Mitsubishi Motors Corporation can be a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was your sixth biggest Japanese automaker plus the sixteenth biggest worldwide by production. From October 2016 onwards, Mitsubishi is majority-owned by 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 industrial group in Japan, through the corporation's group 20% stake in Mitsubishi Engines, and the company seemed to be originally formed in 1970 in the automotive division of Mitsubishi Heavy Industries.Mitsubishi Fuso Truck as well as Bus Corporation was formerly an element of Mitsubishi Motors, but is now independent from Mitsubishi Motors, which builds commercial grade 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 Corp., Ltd. introduced the Mitsubishi Model A, Japan's first series-production car. An entirely hand-built seven-seater sedan based on the Fiat Tipo 3, it proved expensive when compared to its American and Eu mass-produced rivals, and was discontinued with 1921 after only 22 were being built.In 1934, Mitsubishi Shipbuilding was merged with all the Mitsubishi Aircraft Co., a company established within 1920 to manufacture aircraft engines along with parts. The unified company was known as Mitsubishi Heavy Industries (MHI), and was the greatest private company in Okazaki, japan. MHI concentrated on making aircraft, ships, railroad cars and devices, but in 1937 designed the PX33, a prototype sedan for military use. It was the primary Japanese-built passenger car along with full-time four-wheel drive, a technology the company would resume almost fifty years later in its hunt for motorsport and sales achievement.
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Immediately following the end of your second World War, the company returned in order to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled packages vehicle called the Mizushima as well as a scooter called the Gold Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled professional conglomerates) were ordered for being dismantled by the Allied forces in 1950, and Mitsubishi Heavy Industries was put 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 begun importing the Henry N, an inexpensive American 4 door built by Kaiser Engines, in knockdown kit (CKD) form in 1951, and continued to bring them to Japan for the remainder on the car's three-year production manage. The same year, Central Japan Heavy-Industries concluded the same contract with Willys (currently owned by Kaiser) intended for CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps with production until 1998, thirty years after Willys them selves had replaced the style.
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By the beginning of the 1960s Japan's overall economy was gearing up; wages were rising and the thought of family motoring was taking off. Central Japan Heavy-Industries, now known as Leg Mitsubishi Heavy-Industries, had already re-established a good automotive department in its headquarters in 1953. Now it was wanting to introduce the Mitsubishi 500, a mass market sedan, to meet the brand new demand from consumers. It followed this in 1962 with all the Minica kei car and also the Colt 1000, the first of its Colt type of family cars, in 1963. In 1964, Mitsubishi introduced its largest passenger sedan, the Mitsubishi Debonair as being a luxury car primarily for your Japanese market, and was used through senior Mitsubishi executives to be a company car.West Japan Heavy-Industries (today renamed Mitsubishi Shipbuilding & Architectural) and East The japanese Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) experienced also expanded their automotive departments inside 1950s, and the three had been re-integrated as Mitsubishi Large Industries in 1964. Within three years their output was over seventy-five, 000 vehicles annually. Following the successful introduction from the first Galant in 1969 and similar growth featuring a commercial vehicle division, it was decided which the company should create a single operation to pay attention to the automotive industry. Mitsubishi Motors Corporation (MMC) seemed to be formed on April 23, 1970 as a wholly owned subsidiary of MHI within the leadership of Tomio Kubo, a successful engineer from the aircraft division. [citation needed].
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The particular logo of three reddish diamonds, shared with over forty other individuals within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen through Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive in the emblem of the Tosa Clan who first employed him, and because his unique family crest was a few rhombuses stacked atop one another. The name Mitsubishi is really a compound of mitsu ("three") along with hishi (literally, "water chestnut", often used in Japoneses to denote a diamonds or rhombus).
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