Mitsubishi Motors Corporation is often a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was this sixth biggest Japanese automaker plus the sixteenth biggest worldwide through production. From October 2016 onwards, Mitsubishi is majority-owned by Nissan, and thus a section of the Renault-Nissan Alliance.Besides being part in the Renault-Nissan Alliance, it is also part of Mitsubishi keiretsu, formerly the biggest industrial group in Japan, through the corporation's small section 20% stake in Mitsubishi Generators, and the company has been originally formed in 1970 in the automotive division of Mitsubishi Weighty Industries.Mitsubishi Fuso Truck in addition to Bus Corporation was formerly a component of Mitsubishi Motors, but is now different from Mitsubishi Motors, which builds commercial class trucks, buses and heavy design equipment, and is owned simply by Daimler AG.
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Mitsubishi's automotive origins date here we are at 1917, when the Mitsubishi Shipbuilding Company., Ltd. introduced the Mitsubishi Product A, Japan's first series-production automobile. An entirely hand-built seven-seater sedan based on 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 with all the Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines and other parts. The unified company was generally known as Mitsubishi Heavy Industries (MHI), and was the major private company in Asia. MHI concentrated on manufacturing aircraft, ships, railroad cars and devices, but in 1937 designed the PX33, a prototype sedan with regard to military use. It was the very first Japanese-built passenger car along 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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Immediately following the end of the next World War, the company returned to help manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled cargo vehicle called the Mizushima along with a scooter called the Silver precious metal Pigeon were also designed. However, the zaibatsu (Japan's family-controlled manufacturing conglomerates) were ordered for being dismantled by the Allied capabilities in 1950, and Mitsubishi Heavy Industries was split up into three regional companies, each with an involvement in auto development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries begun importing the Henry N, an inexpensive American sedan built by Kaiser Motors, in knockdown kit (CKD) kind in 1951, and continued to bring the crooks to Japan for the remainder of the car's three-year production manage. The same year, Central Japan Heavy-Industries concluded much the same contract with Willys (today owned by Kaiser) regarding CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps throughout production until 1998, thirty years after Willys by themselves had replaced the design.
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By the beginning of the 1960s Japan's economy was gearing up; wages were rising and thinking about family motoring was removing. Central Japan Heavy-Industries, now known as Leg Mitsubishi Heavy-Industries, had already re-established the automotive department in its headquarters in 1953. Now it was willing to introduce the Mitsubishi 500, a mass market sedan, to meet the brand-new demand from consumers. It followed this in 1962 with the Minica kei car and also the Colt 1000, the first of its Colt distinct family cars, in 1963. In 1964, Mitsubishi introduced its greatest passenger sedan, the Mitsubishi Debonair being a luxury car primarily to the Japanese market, and was used by senior Mitsubishi executives to be a company car.West Japan Heavy-Industries (currently renamed Mitsubishi Shipbuilding & Anatomist) and East Okazaki, japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) acquired also expanded their automotive departments from the 1950s, and the three have been re-integrated as Mitsubishi Major Industries in 1964. Within three years it's output was over 80, 000 vehicles annually. Following the successful introduction of the first Galant in 1969 and similar growth using its commercial vehicle division, it was decided the company should create a single operation to focus on the automotive industry. Mitsubishi Motors Corporation (MMC) seemed to be formed on April twenty two, 1970 as a wholly owned subsidiary of MHI within the leadership of Tomio Kubo, a successful engineer through the aircraft division. [citation needed].
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The logo of three crimson diamonds, shared with over forty other companies 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 in the emblem of the Tosa Tribe who first employed your ex, and because his unique family crest was 3 rhombuses stacked atop the other. The name Mitsubishi is a compound of mitsu ("three") and also hishi (literally, "water chestnut", often used in Japoneses to denote a gemstone or rhombus).
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