Mitsubishi Motors Corporation can be a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the 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 perhaps the Renault-Nissan Alliance.Besides being part from the Renault-Nissan Alliance, it is also part of Mitsubishi keiretsu, formerly the biggest industrial group in Japan, through the corporation's community 20% stake in Mitsubishi Engines, and the company was originally formed in 1970 on the automotive division of Mitsubishi Large Industries.Mitsubishi Fuso Truck and Bus Corporation was formerly an element of Mitsubishi Motors, but is now individual from Mitsubishi Motors, which builds commercial rank trucks, buses and heavy development equipment, and is owned by Daimler AG.
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Mitsubishi's automotive origins date time for 1917, when the Mitsubishi Shipbuilding Corp., Ltd. introduced the Mitsubishi Style A, Japan's first series-production auto. An entirely hand-built seven-seater sedan in line with the Fiat Tipo 3, it proved expensive when compared with its American and Western mass-produced rivals, and was discontinued throughout 1921 after only 22 was built.In 1934, Mitsubishi Shipbuilding was merged with all the Mitsubishi Aircraft Co., a company established with 1920 to manufacture aircraft engines as well as other parts. The unified company was called Mitsubishi Heavy Industries (MHI), and was the major private company in Japan. MHI concentrated on making aircraft, ships, railroad cars and machinery, but in 1937 produced the PX33, a prototype sedan for military use. It was the initial Japanese-built passenger car together with full-time four-wheel drive, a technology the company would return to almost fifty years later in its search for motorsport and sales achievements.
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Rigtht after the end of your second World War, the company returned to be able to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled packages vehicle called the Mizushima along with 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 powers in 1950, and Mitsubishi Heavy Industries was split up 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 begun importing the Henry J, an inexpensive American 4 door built by Kaiser Generators, in knockdown kit (CKD) kind in 1951, and continued to bring them to Japan for the remainder of the car's three-year production operate. The same year, Central Japan Heavy-Industries concluded the same contract with Willys (at this point owned by Kaiser) intended for CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps throughout production until 1998, thirty years after Willys themselves had replaced the type.
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By the start of the 1960s Japan's economic system was gearing up; wages were rising and the idea of family motoring was removing. Central Japan Heavy-Industries, now known as Leg Mitsubishi Heavy-Industries, had already re-established a good automotive department in its headquarters in 1953. Now it was able to introduce the Mitsubishi 500, a mass market car, to meet the new demand from consumers. It followed this in 1962 while using Minica kei car along with 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 to the Japanese market, and was used by senior Mitsubishi executives as a company car.West Japan Heavy-Industries (currently renamed Mitsubishi Shipbuilding & Executive) and East Japan 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 Large Industries in 1964. Within three years their output was over 75, 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 pay attention to the automotive industry. Mitsubishi Motors Corporation (MMC) ended up being formed on April 23, 1970 as a fully owned subsidiary of MHI underneath the leadership of Tomio Kubo, a successful engineer from the aircraft division. [citation needed].
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The particular 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 through Iwasaki YatarÅ, the founder of Mitsubishi, as it was suggestive with the emblem of the Tosa Family who first employed your ex, and because his personal family crest was several rhombuses stacked atop the other person. The name Mitsubishi is often a compound of mitsu ("three") and hishi (literally, "water chestnut", often used in Japanese people to denote a diamond or rhombus).
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