Mitsubishi Motors Corporation can be a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the sixth biggest Japanese automaker along with the sixteenth biggest worldwide by means of production. From October 2016 onwards, Mitsubishi is majority-owned by means of Nissan, and thus a area of the Renault-Nissan Alliance.Besides being part with the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's fraction 20% stake in Mitsubishi Generators, and the company seemed to be originally formed in 1970 from the automotive division of Mitsubishi Hefty Industries.Mitsubishi Fuso Truck along with Bus Corporation was formerly an integral part of Mitsubishi Motors, but is now distinct from Mitsubishi Motors, which builds commercial level 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 automobile. An entirely hand-built seven-seater sedan using the Fiat Tipo 3, it proved expensive in comparison to its American and Eu mass-produced rivals, and was discontinued throughout 1921 after only 22 had been built.In 1934, Mitsubishi Shipbuilding was merged while using the Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines and other parts. The unified company was called Mitsubishi Heavy Industries (MHI), and was the greatest private company in The japanese. MHI concentrated on production aircraft, ships, railroad cars and devices, but in 1937 developed the PX33, a prototype sedan for military use. It was the initial Japanese-built passenger car along with full-time four-wheel drive, a technology the company would come back to almost fifty years later in its quest for motorsport and sales achievement.
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Rigtht after the end of the other World War, the company returned to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled freight vehicle called the Mizushima and a scooter called the Metallic Pigeon were also created. However, the zaibatsu (Japan's family-controlled professional conglomerates) were ordered to get dismantled by the Allied power in 1950, and Mitsubishi Heavy Industries was put into three regional companies, each with an involvement in motor vehicle 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 sedan built by Kaiser Power generators, in knockdown kit (CKD) form in 1951, and continued to bring these to Japan for the remainder from the car's three-year production manage. The same year, Central Japan Heavy-Industries concluded an identical contract with Willys (right now 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 independently had replaced the style.
By the start of the 1960s Japan's economic climate 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 a good automotive department in it's headquarters in 1953. Now it was prepared to introduce the Mitsubishi 500, a mass market car, to meet the brand new demand from consumers. It followed this in 1962 while using Minica kei car and also the Colt 1000, the first of its Colt type of family cars, in 1963. In 1964, Mitsubishi introduced its largest passenger sedan, the Mitsubishi Debonair as a luxury car primarily with the Japanese market, and was used by simply senior Mitsubishi executives as being a company car.West Japan Heavy-Industries (right now renamed Mitsubishi Shipbuilding & Design) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) had also expanded their automotive departments in the 1950s, and the three ended up re-integrated as Mitsubishi Hefty Industries in 1964. Within three years the output was over 80, 000 vehicles annually. Following the successful introduction with the first Galant in 1969 and similar growth with its commercial vehicle division, it was decided that the 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 wholly owned subsidiary of MHI underneath the leadership of Tomio Kubo, a successful engineer from the aircraft division. [citation needed].
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The 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 Yatarō, the founder of Mitsubishi, as it was suggestive of the emblem of the Tosa Tribe who first employed your ex, and because his individual family crest was several rhombuses stacked atop each other. The name Mitsubishi is a compound of mitsu ("three") and hishi (literally, "water chestnut", often used in Japanese to denote a precious stone or rhombus).
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