Mitsubishi Motors Corporation is a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the actual sixth biggest Japanese automaker as well as the sixteenth biggest worldwide by production. From October 2016 onwards, Mitsubishi is majority-owned by simply Nissan, and thus a section of the Renault-Nissan Alliance.Besides being part with the Renault-Nissan Alliance, it is also an integral part of Mitsubishi keiretsu, formerly the biggest professional group in Japan, through the corporation's community 20% stake in Mitsubishi Power generators, and the company was originally formed in 1970 through the automotive division of Mitsubishi Hefty Industries.Mitsubishi Fuso Truck and Bus Corporation was formerly a component of Mitsubishi Motors, but is now different from Mitsubishi Motors, which builds commercial quality trucks, buses and heavy building equipment, and is owned through Daimler AG.
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Mitsubishi's automotive origins date returning to 1917, when the Mitsubishi Shipbuilding Corp., Ltd. introduced the Mitsubishi Style A, Japan's first series-production car or truck. An entirely hand-built seven-seater sedan using the Fiat Tipo 3, it proved expensive in comparison to its American and European mass-produced rivals, and was discontinued with 1921 after only 22 ended up built.In 1934, Mitsubishi Shipbuilding was merged with the Mitsubishi Aircraft Co., a company established throughout 1920 to manufacture aircraft engines along with parts. The unified company was known as Mitsubishi Heavy Industries (MHI), and was the major private company in Japan. MHI concentrated on producing aircraft, ships, railroad cars and machinery, but in 1937 designed the PX33, a prototype sedan with regard to military use. It was the 1st Japanese-built passenger car using full-time four-wheel drive, a technology the company would come back to almost fifty years later in its search for motorsport and sales accomplishment.
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Immediately following the end of the 2nd World War, the company returned to help manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled freight vehicle called the Mizushima plus a scooter called the Sterling silver Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered to get dismantled by the Allied power 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 began importing the Henry N, an inexpensive American sedan built by Kaiser Magnetic motors, in knockdown kit (CKD) form in 1951, and continued to bring these to Japan for the remainder on the car's three-year production work. The same year, Central Japan Heavy-Industries concluded much the same contract with Willys (currently owned by Kaiser) for CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps in production until 1998, thirty years after Willys themselves had replaced the model.
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By the start of the 1960s Japan's financial system was gearing up; wages were rising and thinking about family motoring was taking off. Central Japan Heavy-Industries, now known as Leg Mitsubishi Heavy-Industries, had already re-established the automotive department in its headquarters in 1953. Now it was able to introduce the Mitsubishi 500, a mass market sedan, to meet the completely new demand from consumers. It followed this in 1962 with the Minica kei car and also the Colt 1000, the first of its Colt distinctive line of family cars, in 1963. In 1964, Mitsubishi introduced its most significant passenger sedan, the Mitsubishi Debonair as a luxury car primarily for the Japanese market, and was used by simply senior Mitsubishi executives as being a company car.West Japan Heavy-Industries (at this point renamed Mitsubishi Shipbuilding & Anatomist) 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 Large Industries in 1964. Within three years it is output was over seventy five, 000 vehicles annually. Following the successful introduction from the first Galant in 1969 and similar growth which consists of commercial vehicle division, it was decided how 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 wholly owned subsidiary of MHI beneath 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 by simply Iwasaki YatarÅ, the founder of Mitsubishi, as it was suggestive in the emblem of the Tosa Kin who first employed your pet, and because his unique family crest was a few rhombuses stacked atop the other person. The name Mitsubishi is usually a compound of mitsu ("three") as well as hishi (literally, "water chestnut", often used in Japoneses to denote a gemstone or rhombus).
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