Mitsubishi Motors Corporation can be a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was your sixth biggest Japanese automaker and also the sixteenth biggest worldwide by simply production. From October 2016 onwards, Mitsubishi is majority-owned by means of Nissan, and thus a perhaps the Renault-Nissan Alliance.Besides being part in the Renault-Nissan Alliance, it is also a component of Mitsubishi keiretsu, formerly the biggest industrial group in Japan, through the corporation's group 20% stake in Mitsubishi Power generators, and the company has been originally formed in 1970 in the automotive division of Mitsubishi Hefty Industries.Mitsubishi Fuso Truck along with Bus Corporation was formerly part of Mitsubishi Motors, but is now different from Mitsubishi Motors, which builds commercial class trucks, buses and heavy building equipment, and is owned by means of Daimler AG.
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Mitsubishi's automotive origins date to 1917, when the Mitsubishi Shipbuilding Co., Ltd. introduced the Mitsubishi Style A, Japan's first series-production car or truck. An entirely hand-built seven-seater sedan good Fiat Tipo 3, it proved expensive in comparison to its American and European mass-produced rivals, and was discontinued inside 1921 after only 22 was built.In 1934, Mitsubishi Shipbuilding was merged while using Mitsubishi Aircraft Co., a company established within 1920 to manufacture aircraft engines as well as other parts. The unified company was called Mitsubishi Heavy Industries (MHI), and was the largest private company in The japanese. MHI concentrated on production aircraft, ships, railroad cars and devices, but in 1937 created the PX33, a prototype sedan pertaining to military use. It was the primary Japanese-built passenger car along with full-time four-wheel drive, a technology the company would return to almost fifty years later in its quest for motorsport and sales achievements.
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Immediately following the end of the other World War, the company returned in order to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled shipment vehicle called the Mizushima and also a scooter called the Silver Pigeon were also developed. However, the zaibatsu (Japan's family-controlled manufacturing conglomerates) were ordered to get dismantled by the Allied forces in 1950, and Mitsubishi Heavy Industries was put 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 began importing the Henry N, an inexpensive American four door built by Kaiser Generators, in knockdown kit (CKD) variety in 1951, and continued to bring the crooks to Japan for the remainder from the car's three-year production run. The same year, Central Japan Heavy-Industries concluded a comparable contract with Willys (at this point owned by Kaiser) intended for CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps throughout production until 1998, thirty years after Willys themselves had replaced the product.
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By the start of the 1960s Japan's economic climate was gearing up; wages were rising and the concept of family motoring was removing. Central Japan Heavy-Industries, now known as Shin Mitsubishi Heavy-Industries, had already re-established the automotive department in it's headquarters in 1953. Now it was ready to introduce the Mitsubishi 500, a mass market 4 door, to meet the completely new demand from consumers. It followed this in 1962 with the Minica kei car along with the Colt 1000, the first of its Colt line of family cars, in 1963. In 1964, Mitsubishi introduced its major passenger sedan, the Mitsubishi Debonair being a luxury car primarily for the Japanese market, and was used by means of senior Mitsubishi executives to be a company car.West Japan Heavy-Industries (now renamed Mitsubishi Shipbuilding & Anatomist) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) received also expanded their automotive departments within the 1950s, and the three had been re-integrated as Mitsubishi Weighty Industries in 1964. Within three years its output was over 80, 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 this company should create a single operation to spotlight the automotive industry. Mitsubishi Motors Corporation (MMC) ended up being formed on April 22, 1970 as a fully owned subsidiary of MHI underneath the leadership of Tomio Kubo, a successful engineer on the aircraft division. [citation needed].
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The particular logo of three red-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 YatarÅ, the founder of Mitsubishi, as it was suggestive of the emblem of the Tosa Kin who first employed your ex, and because his own family crest was about three rhombuses stacked atop one another. The name Mitsubishi is usually a compound of mitsu ("three") and hishi (literally, "water chestnut", often used in Japoneses to denote a diamonds or rhombus).
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