Mitsubishi Motors Corporation is a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the actual sixth biggest Japanese automaker and also the sixteenth biggest worldwide by production. From October 2016 onwards, Mitsubishi is majority-owned simply by Nissan, and thus a section of the Renault-Nissan Alliance.Besides being part with the Renault-Nissan Alliance, it is also an integral part of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's small section 20% stake in Mitsubishi Power generators, and the company seemed to be originally formed in 1970 from your automotive division of Mitsubishi Major Industries.Mitsubishi Fuso Truck in addition to Bus Corporation was formerly a part of Mitsubishi Motors, but is now distinct from Mitsubishi Motors, which builds commercial grade trucks, buses and heavy structure equipment, and is owned by simply Daimler AG.
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Mitsubishi's automotive origins date to 1917, when the Mitsubishi Shipbuilding Co., Ltd. introduced the Mitsubishi Type A, Japan's first series-production automobile. An entirely hand-built seven-seater sedan while using Fiat Tipo 3, it proved expensive when compared to its American and Western mass-produced rivals, and was discontinued in 1921 after only 22 had been built.In 1934, Mitsubishi Shipbuilding was merged using the Mitsubishi Aircraft Co., a company established throughout 1920 to manufacture aircraft engines along with parts. The unified company was often known as Mitsubishi Heavy Industries (MHI), and was the biggest private company in The japanese. MHI concentrated on making aircraft, ships, railroad cars and devices, but in 1937 produced the PX33, a prototype sedan for military use. It was the 1st Japanese-built passenger car with full-time four-wheel drive, a technology the company would return to almost fifty years later in its search for motorsport and sales good results.
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Immediately following the end of the second World War, the company returned to help manufacturing vehicles. Fuso bus production started again, while a small three-wheeled freight vehicle called the Mizushima and a scooter called the Metallic Pigeon were also created. However, the zaibatsu (Japan's family-controlled manufacturing conglomerates) were ordered being dismantled by the Allied capabilities in 1950, and Mitsubishi Heavy Industries was split up 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 commenced importing the Henry L, an inexpensive American 4 door built by Kaiser Motors, in knockdown kit (CKD) style in 1951, and continued to bring these to Japan for the remainder from the car's three-year production run. The same year, Central Japan Heavy-Industries concluded a similar contract with Willys (at this point owned by Kaiser) intended for CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps inside production until 1998, thirty years after Willys themselves had replaced the product.
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By the start of the 1960s Japan's economic climate was gearing up; wages were rising and the concept of family motoring was removing. Central Japan Heavy-Industries, now known as Leg Mitsubishi Heavy-Industries, had already re-established a automotive department in it is headquarters in 1953. Now it was wanting to introduce the Mitsubishi 500, a mass market four door, to meet the brand new demand from consumers. It followed this in 1962 while using the Minica kei car and the Colt 1000, the first of its Colt line of family cars, in 1963. In 1964, Mitsubishi introduced its biggest passenger sedan, the Mitsubishi Debonair as being a luxury car primarily for the Japanese market, and was used through senior Mitsubishi executives as a company car.West Japan Heavy-Industries (at this point renamed Mitsubishi Shipbuilding & Architectural) and East Japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) experienced also expanded their automotive departments from the 1950s, and the three ended up re-integrated as Mitsubishi Major Industries in 1964. Within three years their 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 focus on the automotive industry. Mitsubishi Motors Corporation (MMC) ended up being formed on April 23, 1970 as a wholly owned subsidiary of MHI underneath the leadership of Tomio Kubo, a successful engineer from your aircraft division. [citation needed].
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The logo of three red-colored diamonds, shared with over forty other programs within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen simply by Iwasaki YatarÅ, the founder of Mitsubishi, as it was suggestive on the emblem of the Tosa Group who first employed your pet, and because his own family crest was three rhombuses stacked atop the other. The name Mitsubishi is a compound of mitsu ("three") and also hishi (literally, "water chestnut", often used in Japan to denote a gemstone or rhombus).
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