Mitsubishi Motors Corporation can be a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the particular sixth biggest Japanese automaker plus the sixteenth biggest worldwide simply by production. From October 2016 onwards, Mitsubishi is majority-owned simply by Nissan, and thus a the main Renault-Nissan Alliance.Besides being part with the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's small section 20% stake in Mitsubishi Engines, and the company has been originally formed in 1970 from your automotive division of Mitsubishi Large Industries.Mitsubishi Fuso Truck and also Bus Corporation was formerly an integral part of Mitsubishi Motors, but is now distinct from Mitsubishi Motors, which builds commercial rank trucks, buses and heavy construction equipment, and is owned by means of Daimler AG.
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Mitsubishi's automotive origins date here we are at 1917, when the Mitsubishi Shipbuilding Corp., Ltd. introduced the Mitsubishi Design A, Japan's first series-production auto. An entirely hand-built seven-seater sedan based on the Fiat Tipo 3, it proved expensive in comparison with its American and Eu mass-produced rivals, and was discontinued in 1921 after only 22 was built.In 1934, Mitsubishi Shipbuilding was merged while using Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines as well as other parts. The unified company was referred to as Mitsubishi Heavy Industries (MHI), and was the biggest private company in Japan. MHI concentrated on production aircraft, ships, railroad cars and devices, but in 1937 designed the PX33, a prototype sedan intended for military use. It was the primary Japanese-built passenger car together with full-time four-wheel drive, a technology the company would get back to almost fifty years later in its hunt for motorsport and sales achievements.
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Immediately following the end of your second World War, the company returned for you to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled freight vehicle called the Mizushima and also a scooter called the Metallic Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled manufacturing conglomerates) were ordered being dismantled by the Allied forces 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 started out importing the Henry N, an inexpensive American car built by Kaiser Engines, in knockdown kit (CKD) variety in 1951, and continued to bring these to Japan for the remainder on the car's three-year production manage. The same year, Central Japan Heavy-Industries concluded a similar contract with Willys (at this point owned by Kaiser) pertaining to CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps inside production until 1998, thirty years after Willys by themselves had replaced the style.
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By the start of the 1960s Japan's overall economy was gearing up; wages were rising and the concept of family motoring was taking off. Central Japan Heavy-Industries, now known as Leg Mitsubishi Heavy-Industries, had already re-established the automotive department in its 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 while using Minica kei car and also the Colt 1000, the first of its Colt line of family cars, in 1963. In 1964, Mitsubishi introduced its greatest passenger sedan, the Mitsubishi Debonair as being a luxury car primarily with the Japanese market, and was used by senior Mitsubishi executives as a company car.West Japan Heavy-Industries (at this point renamed Mitsubishi Shipbuilding & Design) and East Okazaki, japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) acquired also expanded their automotive departments inside the 1950s, and the three ended up re-integrated as Mitsubishi Weighty Industries in 1964. Within three years the output was over 75, 000 vehicles annually. Following the successful introduction in the first Galant in 1969 and similar growth featuring a commercial vehicle division, it was decided that this company should create a single operation to focus on the automotive industry. Mitsubishi Motors Corporation (MMC) seemed to be formed on April twenty-two, 1970 as a fully owned subsidiary of MHI beneath leadership of Tomio Kubo, a successful engineer from the aircraft division. [citation needed].
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This logo of three crimson diamonds, shared with over forty other individuals within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen by means of Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive with the emblem of the Tosa Kin who first employed your pet, and because his individual family crest was three rhombuses stacked atop each other. The name Mitsubishi can be a compound of mitsu ("three") and hishi (literally, "water chestnut", often used in Japanese to denote a diamonds or rhombus).
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