Mitsubishi Motors Corporation can be a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was this sixth biggest Japanese automaker as well as the sixteenth biggest worldwide by means of production. From October 2016 onwards, Mitsubishi is majority-owned simply by Nissan, and thus a perhaps the Renault-Nissan Alliance.Besides being part in the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest commercial group in Japan, through the corporation's small section 20% stake in Mitsubishi Engines, and the company had been originally formed in 1970 on the automotive division of Mitsubishi Hefty Industries.Mitsubishi Fuso Truck in addition to Bus Corporation was formerly part of Mitsubishi Motors, but is now individual from Mitsubishi Motors, which builds commercial quality trucks, buses and heavy design equipment, and is owned by simply Daimler AG.
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Mitsubishi's automotive origins date to 1917, when the Mitsubishi Shipbuilding Corp., Ltd. introduced the Mitsubishi Type A, Japan's first series-production auto. An entirely hand-built seven-seater sedan in line with the Fiat Tipo 3, it proved expensive when compared with its American and Western european mass-produced rivals, and was discontinued in 1921 after only 22 had been built.In 1934, Mitsubishi Shipbuilding was merged with the Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines as well as other parts. The unified company was called Mitsubishi Heavy Industries (MHI), and was the biggest private company in Asia. MHI concentrated on production aircraft, ships, railroad cars and machinery, but in 1937 designed the PX33, a prototype sedan for military use. It was the first Japanese-built passenger car together with full-time four-wheel drive, a technology the company would return to almost fifty years later in its pursuit of motorsport and sales accomplishment.
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Rigtht after the end of your second World War, the company returned to be able to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled packages vehicle called the Mizushima as well as a scooter called the Silver precious metal Pigeon were also developed. However, the zaibatsu (Japan's family-controlled manufacturing conglomerates) were ordered being dismantled by the Allied forces in 1950, and Mitsubishi Heavy Industries was split up into three regional companies, each with an involvement in motor vehicle development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries started importing the Henry J, an inexpensive American 4 door built by Kaiser Motors, in knockdown kit (CKD) variety in 1951, and continued to bring the crooks to Japan for the remainder of the car's three-year production run. The same year, Central Japan Heavy-Industries concluded much the same contract with Willys (today owned by Kaiser) regarding CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps with production until 1998, thirty years after Willys them selves had replaced the product.
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By the beginning of the 1960s Japan's economic system was gearing up; wages were rising and thinking about family motoring was removing. Central Japan Heavy-Industries, now known as Leg Mitsubishi Heavy-Industries, had already re-established an automotive department in it is headquarters in 1953. Now it was ready to introduce the Mitsubishi 500, a mass market four door, to meet the completely new demand from consumers. It followed this in 1962 with the Minica kei car as well as the Colt 1000, the first of its Colt distinctive line of family cars, in 1963. In 1964, Mitsubishi introduced its largest passenger sedan, the Mitsubishi Debonair being a luxury car primarily with the Japanese market, and was used by means of senior Mitsubishi executives to be a company car.West Japan Heavy-Industries (at this point renamed Mitsubishi Shipbuilding & Architectural) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) had also expanded their automotive departments within the 1950s, and the three were re-integrated as Mitsubishi Weighty Industries in 1964. Within three years its output was over seventy five, 000 vehicles annually. Following the successful introduction in the first Galant in 1969 and similar growth having its commercial vehicle division, it was decided how the company should create a single operation to pay attention to the automotive industry. Mitsubishi Motors Corporation (MMC) had been formed on April 25, 1970 as a totally owned subsidiary of MHI under the leadership of Tomio Kubo, a successful engineer in the aircraft division. [citation needed].
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The actual logo of three red diamonds, shared with over forty other companies within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen by means of Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive with the emblem of the Tosa Tribe who first employed them, and because his unique family crest was three rhombuses stacked atop 1 another. The name Mitsubishi is a compound of mitsu ("three") as well as hishi (literally, "water chestnut", often used in Japan to denote a gemstone or rhombus).
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