Mitsubishi Motors Corporation is usually a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the sixth biggest Japanese automaker and the sixteenth biggest worldwide through production. From October 2016 onwards, Mitsubishi is majority-owned by simply Nissan, and thus a perhaps the Renault-Nissan Alliance.Besides being part from the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's fraction 20% stake in Mitsubishi Generators, and the company has been originally formed in 1970 in the automotive division of Mitsubishi Large Industries.Mitsubishi Fuso Truck as well as Bus Corporation was formerly a component of Mitsubishi Motors, but is now individual from Mitsubishi Motors, which builds commercial grade trucks, buses and heavy building equipment, and is owned through Daimler AG.
Mitsubishi's automotive origins date time for 1917, when the Mitsubishi Shipbuilding Co., Ltd. introduced the Mitsubishi Style A, Japan's first series-production automobile. An entirely hand-built seven-seater sedan in line with the Fiat Tipo 3, it proved expensive when compared to its American and Eu mass-produced rivals, and was discontinued inside 1921 after only 22 was built.In 1934, Mitsubishi Shipbuilding was merged while using the Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines along with parts. The unified company was called Mitsubishi Heavy Industries (MHI), and was the major private company in Asia. MHI concentrated on creation aircraft, ships, railroad cars and systems, but in 1937 developed the PX33, a prototype sedan for military use. It was the 1st Japanese-built passenger car along with full-time four-wheel drive, a technology the company would go back to almost fifty years later in its search for motorsport and sales achievements.
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Immediately following the end of the other World War, the company returned for you to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled products vehicle called the Mizushima along with a scooter called the Metallic Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered to become dismantled by the Allied capabilities in 1950, and Mitsubishi Heavy Industries was split up 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 begun importing the Henry T, an inexpensive American four door built by Kaiser Magnetic motors, in knockdown kit (CKD) type in 1951, and continued to bring these phones Japan for the remainder with the car's three-year production run. The same year, Central Japan Heavy-Industries concluded much the same contract with Willys (currently owned by Kaiser) regarding CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps throughout production until 1998, thirty years after Willys on their own had replaced the design.
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By the start of the 1960s Japan's economic climate was gearing up; wages were rising and the idea of family motoring was removing. Central Japan Heavy-Industries, now known as Leg Mitsubishi Heavy-Industries, had already re-established a automotive department in it's headquarters in 1953. Now it was willing to introduce the Mitsubishi 500, a mass market four door, to meet the brand new demand from consumers. It followed this in 1962 with all the Minica kei car along with the Colt 1000, the first of its Colt type of family cars, in 1963. In 1964, Mitsubishi introduced its most significant passenger sedan, the Mitsubishi Debonair like a luxury car primarily to the Japanese market, and was used by senior Mitsubishi executives as 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 were re-integrated as Mitsubishi Weighty Industries in 1964. Within three years it is output was over 75, 000 vehicles annually. Following the successful introduction from the first Galant in 1969 and similar growth with its commercial vehicle division, it was decided that this company should create a single operation to spotlight the automotive industry. Mitsubishi Motors Corporation (MMC) has been formed on April twenty two, 1970 as a totally owned subsidiary of MHI within the leadership of Tomio Kubo, a successful engineer on the aircraft division. [citation needed].
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The particular logo of three reddish colored diamonds, shared with over forty other programs within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen simply by Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive on the emblem of the Tosa Family who first employed them, and because his personal family crest was about three rhombuses stacked atop one another. The name Mitsubishi is often a compound of mitsu ("three") in addition to hishi (literally, "water chestnut", often used in Japoneses to denote a diamonds or rhombus).
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