Mitsubishi Motors Corporation is really a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was your sixth biggest Japanese automaker along with the sixteenth biggest worldwide by simply production. From October 2016 onwards, Mitsubishi is majority-owned by Nissan, and thus a area of the Renault-Nissan Alliance.Besides being part with the Renault-Nissan Alliance, it is also a component of Mitsubishi keiretsu, formerly the biggest business group in Japan, through the corporation's small section 20% stake in Mitsubishi Motors, and the company has been originally formed in 1970 on the automotive division of Mitsubishi Large Industries.Mitsubishi Fuso Truck and Bus Corporation was formerly an integral part of Mitsubishi Motors, but is now distinct from Mitsubishi Motors, which builds commercial grade trucks, buses and heavy structure equipment, and is owned through Daimler AG.
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Mitsubishi's automotive origins date back to 1917, when the Mitsubishi Shipbuilding Company., 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 in comparison to its American and American mass-produced rivals, and was discontinued within 1921 after only 22 have been built.In 1934, Mitsubishi Shipbuilding was merged while using Mitsubishi Aircraft Co., a company established inside 1920 to manufacture aircraft engines and other parts. The unified company was generally known as Mitsubishi Heavy Industries (MHI), and was the largest private company in Okazaki, japan. MHI concentrated on manufacturing aircraft, ships, railroad cars and systems, but in 1937 developed the PX33, a prototype sedan pertaining to military use. It was the primary Japanese-built passenger car having full-time four-wheel drive, a technology the company would go back to almost fifty years later in its hunt for motorsport and sales achievements.
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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 products vehicle called the Mizushima and a scooter called the Silver Pigeon were also designed. However, the zaibatsu (Japan's family-controlled industrial conglomerates) were ordered for being dismantled by the Allied capabilities in 1950, and Mitsubishi Heavy Industries was put 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 J, an inexpensive American car built by Kaiser Power generators, in knockdown kit (CKD) type in 1951, and continued to bring these to Japan for the remainder in the car's three-year production operate. The same year, Central Japan Heavy-Industries concluded a comparable contract with Willys (at this point owned by Kaiser) pertaining to CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps with production until 1998, thirty years after Willys by themselves 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 idea of family motoring was taking off. Central Japan Heavy-Industries, now known as Leg Mitsubishi Heavy-Industries, had already re-established a automotive department in the headquarters in 1953. Now it was willing to introduce the Mitsubishi 500, a mass market four door, to meet the completely new demand from consumers. It followed this in 1962 using 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 as a luxury car primarily for the Japanese market, and was used through senior Mitsubishi executives as being a company car.West Japan Heavy-Industries (today renamed Mitsubishi Shipbuilding & Architectural) and East The japanese Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) experienced also expanded their automotive departments inside 1950s, and the three were being re-integrated as Mitsubishi Large Industries in 1964. Within three years it's output was over 75, 000 vehicles annually. Following the successful introduction with the first Galant in 1969 and similar growth with its commercial vehicle division, it was decided that the company should create a single operation to focus on the automotive industry. Mitsubishi Motors Corporation (MMC) had been formed on April 22, 1970 as a completely owned subsidiary of MHI underneath the leadership of Tomio Kubo, a successful engineer in the aircraft division. [citation needed].
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Your logo of three reddish colored diamonds, shared with over forty other individuals within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen through Iwasaki YatarÅ, the founder of Mitsubishi, as it was suggestive with the emblem of the Tosa Tribe who first employed him or her, and because his personal family crest was 3 rhombuses stacked atop each other. The name Mitsubishi is really a compound of mitsu ("three") along with hishi (literally, "water chestnut", often used in Western to denote a precious stone or rhombus).
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