureNative nameいすゞ自動車株式会社Romanized nameIsuzu Jidōsha Kabushiki gaishaCompany typePublicTraded asTYO 7202TOPIX Large 70 ComponentIndustryManufacturingFounded30 March 1934 90 years ago 1934 03 30 as Isuzu HeadquartersYokohama Gate Tower Nishi ku Yokohama Kanagawa Prefecture JapanArea servedWorldwideKey peopleMasanori Katayama jp Chairman CEO amp Representative Director Shinsuke Minami President COO amp Representative Director ProductsCommercial vehiclesDiesel enginesDiesel generatorsPassenger cars until 2002 1 Revenue 3 195 53 billion FY2023 citation needed Operating income 253 54 billion FY2023 Net income 151 74 billion FY2023 Total assets 3 046 777 million FY2023 Total equity 1 510 232 million FY2023 Number of employees8 056 44 495 consolidated SubsidiariesList Anadolu Isuzu Sollers Isuzu SML Isuzu IAMI Isuzu Commercial Truck of America Inc Isuzu HICOM Malaysia Isuzu Malaysia Isuzu Philippines Isuzu UK Isuzu South Africa Taiwan Isuzu Motors Isuzu Vietnam Isuzu Motors India UD Trucks Industries Mecaniques MaghrebinesWebsitewww wbr isuzu wbr co wbr jp The company also has a number of subsidiaries and joint ventures including UD Trucks Anadolu Isuzu a Turkish joint venture with Anadolu Group Sollers Isuzu a Russian joint venture with Sollers JSC Production stopped in March 2022 Isuzu stake transferred to Sollers in July 2023 2 SML Isuzu an Indian venture formerly known as Swaraj Mazda Jiangxi Isuzu Motors a Chinese joint venture with Jiangling Motors Company Group Isuzu Astra Motor Indonesia Isuzu Malaysia Isuzu HICOM Industries Mecaniques Maghrebines Isuzu UK Isuzu South Africa Isuzu Philippines Taiwan Isuzu Motors Isuzu Vietnam Isuzu Motors India and BYD Isuzu Isuzu has assembly and manufacturing plants in Fujisawa which have been there since the company was founded under earlier names as well as in the Tochigi and Hokkaidō prefectures Isuzu branded vehicles are sold in most commercial markets worldwide Isuzu s primary market focus is on commercial diesel powered truck buses and construction Named after the Isuzu River the kanji of Isuzu 五十鈴 mean fifty bells Contents 1 History 1 1 Etymology 1 2 Post World War history 1 3 Corporate partnerships 1 4 Linking with General Motors 1 5 Contraction begins 2 Market presence 3 Subsidiaries and joint ventures 3 1 Japan 3 2 Mimamori kun online service 3 3 International operations 3 4 Former international operations 4 Isuzu Diesel Engines Power Train division 4 1 North American Master Distributors 4 2 Isuzu Diesel powered equipment 4 2 1 Ag Equipment 4 2 2 Construction equipment 5 Passenger bus and commercial vehicles 5 1 Current passenger vehicles 5 2 Current commercial vehicles 5 2 1 UD Trucks vehicles 5 3 Former passenger vehicles 5 4 Former commercial vehicles 5 5 Race cars 5 6 Concept cars 5 7 Buses Philippines 5 8 Buses Thailand 5 9 Buses Ukraine 6 Military vehicles 7 See also 8 References 9 External linksHistory edit nbsp Isuzu Sumida bus 1927 nbsp Wolseley CP series Japanese built Isuzu Motors history began in 1916 when Tokyo Ishikawajima Shipbuilding and Engineering Co Ltd planned a cooperation with the Tokyo Gas and Electric Industrial Company to build automobiles The next step was taken in 1918 when a technical cooperation with Wolseley Motors Limited was initiated yielding exclusive rights to the production and sales of Wolseley vehicles in East Asia from knock down kits 3 In 1919 came the first ever Japan produced passenger car a Wolseley model the Fifteen A9 15 40 NR at the Tokyo Ishikawajima Shipyard at the Fukagawa Factory 4 The Wolseley sourced CP truck followed two years later 550 of these were built by 1927 5 In 1923 Japan was devastated by the Kanto earthquake which made the fledgling transportation infrastructure that was heavily reliant on government owned railroads unusable due to the twisted tracks Heavy construction vehicles were imported from the United States companies GMC and Ford to aid in recovery and reconstruction and the company sought to contribute by producing locally built construction and heavy duty vehicles In 1927 the company introduced its 2 ton load capacity Sumida P type truck equipped with an A6 engine and a 1 ton vehicle Sumida M type No 1 bus equipped with an A4 engine The name sumida was used from the Sumida River as the factory at Fukagawa was close by In 1929 IHI Corporation separated part of its manufacturing business and merged with DAT Automobile Manufacturing Inc a predecessor of Nissan and changed its name to Jidosha Kogyo Co Ltd Automobile Industries Co Ltd The names used for the products of this company marketed as Sumida and Chiyoda have special significance in Japan Chiyoda is a district in Tokyo where the Imperial Palace is located and Sumida refers to a river that flows through