Mitsubishi Motors Corporation can be a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was your sixth biggest Japanese automaker and also the sixteenth biggest worldwide simply by production. From October 2016 onwards, Mitsubishi is majority-owned by simply Nissan, and thus a part of the Renault-Nissan Alliance.Besides being part of the Renault-Nissan Alliance, it is also an integral part of Mitsubishi keiretsu, formerly the biggest commercial group in Japan, through the corporation's fraction 20% stake in Mitsubishi Motors, and the company ended up being originally formed in 1970 through the automotive division of Mitsubishi Major Industries.Mitsubishi Fuso Truck in addition to Bus Corporation was formerly a part of Mitsubishi Motors, but is now independent from Mitsubishi Motors, which builds commercial class trucks, buses and heavy development equipment, and is owned by Daimler AG.
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Mitsubishi's automotive origins date back to 1917, when the Mitsubishi Shipbuilding Company., 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 compared to its American and Western mass-produced rivals, and was discontinued with 1921 after only 22 have been built.In 1934, Mitsubishi Shipbuilding was merged with the Mitsubishi Aircraft Co., a company established inside 1920 to manufacture aircraft engines along with other parts. The unified company was generally known as Mitsubishi Heavy Industries (MHI), and was the greatest private company in Okazaki, japan. MHI concentrated on creation aircraft, ships, railroad cars and systems, but in 1937 developed the PX33, a prototype sedan with regard to military use. It was the very first Japanese-built passenger car together with full-time four-wheel drive, a technology the company would come back to almost fifty years later in its pursuit of motorsport and sales achievement.
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Rigtht after the end of the next World War, the company returned to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled shipment vehicle called the Mizushima and a scooter called the Silver precious metal Pigeon were also produced. 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 put into three regional companies, each with an involvement in auto development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries started importing the Henry N, an inexpensive American four door built by Kaiser Generators, in knockdown kit (CKD) form in 1951, and continued to bring them to Japan for the remainder on the car's three-year production operate. The same year, Central Japan Heavy-Industries concluded an identical contract with Willys (right now owned by Kaiser) intended 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 model.
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By the beginning of the 1960s Japan's economy was gearing up; wages were rising and the idea of family motoring was removing. Central Japan Heavy-Industries, now known as Tibia Mitsubishi Heavy-Industries, had already re-established the automotive department in their headquarters in 1953. Now it was willing to introduce the Mitsubishi 500, a mass market car, to meet the completely new demand from consumers. It followed this in 1962 while using Minica kei car along with the Colt 1000, the first of its Colt distinctive line of family cars, in 1963. In 1964, Mitsubishi introduced its biggest passenger sedan, the Mitsubishi Debonair like a luxury car primarily for the Japanese market, and was used by senior Mitsubishi executives like a company car.West Japan Heavy-Industries (at this point renamed Mitsubishi Shipbuilding & Architectural) and East Japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) received also expanded their automotive departments inside 1950s, and the three had been re-integrated as Mitsubishi Hefty Industries in 1964. Within three years it is output was over seventy-five, 000 vehicles annually. Following the successful introduction from the first Galant in 1969 and similar growth with its commercial vehicle division, it was decided how the company should create a single operation to spotlight the automotive industry. Mitsubishi Motors Corporation (MMC) seemed to be formed on April 23, 1970 as a completely owned subsidiary of MHI beneath the leadership of Tomio Kubo, a successful engineer through the aircraft division. [citation needed].
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Your logo of three reddish colored diamonds, shared with over forty other individuals within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen by simply Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive from the emblem of the Tosa Kin who first employed them, and because his own family crest was 3 rhombuses stacked atop the other. The name Mitsubishi is often 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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