Mitsubishi Motors Corporation can be a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was your sixth biggest Japanese automaker as well as the sixteenth biggest worldwide by simply production. From October 2016 onwards, Mitsubishi is majority-owned by Nissan, and thus a the main 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 community 20% stake in Mitsubishi Engines, and the company seemed to be originally formed in 1970 from the automotive division of Mitsubishi Weighty Industries.Mitsubishi Fuso Truck along with Bus Corporation was formerly an integral part of Mitsubishi Motors, but is now individual from Mitsubishi Motors, which builds commercial grade trucks, buses and heavy construction equipment, and is owned by Daimler AG.
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Mitsubishi's automotive origins date to 1917, when the Mitsubishi Shipbuilding Co., Ltd. introduced the Mitsubishi Model A, Japan's first series-production auto. An entirely hand-built seven-seater sedan good Fiat Tipo 3, it proved expensive compared to its American and Eu mass-produced rivals, and was discontinued inside 1921 after only 22 had been built.In 1934, Mitsubishi Shipbuilding was merged while using the Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines as well as other parts. The unified company was known as Mitsubishi Heavy Industries (MHI), and was the biggest private company in Asia. MHI concentrated on production aircraft, ships, railroad cars and equipment, but in 1937 created the PX33, a prototype sedan regarding military use. It was the primary Japanese-built passenger car together with full-time four-wheel drive, a technology the company would resume almost fifty years later in its quest for motorsport and sales success.
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Immediately following the end of the second World War, the company returned to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled shipment vehicle called the Mizushima as well as a scooter called the Silver Pigeon were also created. However, the zaibatsu (Japan's family-controlled industrial conglomerates) were ordered to be dismantled by the Allied forces in 1950, and Mitsubishi Heavy Industries was separated into three regional companies, each with an involvement in motor vehicle development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries started out importing the Henry L, an inexpensive American car built by Kaiser Generators, in knockdown kit (CKD) style in 1951, and continued to bring those to Japan for the remainder with the car's three-year production operate. The same year, Central Japan Heavy-Industries concluded much the same contract with Willys (now owned by Kaiser) intended for CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps in production until 1998, thirty years after Willys on their own 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 Tibia Mitsubishi Heavy-Industries, had already re-established a good automotive department in it is headquarters in 1953. Now it was wanting to introduce the Mitsubishi 500, a mass market four door, to meet the fresh demand from consumers. It followed this in 1962 using the Minica kei car as well as the Colt 1000, the first of its Colt brand of family cars, in 1963. In 1964, Mitsubishi introduced its most significant passenger sedan, the Mitsubishi Debonair as a luxury car primarily to the Japanese market, and was used simply by senior Mitsubishi executives to be a company car.West Japan Heavy-Industries (currently renamed Mitsubishi Shipbuilding & Anatomist) and East Japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) received also expanded their automotive departments inside the 1950s, and the three ended up re-integrated as Mitsubishi Hefty Industries in 1964. Within three years the output was over seventy five, 000 vehicles annually. Following the successful introduction in the first Galant in 1969 and similar growth using its commercial vehicle division, it was decided that the company should create a single operation to pay attention to the automotive industry. Mitsubishi Motors Corporation (MMC) was formed on April twenty two, 1970 as a entirely owned subsidiary of MHI under the leadership of Tomio Kubo, a successful engineer from your aircraft division. [citation needed].
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Your logo of three red diamonds, shared with over forty other companies 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 of the emblem of the Tosa Kin who first employed him, and because his individual family crest was about three rhombuses stacked atop one another. The name Mitsubishi can be a compound of mitsu ("three") and hishi (literally, "water chestnut", often used in Japanese to denote a stone or rhombus).
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