Tokyo approximately 3 59 km 2 23 mi east of the Imperial Palace 3 In 1934 the Tsurumi Factory opened under company name Automobile Industry Co Ltd and in 1937 Automobile Industries was reorganized and formed into a new company Tokyo Automobile Industries Co Ltd and was founded with a capital of 1 000 000 The company continued to manufacture heavy duty trucks and passenger busses realizing the need to modernize the transportation infrastructure of Japan and was one of the primary manufacturers for the Imperial Japanese Army along with Mitsubishi Heavy Industries and had a corporate allegiance to the Yasuda Zaibatsu One of the vehicles it produced for the war effort was the Sumida M 2593 armored personnel carrier In 1942 Hino Heavy Industries was split off from Tokyo Automobile Industries becoming a separate corporation 6 After the Second World War the company was finally renamed to Isuzu after the Isuzu River in 1949 following a meeting with the Japanese Government s Ministry of Trade and Industry MITI Etymology edit The word Isuzu translated into English means fifty bells hence the focus on bell in both the later Bellel and the Bellett The name was used from the Isuzu River that flows near to the Ise Grand Shrine one of Japan s most sacred and revered shrines nbsp The first Isuzu emblem 1949 1974 nbsp Second generation Isuzu emblem 1974 1991 nbsp Current Isuzu emblem 1991 present Post World War history edit Truck and bus production of the TX40 and TU60 series and the Isuzu Sumida bus resumed in 1945 with the permission of the occupation authorities 7 and has remained the primary focus of manufacture for the company along with diesel engine production In 1958 a factory was built at Fujisawa Kanagawa and in 1959 the Isuzu Elf was introduced as a medium duty cab over commercial truck which is still in production and was also shared with the Isuzu Journey bus Isuzu continued to maintain its market presence by providing commercial vehicles by introducing the Isuzu TY in 1966 The company is one of the primary manufacturers of commercial duty trucks and busses for public transportation to include the Isuzu Cubic Isuzu Gala and the Isuzu Erga along with the Isuzu Giga Corporate partnerships edit Beginning in 1953 the Hillman Minx passenger car is produced under license of Rootes Group giving the company a passenger car to compete with other Japanese manufacturers realizing that their resources were limited and therefore sought out international partnerships The Minx remained in production until 1962 after the 1961 introduction of Isuzu s first passenger car the Bellel 3 and later the sports coupe Isuzu 117 Coupe Being a small producer making cars which were somewhat too large and pricey for the Japanese market at the time Isuzu spent some time looking for a commercial partner Under pressure from MITI who were attempting to limit the number of automobile manufacturers in Japan a cooperation with Fuji Heavy Industries Subaru began in 1966 This joint sales service collaboration was seen as the first step towards an eventual merger 8 The Subaru 1000 was even shown in Isuzu s 1967 annual vehicle brochure as a suitable complement to the larger Isuzu lineup 9 This tie up was over by 1968 when an agreement with Mitsubishi was formed This ended even more quickly by 1969 and the next year an equally short lived collaboration was entered with Nissan 10 A few months later in September 1971 what was to prove a more durable capital agreement was signed with General Motors Linking with General Motors edit nbsp Isuzu 117 Coupe While the company had a long relationship with GM going back to the 1920s the first investment of GM taking a 34 stake in Isuzu was seen in 1972 when the Chevrolet LUV became the first Isuzu built vehicle to be sold in the United States To symbolize the new beginning Isuzu also developed a new logo for 1974 with two vertical pillars as stylized representations of the first syllable in いすゞ Isuzu 5 In 1974 Isuzu introduced the Gemini which was co produced with General Motors as the T body Chevrolet Chevette A modified version was sold in the United States as Buick s Opel by Isuzu and in Australia as the Holden Gemini As a result of the collaboration certain American GM products were sold to Japanese customers through Isuzu dealerships Holden s Statesman was also briefly sold 246 examples with Isuzu badging in Japan during the seventies 11 Isuzu exports also increased considerably as a result of being able to use GM networks from 0 7 of production in 1973 to 35 2 by 1976 this while overall production increased more than fourfold in the same period 10 As a result of the GM joint venture Isuzu engines were also used by existing GM divisions some USA market Chevrolet automobiles