Mitsubishi Motors Corporation is usually a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the actual sixth biggest Japanese automaker plus the sixteenth biggest worldwide by means of production. From October 2016 onwards, Mitsubishi is majority-owned by Nissan, and thus a area of the Renault-Nissan Alliance.Besides being part on the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest industrial group in Japan, through the corporation's small section 20% stake in Mitsubishi Magnetic motors, and the company has been originally formed in 1970 on the automotive division of Mitsubishi Heavy Industries.Mitsubishi Fuso Truck as well as Bus Corporation was formerly part of Mitsubishi Motors, but is now different from Mitsubishi Motors, which builds commercial level trucks, buses and heavy building equipment, and is owned through Daimler AG.
2017 Mitsubishi XRPHEV concept
Mitsubishi's automotive origins date back to 1917, when the Mitsubishi Shipbuilding Corp., Ltd. introduced the Mitsubishi Type A, Japan's first series-production automobile. An entirely hand-built seven-seater sedan using the Fiat Tipo 3, it proved expensive compared to its American and Western european mass-produced rivals, and was discontinued throughout 1921 after only 22 was built.In 1934, Mitsubishi Shipbuilding was merged while using the Mitsubishi Aircraft Co., a company established inside 1920 to manufacture aircraft engines along with parts. The unified company was often known as Mitsubishi Heavy Industries (MHI), and was the biggest private company in Okazaki, japan. MHI concentrated on production aircraft, ships, railroad cars and systems, but in 1937 developed the PX33, a prototype sedan intended for military use. It was the primary Japanese-built passenger car using full-time four-wheel drive, a technology the company would come back to almost fifty years later in its search for motorsport and sales accomplishment.
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Immediately following the end of the 2nd World War, the company returned to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled cargo vehicle called the Mizushima and a scooter called the Silver precious metal Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled business conglomerates) were ordered to become dismantled by the Allied properties in 1950, and Mitsubishi Heavy Industries was put into three regional companies, each with an involvement in motorized vehicle 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 car built by Kaiser Generators, in knockdown kit (CKD) form in 1951, and continued to bring those to Japan for the remainder from the car's three-year production manage. The same year, Central Japan Heavy-Industries concluded a similar contract with Willys (currently owned by Kaiser) regarding CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps in production until 1998, thirty years after Willys by themselves had replaced the model.
Mitsubishi Eclipse black by NCDesign on DeviantArt
By the start of the 1960s Japan's economic system was gearing up; wages were rising and the thought of family motoring was removing. 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 prepared to introduce the Mitsubishi 500, a mass market car, to meet the completely new demand from consumers. It followed this in 1962 with the Minica kei car as well as the Colt 1000, the first of its Colt type of family cars, in 1963. In 1964, Mitsubishi introduced its most significant passenger sedan, the Mitsubishi Debonair being a luxury car primarily with the Japanese market, and was used by senior Mitsubishi executives to be a company car.West Japan Heavy-Industries (today renamed Mitsubishi Shipbuilding & Design) and East Okazaki, japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) experienced also expanded their automotive departments inside the 1950s, and the three had been 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 using its 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) was formed on April twenty-two, 1970 as a fully owned subsidiary of MHI within the leadership of Tomio Kubo, a successful engineer from the aircraft division. [citation needed].
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The logo of three red-colored diamonds, shared with over forty other companies within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen by means of Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive in the emblem of the Tosa Tribe who first employed your pet, and because his personal family crest was 3 rhombuses stacked atop the other person. The name Mitsubishi can be a compound of mitsu ("three") and hishi (literally, "water chestnut", often used in Japanese to denote a diamonds or rhombus).
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