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 as well as the sixteenth biggest worldwide simply by production. From October 2016 onwards, Mitsubishi is majority-owned through Nissan, and thus a the main Renault-Nissan Alliance.Besides being part of the Renault-Nissan Alliance, it is also an element of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's community 20% stake in Mitsubishi Magnetic motors, and the company had been originally formed in 1970 from the automotive division of Mitsubishi Heavy Industries.Mitsubishi Fuso Truck and also Bus Corporation was formerly a part of Mitsubishi Motors, but is now individual 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 back to 1917, when the Mitsubishi Shipbuilding Company., Ltd. introduced the Mitsubishi Product A, Japan's first series-production car. An entirely hand-built seven-seater sedan in line with the Fiat Tipo 3, it proved expensive when compared to its American and European 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 throughout 1920 to manufacture aircraft engines as well as other parts. The unified company was generally known as Mitsubishi Heavy Industries (MHI), and was the greatest private company in Japan. MHI concentrated on making aircraft, ships, railroad cars and systems, but in 1937 produced the PX33, a prototype sedan regarding military use. It was the primary Japanese-built passenger car using full-time four-wheel drive, a technology the company would go back to almost fifty years later in its pursuit of motorsport and sales success.
India. Before entering into the Indian market, this sporty looked Ou
Immediately following the end of the 2nd World War, the company returned for you to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled products vehicle called the Mizushima as well as a scooter called the Metallic Pigeon were also developed. However, the zaibatsu (Japan's family-controlled industrial conglomerates) were ordered to be dismantled by the Allied properties in 1950, and Mitsubishi Heavy Industries was separated into three regional companies, each with an involvement in car 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 Power generators, in knockdown kit (CKD) type in 1951, and continued to bring those to Japan for the remainder with the car's three-year production function. The same year, Central Japan Heavy-Industries concluded much the same contract with Willys (currently owned by Kaiser) regarding CKD-assembled Jeep CJ-3Bs. This deal proved more durable, 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 economy was gearing up; wages were rising and the concept of family motoring was removing. Central Japan Heavy-Industries, now known as Tibia Mitsubishi Heavy-Industries, had already re-established a great automotive department in its headquarters in 1953. Now it was ready to introduce the Mitsubishi 500, a mass market car, to meet the new demand from consumers. It followed this in 1962 while using the Minica kei car and also 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 being a luxury car primarily for your Japanese market, and was used by means of senior Mitsubishi executives as being a company car.West Japan Heavy-Industries (today renamed Mitsubishi Shipbuilding & Executive) and East Okazaki, japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) acquired also expanded their automotive departments inside 1950s, and the three were being re-integrated as Mitsubishi Weighty Industries in 1964. Within three years their output was over seventy five, 000 vehicles annually. Following the successful introduction on the first Galant in 1969 and similar growth which consists of commercial vehicle division, it was decided the company should create a single operation to pay attention to the automotive industry. Mitsubishi Motors Corporation (MMC) ended up being formed on April 25, 1970 as a totally owned subsidiary of MHI beneath the leadership of Tomio Kubo, a successful engineer in the aircraft division. [citation needed].
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This logo of three reddish diamonds, shared with over forty others within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen by means of Iwasaki YatarÅ, the founder of Mitsubishi, as it was suggestive from the emblem of the Tosa Tribe who first employed him or her, and because his very own family crest was a few rhombuses stacked atop one another. The name Mitsubishi is a compound of mitsu ("three") and also hishi (literally, "water chestnut", often used in Japanese to denote a stone or rhombus).
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