had Isuzu powertrains e g the Chevette and early S10 S15 trucks manufactured prior to 1985 nbsp 1966 Isuzu Bellett 1600 GT PR90 In 1981 Isuzu began selling consumer and commercial vehicles under their own brand in the United States The Isuzu P Up was the first model sold to consumers as an Isuzu rather than as a Chevrolet or Buick along with the Isuzu Piazza sports car Isuzu s then president Toshio Okamoto then initiated a collaboration with small car expert Suzuki to develop a global small car for GM the S car 12 A three way agreement of co ownership was signed in August 1981 with Isuzu and Suzuki exchanging shares and General Motors taking a 5 share of Suzuki 12 Following on from this in 1985 Isuzu and GM established the IBC Vehicles venture in the United Kingdom producing locally built versions of Isuzu and Suzuki light vans the Isuzu Fargo and Suzuki Carry to be sold in the European market under Vauxhall s Bedford brand During this period Isuzu also developed a worldwide presence as an exporter of diesel engines with their powerplants in use by Opel Vauxhall Land Rover Hindustan and many others Two Isuzu model lines Gemini Impulse were marketed as part of the Geo division Spectrum Storm when it was initially launched as a Chevrolet subsidiary In the domestic Japanese market OEM deals with other manufacturers were entered to aid the poorly performing passenger car arm It led to the badging of Suzukis beginning in 1986 13 and Subaru small commercial vehicles as Isuzus Geminett Geminett II This OEM tie up occurred alongside the establishment of SIA Subaru Isuzu Automotive an American joint venture with Fuji Heavy Industries the parent company of Subaru Shortly afterwards the Lafayette Indiana plant became operational Contraction begins edit nbsp 1967 Isuzu Unicab a two wheel drive utility vehicle Isuzu ended US sales of the Impulse Geo Storm in 1992 and the following year it stopped exporting the Stylus the basis for the Geo Spectrum the last Isuzu built car sold in the US In 1993 Isuzu began a new vehicle exchange program with Honda whereby Honda sold the Isuzu Rodeo 14 and Isuzu Trooper as the Honda Passport and Acura SLX respectively In return Isuzu began selling the Honda Odyssey as the Isuzu Oasis Thus Honda s lineup gained two SUVs and Isuzu s lineup gained a minivan In the Japanese market the Gemini Stylus was now a rebadged Honda Domani and the Aska originally based on the GM J car was a Honda Accord while Honda received the 2 door MU as the Jazz and the 4 door Trooper as the Horizon Isuzu s United States sales reached a peak in 1996 after the introduction of the Isuzu Hombre pickup a badge engineered GM truck using the sheetmetal of the Brazil market Chevrolet S10 Isuzu resurrected the beloved Amigo in 1998 before changing the name of the 2 door convertible to Rodeo Sport in 2001 in an attempt to associate it with the better selling 4 door Rodeo The new Axiom launched in 2001 with the fictional salesman Joe Isuzu from 1980s advertising campaigns brought back to promote it Isuzu sales began to slide due to the aging of the Rodeo and Trooper and poor management and a lack of assistance from GM The Rodeo Sport was discontinued in 2003 while production of the Rodeo and Axiom ceased a year later By this point sales in North America had slowed to just 27 188 with the discontinued Rodeo and Axiom making up 71 of that total In 1998 GM and Isuzu formed DMAX a joint venture to produce diesel engines GM raised its stake in Isuzu to 49 the following year effectively gaining control of the company and quickly followed this up by appointing an American GM executive to head Isuzu s North American Operations This marked the first time a non Japanese executive had held such a high position at Isuzu In 2001 GM and Isuzu announced plans to share distribution networks and for Chevrolet to market an Isuzu product 15 nbsp Isuzu VehiCROSS The production version of the VehiCROSS was introduced to the US in 1999 but met with mixed reviews as its high price tag unique styling and two door configuration did not seem to meet with market demands Production of the VehiCROSS and other sport utility vehicles including the Trooper ended in 2001 as part of a major financial reorganization which eliminated almost 10 000 jobs 15 GM had been pushing the company to focus exclusively on producing commercial vehicles and engines 15 The number of Isuzu dealerships in the US began a rapid decline and by 2005 had only 2 models the Ascender a re badged GMC Envoy and the i series pickup truck a rebadged Chevrolet Colorado At this point Isuzu in the US was primarily a distributor of medium duty trucks such as the N series sourced both from Japan and US plants in Janesville Wisconsin and Flint Michigan