Mitsubishi Motors Corporation is often a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the sixth biggest Japanese automaker and also the sixteenth biggest worldwide by production. From October 2016 onwards, Mitsubishi is majority-owned through Nissan, and thus a part of the Renault-Nissan Alliance.Besides being part of the Renault-Nissan Alliance, it is also part of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's small section 20% stake in Mitsubishi Generators, and the company has been originally formed in 1970 on the automotive division of Mitsubishi Large Industries.Mitsubishi Fuso Truck and also Bus Corporation was formerly a part of Mitsubishi Motors, but is now distinct from Mitsubishi Motors, which builds commercial quality trucks, buses and heavy building equipment, and is owned simply by Daimler AG.
Mitsubishi's automotive origins date time for 1917, when the Mitsubishi Shipbuilding Company., Ltd. introduced the Mitsubishi Product A, Japan's first series-production car. An entirely hand-built seven-seater sedan using the Fiat Tipo 3, it proved expensive in comparison to its American and Eu mass-produced rivals, and was discontinued in 1921 after only 22 have been built.In 1934, Mitsubishi Shipbuilding was merged while using the Mitsubishi Aircraft Co., a company established inside 1920 to manufacture aircraft engines and also other parts. The unified company was called Mitsubishi Heavy Industries (MHI), and was the greatest private company in The japanese. MHI concentrated on production aircraft, ships, railroad cars and equipment, but in 1937 produced the PX33, a prototype sedan regarding military use. It was the very first Japanese-built passenger car using full-time four-wheel drive, a technology the company would go back to almost fifty years later in its pursuit of motorsport and sales achievement.
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Rigtht after the end of your second World War, the company returned to help manufacturing vehicles. Fuso bus production started again, while a small three-wheeled cargo vehicle called the Mizushima along with a scooter called the Metallic Pigeon were also designed. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered to be dismantled by the Allied capabilities in 1950, and Mitsubishi Heavy Industries was split 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 commenced importing the Henry L, an inexpensive American 4 door built by Kaiser Generators, in knockdown kit (CKD) type in 1951, and continued to bring these phones 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 (right now owned by Kaiser) for CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps throughout production until 1998, thirty years after Willys independently had replaced the style.
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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 taking off. Central Japan Heavy-Industries, now known as Shin Mitsubishi Heavy-Industries, had already re-established a great automotive department in the headquarters in 1953. Now it was willing to introduce the Mitsubishi 500, a mass market sedan, to meet the brand new demand from consumers. It followed this in 1962 while using the Minica kei car and also the Colt 1000, the first of its Colt distinct family cars, in 1963. In 1964, Mitsubishi introduced its largest passenger sedan, the Mitsubishi Debonair as a luxury car primarily with the Japanese market, and was used simply by senior Mitsubishi executives being a company car.West Japan Heavy-Industries (at this point renamed Mitsubishi Shipbuilding & Engineering) and East The japanese Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) acquired 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 is output was over seventy-five, 000 vehicles annually. Following the successful introduction with the first Galant in 1969 and similar growth using its commercial vehicle division, it was decided which 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 within the leadership of Tomio Kubo, a successful engineer through the aircraft division. [citation needed].
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The particular logo of three reddish diamonds, shared with over forty other programs within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen by simply Iwasaki YatarÅ, the founder of Mitsubishi, as it was suggestive with the emblem of the Tosa Kin who first employed him, and because his unique family crest was three rhombuses stacked atop the other. The name Mitsubishi is usually a compound of mitsu ("three") in addition to hishi (literally, "water chestnut", often used in Japanese to denote a gemstone or rhombus).
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