Mitsubishi Motors Corporation is a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was this sixth biggest Japanese automaker and also the sixteenth biggest worldwide through production. From October 2016 onwards, Mitsubishi is majority-owned by Nissan, and thus a part of the Renault-Nissan Alliance.Besides being part from the Renault-Nissan Alliance, it is also an integral part of Mitsubishi keiretsu, formerly the biggest industrial group in Japan, through the corporation's fraction 20% stake in Mitsubishi Engines, and the company has been originally formed in 1970 through the automotive division of Mitsubishi Hefty Industries.Mitsubishi Fuso Truck along with Bus Corporation was formerly an integral part of Mitsubishi Motors, but is now different from Mitsubishi Motors, which builds commercial quality trucks, buses and heavy structure equipment, and is owned simply by Daimler AG.
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Mitsubishi's automotive origins date time for 1917, when the Mitsubishi Shipbuilding Corp., Ltd. introduced the Mitsubishi Design A, Japan's first series-production car. An entirely hand-built seven-seater sedan using the Fiat Tipo 3, it proved expensive compared to its American and Western mass-produced rivals, and was discontinued inside 1921 after only 22 had been built.In 1934, Mitsubishi Shipbuilding was merged while using Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines along with other parts. The unified company was often known as Mitsubishi Heavy Industries (MHI), and was the largest private company in Japan. MHI concentrated on production aircraft, ships, railroad cars and machines, but in 1937 produced the PX33, a prototype sedan with regard to military use. It was the first Japanese-built passenger car together with full-time four-wheel drive, a technology the company would resume almost fifty years later in its search for motorsport and sales achievement.
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Rigtht after the end of your second World War, the company returned to be able to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled freight vehicle called the Mizushima along with a scooter called the Silver Pigeon were also created. However, the zaibatsu (Japan's family-controlled business conglomerates) were ordered for being dismantled by the Allied powers in 1950, and Mitsubishi Heavy Industries was split up into three regional companies, each with an involvement in automobile development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries began importing the Henry N, an inexpensive American 4 door built by Kaiser Engines, in knockdown kit (CKD) kind in 1951, and continued to bring those to Japan for the remainder in the car's three-year production run. The same year, Central Japan Heavy-Industries concluded a comparable contract with Willys (currently owned by Kaiser) with regard to CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps with 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 thinking behind family motoring was removing. Central Japan Heavy-Industries, now known as Tibia Mitsubishi Heavy-Industries, had already re-established the automotive department in it is headquarters in 1953. Now it was able to introduce the Mitsubishi 500, a mass market sedan, to meet the new demand from consumers. It followed this in 1962 using the Minica kei car and 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 as a luxury car primarily with the Japanese market, and was used by senior Mitsubishi executives being a company car.West Japan Heavy-Industries (now renamed Mitsubishi Shipbuilding & Executive) and East The japanese Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) got also expanded their automotive departments within the 1950s, and the three had been re-integrated as Mitsubishi Major Industries in 1964. Within three years its output was over 80, 000 vehicles annually. Following the successful introduction with the first Galant in 1969 and similar growth having its commercial vehicle division, it was decided how the company should create a single operation to focus on the automotive industry. Mitsubishi Motors Corporation (MMC) seemed to be formed on April 25, 1970 as a entirely owned subsidiary of MHI within the leadership of Tomio Kubo, a successful engineer through the aircraft division. [citation needed].
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Your logo of three red 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 YatarÅ, the founder of Mitsubishi, as it was suggestive on the emblem of the Tosa Group who first employed him or her, and because his very own family crest was several rhombuses stacked atop the other. The name Mitsubishi is often a compound of mitsu ("three") along with hishi (literally, "water chestnut", often used in Japanese to denote a precious stone or rhombus).
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