Isuzu had 290 light vehicle dealers in the US in August 2006 and sold an average of just two Ascenders per dealer per month and rumors of Isuzu s withdrawal from the US market were rampant Plans to introduce a new Thai built SUV for 2007 were shelved when Isuzu Motors Limited decided that a new SUV would be too risky instead proceeding with the launch of the i series trucks Despite extremely low sales figures of 12 177 passenger vehicles for 2005 with leftover Axiom and Rodeos making up 30 of this Isuzu Motors America announced its first profit in years mainly due to restructuring cuts In early 2002 Fuji Heavy Industries Subaru s parent company bought Isuzu s share of Lafayette Indiana plant and Subaru Isuzu Automotive SIA became Subaru of Indiana Automotive After 8 years of heavy Honda Passport sales and light Isuzu Oasis sales Honda and Isuzu cooperatively ended their vehicle exchange agreement in 2001 The Oasis was dropped and Honda replaced the Passport with the Pilot 2001 was Isuzu s last year for passenger vehicles in Canada as Isuzus in Canada were mostly sold at Saturn Saab dealerships In late 2002 Isuzu initiated a recapitalization and debt for equity conversion plan to stave off a bankruptcy 16 GM acquired 20 of DMAX 60 of Isuzu Motors Polska and Isuzu Motors Germany and the rights to three types of diesel engine technology from Isuzu 17 by paying 50 billion yen about US 425 million 16 GM also paid 10 billion yen about US 85 million for a 12 stake in the recapitalized company 16 GM wrote off its investment in Isuzu in 2001 18 Production of the 7 passenger Ascender ended in February 2006 with the closure of GM s Oklahoma City Assembly plant leaving Isuzu with the 5 passenger Ascender built in Moraine Ohio and the low selling i Series as its only retail products The company sold just 1 504 vehicles in North America in the first two months of 2006 GM ended its equity investment in Isuzu and sold all its shares to Mitsubishi Corporation Itochu and Mizuho Corporate Bank both GM and Isuzu claimed the companies would continue their relationship but there was no word as of April 12 2006 on the effect this would have on DMAX operations nbsp Isuzu LT132L on a Hong Kong motorway nbsp Isuzu LV486R CNG City Bus in Bangkok with the CNG MPI Engine In June 2006 Isuzu and GM agreed to establish a joint venture called LCV Platform Engineering Corporation LPEC to develop a new pickup Isuzu said it would use its engineering expertise to develop the pickup and GM would develop derivatives based on the integrated platform Mitsubishi Corp became Isuzu s largest shareholder in October 2006 after it converted all the preferred shares in Isuzu it had held since 2005 into common stock increasing its shareholding from 3 5 to 15 65 19 In November 2006 Toyota purchased 5 9 of Isuzu becoming the third largest shareholder behind Itochu and Mitsubishi Corporation and the two companies agreed to study possible business collaboration focusing on the areas of R amp D and production of diesel engines related emissions control and other environmental technologies In January 2007 Isuzu and General Motors updated the LCV range with a 3 0 litre common rail diesel engine that had far more torque and power than its predecessor In August 2007 Isuzu and Toyota agreed to develop a 1 6 liter diesel engine for use in Toyota vehicles sold in European markets At this point details of development production and supply of the diesel engine were still under discussion but in principle Isuzu would play the leading role with production scheduled to begin around 2012 On 30 January 2008 Isuzu announced its complete withdrawal from the US market 20 effective 31 January 2009 It would continue to provide support and parts The decision was due to lack of sales 21 Some of the lack of sales was blamed on consumer experiences with low quality engines and service 22 Isuzu had been experiencing a slow decline since the late 1990s In less than 10 years they had gone from selling a complete line of cars trucks and SUVs into being a specialized SUV maker and finally selling only a pair of rebadged General Motors Trucks 23 The company continued to sell commercial vehicles in the US 24 Isuzu and Toyota shelved development of a clean diesel engine in December 2008 25 On 29 January 2009 Isuzu and GM announced that they were in talks to transfer the operation of the medium duty truck production line in Flint Michigan to Isuzu for a five year period In June however GM announced that these talks failed to reach an agreement and GM instead ceased production of the Chevrolet Kodiak and GMC Topkick vehicles on 31 July 2009 26 In July 2016 Isuzu and Mazda agreed to collaborate to produce the next generation pickup trucks for Mazda outside