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Mitsubishi Motors Corporation is usually a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was your sixth biggest Japanese automaker plus the sixteenth biggest worldwide simply by production. From October 2016 onwards, Mitsubishi is majority-owned by simply Nissan, and thus a the main Renault-Nissan Alliance.Besides being part from the Renault-Nissan Alliance, it is also an integral part of Mitsubishi keiretsu, formerly the biggest industrial group in Japan, through the corporation's group 20% stake in Mitsubishi Motors, and the company ended up being originally formed in 1970 from the automotive division of Mitsubishi Hefty Industries.Mitsubishi Fuso Truck along with Bus Corporation was formerly an element 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 returning to 1917, when the Mitsubishi Shipbuilding Corp., Ltd. introduced the Mitsubishi Style A, Japan's first series-production vehicle. An entirely hand-built seven-seater sedan using the Fiat Tipo 3, it proved expensive when compared with its American and American mass-produced rivals, and was discontinued inside 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 and other parts. The unified company was known as Mitsubishi Heavy Industries (MHI), and was the most significant private company in The japanese. MHI concentrated on manufacturing aircraft, ships, railroad cars and devices, but in 1937 produced the PX33, a prototype sedan intended 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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Immediately following the end of the next World War, the company returned to help manufacturing vehicles. Fuso bus production started again, while a small three-wheeled products vehicle called the Mizushima as well as a scooter called the Silver Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled business conglomerates) were ordered for being dismantled by the Allied powers in 1950, and Mitsubishi Heavy Industries was split 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 commenced importing the Henry T, an inexpensive American sedan built by Kaiser Generators, in knockdown kit (CKD) style 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 the same contract with Willys (today owned by Kaiser) with regard to CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps within 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 thought of family motoring was removing. Central Japan Heavy-Industries, now known as Shin Mitsubishi Heavy-Industries, had already re-established a good automotive department in it is headquarters in 1953. Now it was ready to introduce the Mitsubishi 500, a mass market sedan, to meet the new demand from consumers. It followed this in 1962 while using the Minica kei car as well as 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 being a luxury car primarily for your Japanese market, and was used by senior Mitsubishi executives as being a company car.West Japan Heavy-Industries (right now renamed Mitsubishi Shipbuilding & Engineering) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) experienced also expanded their automotive departments inside 1950s, and the three have been re-integrated as Mitsubishi Large Industries in 1964. Within three years it is output was over seventy five, 000 vehicles annually. Following the successful introduction with the first Galant in 1969 and similar growth with 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) had been formed on April twenty-two, 1970 as a entirely owned subsidiary of MHI under the leadership of Tomio Kubo, a successful engineer through the aircraft division. [citation needed].

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The actual logo of three red diamonds, shared with over forty other companies within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen through Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive of the emblem of the Tosa Kin who first employed your ex, and because his personal family crest was a few rhombuses stacked atop 1 another. The name Mitsubishi can be a compound of mitsu ("three") as well as hishi (literally, "water chestnut", often used in Western to denote a diamonds or rhombus).

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