Mitsubishi Motors Corporation is often 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 through Nissan, and thus a perhaps the Renault-Nissan Alliance.Besides being part in the Renault-Nissan Alliance, it is also part of Mitsubishi keiretsu, formerly the biggest commercial group in Japan, through the corporation's fraction 20% stake in Mitsubishi Magnetic motors, and the company has been originally formed in 1970 on the automotive division of Mitsubishi Weighty Industries.Mitsubishi Fuso Truck along with Bus Corporation was formerly part of Mitsubishi Motors, but is now distinct from Mitsubishi Motors, which builds commercial level trucks, buses and heavy structure 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 auto. An entirely hand-built seven-seater sedan using the Fiat Tipo 3, it proved expensive when compared to its American and Eu mass-produced rivals, and was discontinued in 1921 after only 22 was built.In 1934, Mitsubishi Shipbuilding was merged using the Mitsubishi Aircraft Co., a company established within 1920 to manufacture aircraft engines as well as other parts. The unified company was often known as Mitsubishi Heavy Industries (MHI), and was the largest private company in Okazaki, japan. MHI concentrated on making aircraft, ships, railroad cars and machines, but in 1937 created the PX33, a prototype sedan with regard to military use. It was the first Japanese-built passenger car together with full-time four-wheel drive, a technology the company would get back to almost fifty years later in its pursuit of motorsport and sales accomplishment.
Immediately following the end of the 2nd World War, the company returned to be able to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled shipment vehicle called the Mizushima plus a scooter called the Sterling silver Pigeon were also designed. However, the zaibatsu (Japan's family-controlled professional conglomerates) were ordered being dismantled by the Allied powers in 1950, and Mitsubishi Heavy Industries was put into three regional companies, each with an involvement in automobile development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries begun importing the Henry L, an inexpensive American four door built by Kaiser Magnetic motors, in knockdown kit (CKD) style in 1951, and continued to bring these phones Japan for the remainder from the car's three-year production run. The same year, Central Japan Heavy-Industries concluded a similar contract with Willys (today owned by Kaiser) intended for CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps throughout production until 1998, thirty years after Willys independently had replaced the type.
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By the start 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 a automotive department in it's headquarters in 1953. Now it was willing to introduce the Mitsubishi 500, a mass market 4 door, to meet the fresh demand from consumers. It followed this in 1962 with all the Minica kei car and also 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 like a luxury car primarily to the Japanese market, and was used simply by senior Mitsubishi executives as a company car.West Japan Heavy-Industries (currently renamed Mitsubishi Shipbuilding & Design) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) acquired also expanded their automotive departments from the 1950s, and the three had been re-integrated as Mitsubishi Hefty Industries in 1964. Within three years the output was over seventy-five, 000 vehicles annually. Following the successful introduction on the first Galant in 1969 and similar growth with its commercial vehicle division, it was decided that this company should create a single operation to spotlight the automotive industry. Mitsubishi Motors Corporation (MMC) ended up being formed on April 23, 1970 as a entirely owned subsidiary of MHI beneath the leadership of Tomio Kubo, a successful engineer from the aircraft division. [citation needed].
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Your logo of three reddish colored diamonds, shared with over forty other programs 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 on the emblem of the Tosa Group who first employed your pet, and because his unique family crest was several rhombuses stacked atop the other. The name Mitsubishi is a compound of mitsu ("three") and hishi (literally, "water chestnut", often used in Japoneses to denote a stone or rhombus).
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