Mitsubishi Motors Corporation is really a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the particular sixth biggest Japanese automaker plus the sixteenth biggest worldwide through production. From October 2016 onwards, Mitsubishi is majority-owned through Nissan, and thus a section 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 professional group in Japan, through the corporation's minority 20% stake in Mitsubishi Motors, and the company seemed to be originally formed in 1970 from your automotive division of Mitsubishi Large Industries.Mitsubishi Fuso Truck in addition to Bus Corporation was formerly an element of Mitsubishi Motors, but is now independent from Mitsubishi Motors, which builds commercial rank trucks, buses and heavy design equipment, and is owned simply by Daimler AG.
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Mitsubishi's automotive origins date returning to 1917, when the Mitsubishi Shipbuilding Company., Ltd. introduced the Mitsubishi Type A, Japan's first series-production car. An entirely hand-built seven-seater sedan in line with the Fiat Tipo 3, it proved expensive in comparison with its American and Western mass-produced rivals, and was discontinued throughout 1921 after only 22 have been built.In 1934, Mitsubishi Shipbuilding was merged with the Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines as well as other parts. The unified company was referred to as Mitsubishi Heavy Industries (MHI), and was the biggest private company in Japan. MHI concentrated on making aircraft, ships, railroad cars and equipment, but in 1937 created the PX33, a prototype sedan for military use. It was the very first Japanese-built passenger car using full-time four-wheel drive, a technology the company would get back to almost fifty years later in its hunt for motorsport and sales accomplishment.
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Rigtht after the end of the 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 as well as a scooter called the Silver precious metal Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled manufacturing conglomerates) were ordered for being dismantled by the Allied power 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 started out importing the Henry T, an inexpensive American four door built by Kaiser Motors, in knockdown kit (CKD) variety in 1951, and continued to bring the crooks to Japan for the remainder with the car's three-year production work. The same year, Central Japan Heavy-Industries concluded a comparable contract with Willys (at this point owned by Kaiser) regarding CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps within production until 1998, thirty years after Willys them selves had replaced the style.
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By the start of the 1960s Japan's economic system was gearing up; wages were rising and the thinking behind family motoring was taking off. Central Japan Heavy-Industries, now known as Shin Mitsubishi Heavy-Industries, had already re-established the automotive department in the headquarters in 1953. Now it was able to introduce the Mitsubishi 500, a mass market car, to meet the completely new demand from consumers. It followed this in 1962 while using Minica kei car plus the Colt 1000, the first of its Colt distinct family cars, in 1963. In 1964, Mitsubishi introduced its greatest passenger sedan, the Mitsubishi Debonair as a luxury car primarily with the Japanese market, and was used by simply senior Mitsubishi executives to be a company car.West Japan Heavy-Industries (now renamed Mitsubishi Shipbuilding & Design) and East Japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) acquired also expanded their automotive departments in the 1950s, and the three were being re-integrated as Mitsubishi Weighty Industries in 1964. Within three years its output was over 70, 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) was formed on April twenty two, 1970 as a totally owned subsidiary of MHI under the leadership of Tomio Kubo, a successful engineer through the aircraft division. [citation needed].
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This logo of three crimson diamonds, shared with over forty others within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen by Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive on the emblem of the Tosa Family who first employed your ex, and because his personal family crest was a few rhombuses stacked atop the other. The name Mitsubishi is usually a compound of mitsu ("three") and also hishi (literally, "water chestnut", often used in Japanese to denote a gemstone or rhombus).
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