of North America 27 As a result the third generation Mazda BT 50 is built by Isuzu in Thailand since 2020 Isuzu s plant in the Indian state of Andhra Pradesh began operations in 2016 28 In August 2018 Toyota sold off its 5 9 stake in Isuzu 29 In December 2019 Isuzu announced that it had signed a non binding memorandum of understanding which would eventually see Volvo sell UD Trucks to them 30 In November 2020 the companies announced that they have signed the final agreements making the memorandum of understanding binding 31 In April 2021 Isuzu completed UD Trucks acquisition 32 In March 2021 Isuzu Hino and Hino s parent Toyota announced the creation of a strategic partnership between the three companies Toyota acquired a 4 6 stake in Isuzu while the latter plans to acquire Toyota shares for an equivalent value The three companies said they would form a new joint venture by April called Commercial Japan Partnership Technologies Corporation with the aim of developing fuel cell and electric light trucks Toyota would own an 80 stake in the venture while Hino and Isuzu would own 10 each 33 Market presence edit nbsp Isuzu Gemini with European Maltese registration plates nbsp Isuzu NHR Elf light truck nbsp Isuzu NovoCiti Life serving in Vilnius public transport Lithuania In most of Asia and Africa Isuzu is known primarily for trucks of all sizes after Isuzu dropped all sales of sedans and compact cars in the late 1990s due to plummeting sales In the days when Isuzu sold passenger cars they were known for focusing on the diesel engined niche In 1983 for instance long before the explosion in diesel sales diesels represented 63 4 of their passenger car production 34 In 2009 Isuzu abandoned the United States consumer market due to lack of sales Isuzu as a corporation has always been primarily a manufacturer of small to medium compact automobiles and commercial trucks of sizes medium duty and larger but markets around the world show different needs Isuzu Motors America discontinued the sale of passenger vehicles in the United States on January 31 2009 The company explained to its dealers that it had not been able to secure replacements for the Isuzu Ascender and Isuzu i Series that would be commercially viable Isuzu sold 7 098 cars in the year 2007 This action did not affect Isuzu s commercial vehicle or industrial diesel engine operations in the United States 21 Isuzu has a contract with Budget Truck Rental to manufacture their rental trucks shared with Ford GMC and Navistar International 35 In Australia Isuzu was for many years a major supplier of light commercial and domestic vehicles to Holden General Motors However by 2008 Holden was sourcing few Isuzus At this time Isuzu began to sell the D Max under the Isuzu name Isuzu s entry in the Thai market proved to be one of its most successful Its presence in the country began in 1966 when it established a manufacturing facility for pick up trucks in the Samuthprakarn province with a capacity of 155 000 units per year 36 The automaker quickly became a market leader so that by 2002 the company transferred its production base from its original location in Fujisawa Japan to Thailand Isuzu claimed the largest share of the Thai commercial vehicle market outperforming its competitors for at least 23 years 36 By 2006 the company transferred to an industrial zone in Chachoengsao province to support further production expansion By 2017 Isuzu has been exporting pick up trucks with shipments reaching North America Latin America Australia and Japan 37 In the same year it announced that its profit climbed 7 percent and has doubled its annual truck production to meet overseas demands 38 Subsidiaries and joint ventures editJapan edit The Fujisawa Plant was built and opened for production November 1961 It is located at 8 Tsuchidana Fujisawa Kanagawa and is still producing commercial vehicles for domestic Japanese use and international exports The Toghichi Plant located at Hakuchu Ohira Machi Tochigi Tochigi is where the engines are currently built There was a factory at Tono Machi Kawasaki ku Kawasaki shi Kanagawa Pref that closed March 2005 that manufactured passenger vehicles Mimamori kun online service edit Mimamori kun which means to watch monitor or observe in Japanese literally Mr Watcher 39 is a commercial vehicle telematics service developed by Isuzu Motors for monitoring and tracking commercial vehicle operations and movements in Japan The service uses GPS satellite tracking services and began February 2004 It is connected to the internet and provides government mandated driver activity logs and records how long the driver was on duty and how much time was spent driving The service also records when the driver took lunch breaks where the