Mitsubishi Motors Corporation is a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the particular sixth biggest Japanese automaker and also the sixteenth biggest worldwide by production. From October 2016 onwards, Mitsubishi is majority-owned by means of Nissan, and thus a area of the Renault-Nissan Alliance.Besides being part from the Renault-Nissan Alliance, it is also a component of Mitsubishi keiretsu, formerly the biggest commercial group in Japan, through the corporation's community 20% stake in Mitsubishi Generators, and the company has been originally formed in 1970 through the automotive division of Mitsubishi Large Industries.Mitsubishi Fuso Truck along with Bus Corporation was formerly an element of Mitsubishi Motors, but is now different from Mitsubishi Motors, which builds commercial grade trucks, buses and heavy development equipment, and is owned by Daimler AG.
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Mitsubishi's automotive origins date to 1917, when the Mitsubishi Shipbuilding Corp., Ltd. introduced the Mitsubishi Style A, Japan's first series-production car or truck. An entirely hand-built seven-seater sedan using the Fiat Tipo 3, it proved expensive compared to its American and Western european mass-produced rivals, and was discontinued throughout 1921 after only 22 was built.In 1934, Mitsubishi Shipbuilding was merged while using Mitsubishi Aircraft Co., a company established inside 1920 to manufacture aircraft engines and other parts. The unified company was generally known as Mitsubishi Heavy Industries (MHI), and was the most significant private company in The japanese. MHI concentrated on making aircraft, ships, railroad cars and machines, but in 1937 designed the PX33, a prototype sedan pertaining to military use. It was the first Japanese-built passenger car having full-time four-wheel drive, a technology the company would go back to almost fifty years later in its search for motorsport and sales success.
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Immediately following the end of the other World War, the company returned for you to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled shipment vehicle called the Mizushima and a scooter called the Silver precious metal Pigeon were also developed. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered to become dismantled by the Allied powers in 1950, and Mitsubishi Heavy Industries was split into three regional companies, each with an involvement in motorized vehicle development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries begun importing the Henry N, an inexpensive American car built by Kaiser Motors, in knockdown kit (CKD) type in 1951, and continued to bring those to Japan for the remainder on the car's three-year production manage. The same year, Central Japan Heavy-Industries concluded a comparable contract with Willys (at this point owned by Kaiser) regarding CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps with production until 1998, thirty years after Willys by themselves had replaced the type.
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By the start of the 1960s Japan's overall economy was gearing up; wages were rising and the concept of family motoring was removing. Central Japan Heavy-Industries, now known as Tibia Mitsubishi Heavy-Industries, had already re-established an automotive department in it's headquarters in 1953. Now it was ready to introduce the Mitsubishi 500, a mass market 4 door, to meet the new demand from consumers. It followed this in 1962 while using Minica kei car and also the Colt 1000, the first of its Colt line of family cars, in 1963. In 1964, Mitsubishi introduced its major passenger sedan, the Mitsubishi Debonair as a luxury car primarily for your Japanese market, and was used by simply senior Mitsubishi executives like a company car.West Japan Heavy-Industries (today renamed Mitsubishi Shipbuilding & Anatomist) and East Okazaki, japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) got also expanded their automotive departments in the 1950s, and the three had been re-integrated as Mitsubishi Weighty Industries in 1964. Within three years it's output was over seventy-five, 000 vehicles annually. Following the successful introduction on the first Galant in 1969 and similar growth which consists of commercial vehicle division, it was decided that this company should create a single operation to pay attention to the automotive industry. Mitsubishi Motors Corporation (MMC) has been formed on April twenty-two, 1970 as a completely owned subsidiary of MHI within the leadership of Tomio Kubo, a successful engineer from your aircraft division. [citation needed].
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This logo of three red-colored diamonds, shared with over forty other companies within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen by means of Iwasaki YatarÅ, the founder of Mitsubishi, as it was suggestive of the emblem of the Tosa Clan who first employed them, and because his personal family crest was several rhombuses stacked atop the other person. The name Mitsubishi is usually a compound of mitsu ("three") as well as hishi (literally, "water chestnut", often used in Japanese people to denote a diamond or rhombus).
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