Mitsubishi Motors Corporation is a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was this sixth biggest Japanese automaker as well as the sixteenth biggest worldwide by production. From October 2016 onwards, Mitsubishi is majority-owned through Nissan, and thus a area of the Renault-Nissan Alliance.Besides being part from the Renault-Nissan Alliance, it is also part of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's community 20% stake in Mitsubishi Magnetic motors, and the company ended up being originally formed in 1970 through the automotive division of Mitsubishi Major 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 quality trucks, buses and heavy design equipment, and is owned by simply Daimler AG.
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Mitsubishi's automotive origins date here we are at 1917, when the Mitsubishi Shipbuilding Co., Ltd. introduced the Mitsubishi Style A, Japan's first series-production car. An entirely hand-built seven-seater sedan while using Fiat Tipo 3, it proved expensive when compared with its American and Western mass-produced rivals, and was discontinued in 1921 after only 22 ended up built.In 1934, Mitsubishi Shipbuilding was merged with all the Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines along with parts. The unified company was often known as Mitsubishi Heavy Industries (MHI), and was the largest private company in Okazaki, japan. MHI concentrated on producing aircraft, ships, railroad cars and devices, but in 1937 developed the PX33, a prototype sedan regarding military use. It was the primary Japanese-built passenger car using full-time four-wheel drive, a technology the company would return to almost fifty years later in its pursuit of motorsport and sales achievement.
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Rigtht after 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 products vehicle called the Mizushima and also a scooter called the Gold Pigeon were also developed. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered for being dismantled by the Allied properties in 1950, and Mitsubishi Heavy Industries was put 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 began importing the Henry N, an inexpensive American 4 door built by Kaiser Motors, in knockdown kit (CKD) kind in 1951, and continued to bring them to Japan for the remainder in the car's three-year production manage. The same year, Central Japan Heavy-Industries concluded a comparable contract with Willys (currently owned by Kaiser) regarding CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps inside production until 1998, thirty years after Willys on their own had replaced the model.
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By the beginning 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 Shin Mitsubishi Heavy-Industries, had already re-established an automotive department in its 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 along with the Colt 1000, the first of its Colt brand of family cars, in 1963. In 1964, Mitsubishi introduced its greatest passenger sedan, the Mitsubishi Debonair as being a luxury car primarily to the Japanese market, and was used by senior Mitsubishi executives like a company car.West Japan Heavy-Industries (at this point renamed Mitsubishi Shipbuilding & Anatomist) and East Japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) got also expanded their automotive departments in the 1950s, and the three were being re-integrated as Mitsubishi Large Industries in 1964. Within three years their 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 which the company should create a single operation to focus on the automotive industry. Mitsubishi Motors Corporation (MMC) was formed on April twenty-two, 1970 as a fully owned subsidiary of MHI beneath the leadership of Tomio Kubo, a successful engineer in the aircraft division. [citation needed].
The particular logo of three reddish diamonds, shared with over forty others within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen through Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive in the emblem of the Tosa Tribe who first employed them, and because his unique family crest was about three rhombuses stacked atop the other person. The name Mitsubishi is often a compound of mitsu ("three") in addition to hishi (literally, "water chestnut", often used in Western to denote a diamond or rhombus).
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