truck stopped and for how long and when the driver logged off for his duty shift The service has been modified for personal use in Japan to keep track of family members to include the health status of elderly persons and pinpoint the location of children for safety purposes 40 Some of the main features include the wireless Internet Digital Tachograph the first of its kind in Japan combined with hands free communication voice guidance and text messages displayed from the dispatch office The system also has a password enabled vehicle theft prevention feature that will not let the vehicle start without the driver having entered a password citation needed International operations edit DMAX engines former joint venture with General Motors in United States for production of diesel engines Ghandhara Industries joint venture in Pakistan trucks buses Guangzhou Automobile Group Bus joint venture in China buses Industries Mecaniques Maghrebines joint venture at Kairouan Tunisia trucks SUVs Isuzu Anadolu joint venture in Turkey trucks buses Isuzu Astra Motor Indonesia joint venture in Indonesia trucks SUVs Isuzu HICOM Malaysia joint venture in Malaysia trucks SUVs Isuzu Commercial Truck of America Inc Isuzu Motors de Mexico joint venture in Mexico trucks buses Isuzu Motors Saudi Arabia joint venture in Saudi Arabia trucks SUVs Isuzu Motors Thailand joint venture in Thailand trucks SUVs Isuzu Motorsports Australia Isuzu Philippines joint venture in the Philippines trucks SUVs General Motors De Portugal FMAT S A at Tramagal near Abrantes Assembling company of all Bedford and Isuzu medium to heavy diesel trucks and 4X4 Pickup models since the 1960s then vehicles are sent for sale in Portugal and Spain The assembling of Isuzu commercial trucks is carried out by the Az Universal Motors which is part of the AzGroup in Azerbaijan Isuzu Truck UK at the former IBC factory Dunstable England trucks SUVs Isuzu Truck South Africa joint venture in South Africa trucks Isuzu Vietnam joint venture in Vietnam trucks SUVs Jiangxi Isuzu joint venture in China trucks SUVs Qingling Motors joint venture in China trucks SUVs SML Isuzu joint venture in India formerly Swaraj Mazda Sollers Isuzu joint venture in Russia trucks until July 2023 2 Thai Rung Union Car Thailand assembles SUVs Former international operations edit Subaru of Indiana Automotive Inc former joint venture in United States interest sold to Subaru cars SUVs Isuzu Motors Polska former joint venture in Poland diesel engines taken over by General Motors Zexel Japan auto components now part of Bosch Taiwan Isuzu Motors former joint venture in Taiwan disbanded in 2016 trucksIsuzu Diesel Engines Power Train division editDiesel engines are a major part of the Isuzu Motor s business with over 20 million engines worldwide clarification needed 41 The diesel power division known as the PowerTrain Division of Isuzu Motors America is located in Plymouth Michigan 41 North American Master Distributors edit Southwest Products 42 Covering California Nevada and Arizona 42 United Engines 42 Mack Boring Parts 42 M amp L Engine 42 Isuzu Diesel powered equipment edit Ag Equipment edit Harrington Seed Destructor 43 Construction equipment edit Paving equipment produced by CRAFCO It manufacturers a variety of paving equipment that is powered by Isuzu diesel engines 44 Passenger bus and commercial vehicles editMain article List of Isuzu vehicles This section needs additional citations for verification Please help improve this article by adding citations to reliable sources in this section Unsourced material may be challenged and removed Find sources Isuzu news newspapers books scholar JSTOR April 2020 Learn how and when to remove this template message nbsp Isuzu CXZ Giga heavy truck nbsp Isuzu Journey operated by Citibus New Zealand nbsp 2005 Isuzu D max Spacecab Hi lander in Thailand nbsp Isuzu CQA650A T nbsp Isuzu LV223S nbsp Isuzu LV423R nbsp Isuzu MT111QB Current passenger vehicles edit 2002 present D Max pickup truck a top selling diesel sold in the majority of Isuzu markets excluding Japan and North America 2013 present MU X SUV successor of Isuzu MU 7 developed from D Max Current commercial vehicles edit Como light commercial van rebadged Nissan Caravan Elf light duty truck N series Erga low deck heavy duty bus Erga J heavy duty bus Erga Mio low deck medium duty bus Forward medium duty truck F series Giga heavy duty truck C series E series Gala heavy duty bus Gala Mio medium duty bus Journey light duty bus Journey J medium duty bus Reach commercial van offering over 35 percent better fuel efficiency assembled by Utilimaster Corporation 45 Traga Traviz light commercial vehicle UD Trucks vehicles edit Further information UD Trucks From April 2021 onwards UD