Isuzu motors Ltd. [7202]

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.[4] 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.[5] The Wolseley sourced CP truck followed two years later; 550 of these were built by 1927.[6]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) west of the Imperial Palace.[4] Later, the company was renamed from Ishikawajima Motor Co. , Ltd., to Isuzu (after the Isuzu River) in 1934, following a meeting with the Japanese Government's Ministry of Trade and Industry (MITI). 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 Isuzu, becoming a separate corporation.