Mitsubishi Motors Corporation can be a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the actual sixth biggest Japanese automaker along with the sixteenth biggest worldwide through production. From October 2016 onwards, Mitsubishi is majority-owned through Nissan, and thus a the main Renault-Nissan Alliance.Besides being part of the Renault-Nissan Alliance, it is also an element of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's community 20% stake in Mitsubishi Magnetic motors, and the company ended up being originally formed in 1970 through the automotive division of Mitsubishi Major Industries.Mitsubishi Fuso Truck along with Bus Corporation was formerly part of Mitsubishi Motors, but is now separate from Mitsubishi Motors, which builds commercial rank trucks, buses and heavy building equipment, and is owned by Daimler AG.
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Mitsubishi's automotive origins date to 1917, when the Mitsubishi Shipbuilding Corp., Ltd. introduced the Mitsubishi Model A, Japan's first series-production car. An entirely hand-built seven-seater sedan while using Fiat Tipo 3, it proved expensive when compared to its American and European mass-produced rivals, and was discontinued in 1921 after only 22 was built.In 1934, Mitsubishi Shipbuilding was merged while using 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 most significant private company in Asia. MHI concentrated on creation aircraft, ships, railroad cars and systems, but in 1937 developed the PX33, a prototype sedan with regard to military use. It was the 1st Japanese-built passenger car having full-time four-wheel drive, a technology the company would get back to almost fifty years later in its quest for motorsport and sales accomplishment.
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Rigtht after the end of your second World War, the company returned to help manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled packages vehicle called the Mizushima and also a scooter called the Silver Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled industrial conglomerates) were ordered to become 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 began importing the Henry N, an inexpensive American 4 door built by Kaiser Engines, in knockdown kit (CKD) kind in 1951, and continued to bring these to Japan for the remainder with the car's three-year production work. The same year, Central Japan Heavy-Industries concluded the same contract with Willys (at this point owned by Kaiser) pertaining to CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps within production until 1998, thirty years after Willys themselves had replaced the product.
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By the beginning of the 1960s Japan's financial system was gearing up; wages were rising and thinking about family motoring was removing. Central Japan Heavy-Industries, now known as Tibia Mitsubishi Heavy-Industries, had already re-established an automotive department in their headquarters in 1953. Now it was ready to introduce the Mitsubishi 500, a mass market 4 door, to meet the fresh demand from consumers. It followed this in 1962 while using the Minica kei car along with the Colt 1000, the first of its Colt brand of family cars, in 1963. In 1964, Mitsubishi introduced its biggest passenger sedan, the Mitsubishi Debonair as being a luxury car primarily with the Japanese market, and was used by senior Mitsubishi executives like a company car.West Japan Heavy-Industries (at this point renamed Mitsubishi Shipbuilding & Design) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) got also expanded their automotive departments from the 1950s, and the three ended up re-integrated as Mitsubishi Major Industries in 1964. Within three years it's output was over seventy-five, 000 vehicles annually. Following the successful introduction of the first Galant in 1969 and similar growth having its commercial vehicle division, it was decided which the company should create a single operation to spotlight the automotive industry. Mitsubishi Motors Corporation (MMC) seemed to be formed on April 23, 1970 as a entirely owned subsidiary of MHI beneath leadership of Tomio Kubo, a successful engineer from your aircraft division. [citation needed].
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This logo of three crimson diamonds, shared with over forty other companies within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen by Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive in the emblem of the Tosa Family who first employed your pet, and because his very own family crest was three rhombuses stacked atop one another. The name Mitsubishi is really a compound of mitsu ("three") along with hishi (literally, "water chestnut", often used in Japoneses to denote a diamonds or rhombus).
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