Mitsubishi Motors Corporation can be a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the actual sixth biggest Japanese automaker and the sixteenth biggest worldwide simply by production. From October 2016 onwards, Mitsubishi is majority-owned by simply Nissan, and thus a area of the Renault-Nissan Alliance.Besides being part on the Renault-Nissan Alliance, it is also part of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's community 20% stake in Mitsubishi Magnetic motors, and the company seemed to be originally formed in 1970 in the automotive division of Mitsubishi Weighty Industries.Mitsubishi Fuso Truck and Bus Corporation was formerly part of Mitsubishi Motors, but is now independent from Mitsubishi Motors, which builds commercial rank trucks, buses and heavy building equipment, and is owned by Daimler AG.
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Mitsubishi's automotive origins date time for 1917, when the Mitsubishi Shipbuilding Co., Ltd. introduced the Mitsubishi Type A, Japan's first series-production car or truck. An entirely hand-built seven-seater sedan good Fiat Tipo 3, it proved expensive when compared with its American and European mass-produced rivals, and was discontinued in 1921 after only 22 ended up built.In 1934, Mitsubishi Shipbuilding was merged with all the Mitsubishi Aircraft Co., a company established with 1920 to manufacture aircraft engines along with other parts. The unified company was often known as Mitsubishi Heavy Industries (MHI), and was the most significant private company in Japan. MHI concentrated on producing aircraft, ships, railroad cars and devices, but in 1937 developed the PX33, a prototype sedan pertaining to military use. It was the initial Japanese-built passenger car using full-time four-wheel drive, a technology the company would come back to almost fifty years later in its pursuit of motorsport and sales good results.
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Rigtht after the end of your second World War, the company returned in order to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled packages vehicle called the Mizushima plus a scooter called the Sterling silver Pigeon were also created. However, the zaibatsu (Japan's family-controlled manufacturing conglomerates) were ordered to be dismantled by the Allied capabilities in 1950, and Mitsubishi Heavy Industries was put into three regional companies, each with an involvement in car development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries began importing the Henry T, an inexpensive American sedan built by Kaiser Engines, in knockdown kit (CKD) kind in 1951, and continued to bring these to Japan for the remainder in the car's three-year production operate. The same year, Central Japan Heavy-Industries concluded the same contract with Willys (at this point owned by Kaiser) regarding CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps in production until 1998, thirty years after Willys on their own had replaced the design.
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By the beginning of the 1960s Japan's economic system was gearing up; wages were rising and the idea of family motoring was taking off. Central Japan Heavy-Industries, now known as Tibia Mitsubishi Heavy-Industries, had already re-established the automotive department in it's headquarters in 1953. Now it was wanting to introduce the Mitsubishi 500, a mass market 4 door, to meet the brand new demand from consumers. It followed this in 1962 using the Minica kei car and also the Colt 1000, the first of its Colt distinctive line of family cars, in 1963. In 1964, Mitsubishi introduced its greatest passenger sedan, the Mitsubishi Debonair like a luxury car primarily to the Japanese market, and was used by means of senior Mitsubishi executives like a company car.West Japan Heavy-Industries (now renamed Mitsubishi Shipbuilding & Architectural) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) had also expanded their automotive departments inside the 1950s, and the three were being re-integrated as Mitsubishi Large Industries in 1964. Within three years it's output was over 70, 000 vehicles annually. Following the successful introduction from the first Galant in 1969 and similar growth which consists of commercial vehicle division, it was decided how the company should create a single operation to focus on the automotive industry. Mitsubishi Motors Corporation (MMC) seemed to be formed on April 23, 1970 as a wholly owned subsidiary of MHI underneath the leadership of Tomio Kubo, a successful engineer from the aircraft division. [citation needed].
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Your logo of three red diamonds, shared with over forty others within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen by Iwasaki YatarÅ, the founder of Mitsubishi, as it was suggestive of the emblem of the Tosa Family who first employed your pet, and because his individual family crest was three rhombuses stacked atop each other. The name Mitsubishi is a compound of mitsu ("three") in addition to hishi (literally, "water chestnut", often used in Japan to denote a gemstone or rhombus).
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