Trucks products are part of the Isuzu company lineup Former passenger vehicles edit 1953 1962 Minx sedan Isuzu produced Hillman Minx under licence 1961 1966 Bellel sedan 1963 1973 Bellett sedan PR10 20 and coupe PR90 and PR91 1967 1983 Florian sedan 1968 1981 117 coupe 1972 2002 Faster pickup truck 1974 2000 Gemini I Mark Stylus sedan coupe hatchback 1981 1993 Piazza Impulse Storm Hatchback 1983 2002 Aska sedan 1983 2002 Trooper midsize SUV 1986 1993 Geminett hatchback wagon a rebadged first generation Suzuki Cultus 1986 1988 and then third generation Subaru Leone wagon as Geminett II 1988 1993 1989 2004 Amigo MU Compact SUV renamed to Rodeo Sport in 2001 1991 2004 Rodeo Wizard midsize SUV also rebadged as the Honda Passport 1996 1999 Oasis minivan a rebadged Honda Odyssey 1996 2000 Hombre pickup truck a rebadged Chevrolet S10 1996 2001 Vertex sedan a rebadged Honda Integra SJ 1997 2002 Filly a rebadged Nissan Elgrand minivan 1999 2001 VehiCROSS SUV 2001 2004 Axiom midsize SUV 2002 2008 Ascender midsize SUV a rebadged GMC Envoy 2006 2008 i series pickup truck a product of the co developed GMT355 platform that Isuzu sells overseas 2004 2013 MU 7 midsize SUV developed from D Max platform that was on sale only in Thailand Philippines India and China 1991 2020 Panther van and pickup truck sold as the Isuzu Hi Lander Crosswind in the Philippines also sold throughout the ASEAN and in India as the Chevrolet Tavera Former commercial vehicles edit Bison light commercial pickup truck a rebadged second generation Mitsubishi Delica pickup truck for Indonesian market not related to fourth generation Isuzu Elf that was sold under Bison name in Indonesia in the early 1990s Fargo light commercial van H Series heavy duty truck in United States only rebadged from GMC Topkick and Chevrolet Kodiak Race cars edit 1969 Isuzu R7 Group 7 racecar 1970 Isuzu Bellett R6 Group 6 racecar Concept cars edit 1969 Isuzu Bellett MX1600 1979 Isuzu Asso di Fiori 1983 Isuzu COA 1985 Isuzu COA II 1987 Isuzu COA III AWD mid engine coupe 1987 Isuzu Zero Door 1989 Isuzu Costa 1989 Isuzu MultiCROSS 1989 4200R 1991 Isuzu Como F1 a pickup style crossover with a Lotus Formula One engine 46 the name was later used for the rebadged Nissan Caravan produced from 2001 1991 Isuzu Nagisa 1991 Isuzu Terraza 1993 Isuzu XU 1 1993 Isuzu VehiCROSS 1995 Isuzu Deseo 1995 Isuzu Aisance 1997 Isuzu VX 2 1997 Isuzu ZACCAR 1999 Isuzu VX O2 1999 Isuzu Kai 1999 ZXS 2000 Isuzu VX 4 2001 Isuzu Zen 2001 Isuzu GBX 2001 Isuzu Axiom XSF 2002 Isuzu Axiom XSR 2002 Isuzu Axiom XST 2011 Isuzu T Next 2020 Isuzu FLIR Buses Philippines edit LV314K LV314L CJM470 CJM500 LT132 LV423 LV123 PABFTR33PLB FTR33P FTR45 PABFVR33P Buses Thailand edit CQM275hp CQA650A T JCR600YZNN LT112P LV223S LV423R LV486R LV771 MT111L MT111QB Buses Ukraine edit Bogdan buses sold under Isuzu brand outside UkraineMilitary vehicles edit nbsp Isuzu HTS12G 2 5 ton truck Isuzu TW340 medium truck Isuzu TWD20 25 medium truck Isuzu TSD45 TSD55 medium truck Isuzu HTS12G 2 5 ton truck Isuzu Type 73 Heavy TruckSee also edit nbsp Companies portal List of automobile manufacturersReferences edit Jackson Kathy 4 February 2008 Isuzu s collapse Automotive News Crain Communications Inc Archived from the original on 10 October 2019 a b Iz Rossii ushel eshe odin yaponskij avtoproizvoditel Banki ru in Russian 14 July 2023 a b c Ruiz Marco 1986 The Complete History of the Japanese Car 1907 to the Present Rome ERVIN srl p 130 ISBN 0 517 61777 3 Isuzu Website Archived from the original on 5 May 2017 Retrieved 25 May 2017 a b Ishikawa Kenji 1 May 2012 トラックメーカーアーカイブ いすゞ自動車のすべて Truck Manufacturer Archive Everything Isuzu Camion in Japanese Tokyo Japan Geibun Mooks 98 ISBN 978 4 86396 183 8 Investor Relations Company History Isuzu Motors Archived from the original on 20 April 2012 Retrieved 28 August 2012 Ishikawa p 7 Yamaguchi Jack February 1968 14th Tokyo Motor Show amp Still Trying Harder Road amp Track p 113 Isuzu brochure in Japanese Isuzu Motors October 1967 8 9 42 10 a href Template Cite journal html title Template Cite journal cite journal a Cite journal requires journal help a b Ruiz p 131 Bedwell Steve 2009 Holden vs Ford the cars the culture the competition Dulwich Hill Australia Rockpool p 199 ISBN 978 1 921295 17 1 a b GM ties with two Japanese car makers Nihon Keizai Shimbun Tokyo 1 18 August 1981 Isuzu Suzuki tie up in sales and production Machinery Nihon Keizai Shimbun Tokyo 10 18 January 1986 Truett Richard Truett 21 October 1993 Expert Reviews 1993 Isuzu Rodeo Orlando Sentinel Archived from the original on 23 September 2015 Retrieved 4 October 2015 a b c Krebs Michelle 1 July 2001 Isuzu s U S Presence Leans on G M The New York Times Archived from the original on 24 September 2017 Retrieved 