Mitsubishi Motors Corporation is a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was your sixth biggest Japanese automaker and the sixteenth biggest worldwide by simply production. From October 2016 onwards, Mitsubishi is majority-owned by Nissan, and thus a part of the Renault-Nissan Alliance.Besides being part from the Renault-Nissan Alliance, it is also part of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's fraction 20% stake in Mitsubishi Power generators, and the company has been originally formed in 1970 in the automotive division of Mitsubishi Major 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 level trucks, buses and heavy structure equipment, and is owned by simply Daimler AG.
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Mitsubishi's automotive origins date back to 1917, when the Mitsubishi Shipbuilding Co., Ltd. introduced the Mitsubishi Product A, Japan's first series-production vehicle. An entirely hand-built seven-seater sedan based on the Fiat Tipo 3, it proved expensive when compared with its American and Eu mass-produced rivals, and was discontinued in 1921 after only 22 have been built.In 1934, Mitsubishi Shipbuilding was merged while using Mitsubishi Aircraft Co., a company established throughout 1920 to manufacture aircraft engines along with other parts. The unified company was referred to as Mitsubishi Heavy Industries (MHI), and was the biggest private company in Okazaki, japan. MHI concentrated on making aircraft, ships, railroad cars and devices, but in 1937 designed the PX33, a prototype sedan regarding military use. It was the first Japanese-built passenger car along with full-time four-wheel drive, a technology the company would resume almost fifty years later in its quest for motorsport and sales achievement.
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Immediately following the end of the 2nd World War, the company returned to be able to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled packages vehicle called the Mizushima and also a scooter called the Sterling silver Pigeon were also produced. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered being dismantled by the Allied properties in 1950, and Mitsubishi Heavy Industries was split up 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 started out importing the Henry J, an inexpensive American four door built by Kaiser Motors, in knockdown kit (CKD) kind in 1951, and continued to bring these phones Japan for the remainder on the car's three-year production operate. The same year, Central Japan Heavy-Industries concluded much the same contract with Willys (today owned by Kaiser) intended for CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps inside production until 1998, thirty years after Willys by themselves had replaced the style.
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By the beginning of the 1960s Japan's economic system was gearing up; wages were rising and the idea of family motoring was taking off. Central Japan Heavy-Industries, now known as Tibia Mitsubishi Heavy-Industries, had already re-established an automotive department in its headquarters in 1953. Now it was willing to introduce the Mitsubishi 500, a mass market 4 door, to meet the new demand from consumers. It followed this in 1962 with all the Minica kei car and the Colt 1000, the first of its Colt line of family cars, in 1963. In 1964, Mitsubishi introduced its most significant passenger sedan, the Mitsubishi Debonair like a luxury car primarily to the Japanese market, and was used simply by senior Mitsubishi executives like a company car.West Japan Heavy-Industries (today renamed Mitsubishi Shipbuilding & Engineering) and East The japanese Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) acquired also expanded their automotive departments from the 1950s, and the three ended up re-integrated as Mitsubishi Large Industries in 1964. Within three years it's output was over seventy five, 000 vehicles annually. Following the successful introduction in the first Galant in 1969 and similar growth with its commercial vehicle division, it was decided that this company should create a single operation to focus on the automotive industry. Mitsubishi Motors Corporation (MMC) ended up being formed on April 22, 1970 as a entirely owned subsidiary of MHI within the leadership of Tomio Kubo, a successful engineer through the aircraft division. [citation needed].
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Your logo of three red-colored diamonds, shared with over forty other programs within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen by simply Iwasaki YatarÅ, the founder of Mitsubishi, as it was suggestive of the emblem of the Tosa Family who first employed your pet, and because his unique family crest was several rhombuses stacked atop 1 another. The name Mitsubishi is often a compound of mitsu ("three") as well as hishi (literally, "water chestnut", often used in Japan to denote a diamonds or rhombus).
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