Mitsubishi Motors Corporation is usually 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 by 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 an integral part of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's group 20% stake in Mitsubishi Power generators, and the company seemed to be originally formed in 1970 from your automotive division of Mitsubishi Heavy Industries.Mitsubishi Fuso Truck in addition to Bus Corporation was formerly part of Mitsubishi Motors, but is now distinct from Mitsubishi Motors, which builds commercial class trucks, buses and heavy design equipment, and is owned 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 vehicle. An entirely hand-built seven-seater sedan using the Fiat Tipo 3, it proved expensive when compared to its American and Western mass-produced rivals, and was discontinued inside 1921 after only 22 have been built.In 1934, Mitsubishi Shipbuilding was merged while using the Mitsubishi Aircraft Co., a company established with 1920 to manufacture aircraft engines along with other parts. The unified company was referred to as Mitsubishi Heavy Industries (MHI), and was the most significant private company in Okazaki, japan. MHI concentrated on producing aircraft, ships, railroad cars and equipment, but in 1937 developed the PX33, a prototype sedan regarding military use. It was the first Japanese-built passenger car having full-time four-wheel drive, a technology the company would resume almost fifty years later in its pursuit of motorsport and sales good results.
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Immediately following the end of the 2nd World War, the company returned in order to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled products vehicle called the Mizushima as well as a scooter called the Sterling silver Pigeon were also developed. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered to become dismantled by the Allied forces 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 out importing the Henry N, an inexpensive American four door built by Kaiser Power generators, in knockdown kit (CKD) type in 1951, and continued to bring them to Japan for the remainder from the car's three-year production function. The same year, Central Japan Heavy-Industries concluded a similar contract with Willys (today owned by Kaiser) with regard to CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps within production until 1998, thirty years after Willys by themselves had replaced the type.
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By the beginning of the 1960s Japan's economic system was gearing up; wages were rising and the thought 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 able 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 Minica kei car as well as the Colt 1000, the first of its Colt brand of family cars, in 1963. In 1964, Mitsubishi introduced its major passenger sedan, the Mitsubishi Debonair to be a luxury car primarily with the Japanese market, and was used by means of senior Mitsubishi executives being a company car.West Japan Heavy-Industries (today renamed Mitsubishi Shipbuilding & Design) and East Okazaki, japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) received also expanded their automotive departments inside 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 with the first Galant in 1969 and similar growth featuring a 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 25, 1970 as a fully owned subsidiary of MHI beneath leadership of Tomio Kubo, a successful engineer in the aircraft division. [citation needed].
The logo of three red 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 in the emblem of the Tosa Family who first employed your ex, and because his personal family crest was about three rhombuses stacked atop one another. The name Mitsubishi can be a compound of mitsu ("three") and hishi (literally, "water chestnut", often used in Japanese people to denote a gemstone or rhombus).
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