23 September 2017 a b c Isuzu falls back after GM rescue plan CNN com 15 August 2002 Archived from the original on 24 September 2017 Retrieved 23 September 2017 Press Release Isuzu Motors Limited Unveils the New Three year Business Plan and Re capitalization Plan involving Decrease of Capital and Debt for equity Conversion www Isuzu co jp Isuzu Motors Archived from the original on 24 September 2017 Retrieved 23 September 2017 Belson Ken 15 August 2002 G M Moves to Increase Control of Some Isuzu Units The New York Times Archived from the original on 24 September 2017 Retrieved 23 September 2017 Mitsubish becomes top shareholder of Isuzu Autoblog Archived from the original on 8 May 2016 Retrieved 26 April 2016 Bensinger Ken 31 January 2008 Isuzu quitting U S car market Los Angeles Times Archived from the original on 31 January 2008 Retrieved 30 January 2008 a b Johnson Drew 30 January 2008 Isuzu to leave U S market Leftlanenews com Archived from the original on 13 March 2012 Retrieved 5 February 2012 Consumer complaints about Isuzu Engine Failure Consumeraffairs com Archived from the original on 16 January 2012 Retrieved 5 February 2012 Neff John 30 January 2008 CONFIRMED Isuzu abandoning U S market Autoblog Archived from the original on 18 November 2010 Retrieved 29 November 2010 Isuzu executive says competition helped push it out of North American market MSNBC Wire Services MSNBC com Cnbc com Retrieved 29 November 2010 dead link Isuzu Toyota Shelve Development of Clean Diesel Engine industryweek com Industry Week industryweek com 16 December 2008 Archived from the original on 23 June 2013 Retrieved 21 May 2011 GM drops medium duty trucks opens battery lab The Detroit News 9 June 2009 Retrieved 4 December 2009 Counts Reese 11 July 2016 Mazda and Isuzu to collaborate on a new pickup truck Autoblog Isuzu Motors opens manufacturing plant in Andhra Pradesh Archived 2017 01 05 at the Wayback Machine Economic Times April 27 2016 Isuzu and Toyota to Dissolve Capital Ties Isuzu to buy Japanese truck unit from Volvo in 2 3 billion deal Japan Times 19 December 2019 De Guzman Marcus 1 December 2020 Isuzu and Volvo have finalized the terms of their alliance Auto Industriya Retrieved 14 December 2020 Isuzu Completes Acquisition of UD Trucks Heavy Duty Trucking 1 April 2021 Retrieved 6 April 2021 Toyota and Isuzu to take stake in each other to co develop new vehicles Japan Times 25 March 2021 Retrieved 6 April 2021 Yamaguchi Jack K 1984 Losch Annamaria ed Technology On Full Boost Pelham NY L Editrice dell Automobile LEA Herald Books p 66 ISBN 0 910714 16 9 a href Template Cite book html title Template Cite book cite book a journal ignored help Company Info Budget Truck Rental Budgettruck com 30 December 2007 Archived from the original on 22 July 2007 Retrieved 29 November 2010 a b Lall Ashish 2011 Facets of Competitiveness Narratives from ASEAN Hackensack NJ World Scientific p 66 ISBN 9789814324113 Isuzu interim profit seen climbing 7 as Thai sales recover Nikkei Asian Review 3 November 2017 Archived from the original on 17 August 2018 Retrieved 17 August 2018 Isuzu to double heavy truck production in Thailand boost exports The Japan Times Online 2 May 2017 ISSN 0447 5763 Archived from the original on 17 August 2018 Retrieved 17 August 2018 Official press release from Isuzu concerning Mimamori kun Archived from the original on 19 October 2015 Retrieved 16 August 2015 Mimamori kun personal service Japanese Archived from the original on 19 October 2015 Retrieved 16 August 2015 a b Isuzu Diesel Engines Home www isuzuengines com Archived from the original on 22 October 2016 Retrieved 21 October 2016 a b c d e Isuzu Diesel Master Distributor List PDF www isuzuengines com Archived PDF from the original on 12 October 2016 Case Study Isuzu Diesel Engines isuzudiesel com au Archived from the original on 22 October 2016 Retrieved 21 October 2016 Pavement Preservation amp Maintenance Equipment Documents CRAFCO www crafco com Archived from the original on 22 October 2016 Retrieved 21 October 2016 InsideINdianaBusiness com Report Indiana Facility to Produce Isuzu Commercial Vehicles Newsroom Inside INdiana Business with Gerry Dick Insideindianabusiness com Archived from the original on 22 February 2015 Retrieved 5 February 2012 a href Template Cite web html title Template Cite web cite web a author has generic name help 1991 Isuzu Como www carstyling ru 2 July 2007 Archived from the original on 11 June 2011 Retrieved 29 November 2010 External links edit nbsp Wikimedia Commons has media related to Isuzu Official website Retrieved from https en wikipedia org w index php title Isuzu amp oldid 1217202740, wikipedia, wiki, book, books, library,

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