Mitsubishi Motors Corporation is really 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 simply by Nissan, and thus a area 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 industrial group in Japan, through the corporation's minority 20% stake in Mitsubishi Engines, and the company had been originally formed in 1970 from 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 independent from Mitsubishi Motors, which builds commercial class trucks, buses and heavy structure equipment, and is owned by means of Daimler AG.
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Mitsubishi's automotive origins date to 1917, when the Mitsubishi Shipbuilding Company., 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 when compared with its American and American mass-produced rivals, and was discontinued in 1921 after only 22 was built.In 1934, Mitsubishi Shipbuilding was merged while using Mitsubishi Aircraft Co., a company established inside 1920 to manufacture aircraft engines along with parts. The unified company was referred to as Mitsubishi Heavy Industries (MHI), and was the major private company in The japanese. MHI concentrated on making aircraft, ships, railroad cars and devices, but in 1937 formulated the PX33, a prototype sedan regarding military use. It was the very first Japanese-built passenger car using full-time four-wheel drive, a technology the company would return to almost fifty years later in its hunt for motorsport and sales good results.
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Immediately following the end of your second World War, the company returned to help manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled freight vehicle called the Mizushima as well as a scooter called the Sterling silver Pigeon were also produced. However, the zaibatsu (Japan's family-controlled industrial conglomerates) were ordered to get dismantled by the Allied powers in 1950, and Mitsubishi Heavy Industries was split into three regional companies, each with an involvement in auto development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries started importing the Henry J, an inexpensive American car built by Kaiser Generators, in knockdown kit (CKD) type in 1951, and continued to bring these phones Japan for the remainder in the car's three-year production function. The same year, Central Japan Heavy-Industries concluded the same contract with Willys (now owned by Kaiser) pertaining to CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps inside production until 1998, thirty years after Willys them selves had replaced the model.
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By the start of the 1960s Japan's economic climate was gearing up; wages were rising and the thought of family motoring was removing. Central Japan Heavy-Industries, now known as Leg Mitsubishi Heavy-Industries, had already re-established the automotive department in their headquarters in 1953. Now it was wanting to introduce the Mitsubishi 500, a mass market four door, to meet the brand-new demand from consumers. It followed this in 1962 while using the Minica kei car plus the Colt 1000, the first of its Colt type of family cars, in 1963. In 1964, Mitsubishi introduced its largest passenger sedan, the Mitsubishi Debonair like a luxury car primarily to the Japanese market, and was used by simply senior Mitsubishi executives to be a company car.West Japan Heavy-Industries (right now renamed Mitsubishi Shipbuilding & Engineering) and East The japanese Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) received also expanded their automotive departments from the 1950s, and the three have been re-integrated as Mitsubishi Heavy Industries in 1964. Within three years the output was over 70, 000 vehicles annually. Following the successful introduction with 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 pay attention to the automotive industry. Mitsubishi Motors Corporation (MMC) has been formed on April 23, 1970 as a entirely owned subsidiary of MHI under the leadership of Tomio Kubo, a successful engineer through the aircraft division. [citation needed].
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The actual logo of three reddish diamonds, shared with over forty other programs within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen by means of Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive on the emblem of the Tosa Tribe who first employed your pet, and because his very own family crest was three rhombuses stacked atop the other person. The name Mitsubishi is really a compound of mitsu ("three") in addition to hishi (literally, "water chestnut", often used in Japanese to denote a diamonds or rhombus).
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