Mitsubishi Motors Corporation is a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the actual sixth biggest Japanese automaker and the sixteenth biggest worldwide by simply production. From October 2016 onwards, Mitsubishi is majority-owned through Nissan, and thus a part of the Renault-Nissan Alliance.Besides being part with the Renault-Nissan Alliance, it is also an element of Mitsubishi keiretsu, formerly the biggest professional group in Japan, through the corporation's fraction 20% stake in Mitsubishi Motors, and the company seemed to be originally formed in 1970 from your automotive division of Mitsubishi Major Industries.Mitsubishi Fuso Truck and also Bus Corporation was formerly part of Mitsubishi Motors, but is now individual from Mitsubishi Motors, which builds commercial quality trucks, buses and heavy building equipment, and is owned simply by Daimler AG.
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Mitsubishi's automotive origins date time for 1917, when the Mitsubishi Shipbuilding Corp., Ltd. introduced the Mitsubishi Design 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 American mass-produced rivals, and was discontinued within 1921 after only 22 were being built.In 1934, Mitsubishi Shipbuilding was merged using the Mitsubishi Aircraft Co., a company established with 1920 to manufacture aircraft engines and other parts. The unified company was called Mitsubishi Heavy Industries (MHI), and was the greatest private company in Okazaki, japan. MHI concentrated on producing aircraft, ships, railroad cars and machinery, but in 1937 designed the PX33, a prototype sedan regarding military use. It was the 1st Japanese-built passenger car together with full-time four-wheel drive, a technology the company would return to almost fifty years later in its pursuit of motorsport and sales good results.
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Rigtht after the end of the second World War, the company returned for you to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled cargo vehicle called the Mizushima and a scooter called the Sterling silver Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled manufacturing conglomerates) were ordered to become dismantled by the Allied capabilities in 1950, and Mitsubishi Heavy Industries was put into three regional companies, each with an involvement in motorized vehicle development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries commenced importing the Henry L, an inexpensive American 4 door built by Kaiser Power generators, in knockdown kit (CKD) form in 1951, and continued to bring those to Japan for the remainder with the car's three-year production manage. The same year, Central Japan Heavy-Industries concluded the same contract with Willys (right now owned by Kaiser) intended for CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps in production until 1998, thirty years after Willys them selves had replaced the type.
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By the start of the 1960s Japan's overall economy was gearing up; wages were rising and the idea of family motoring was removing. Central Japan Heavy-Industries, now known as Tibia Mitsubishi Heavy-Industries, had already re-established a great automotive department in their headquarters in 1953. Now it was willing to introduce the Mitsubishi 500, a mass market 4 door, to meet the new demand from consumers. It followed this in 1962 with all the Minica kei car and the Colt 1000, the first of its Colt distinctive line of family cars, in 1963. In 1964, Mitsubishi introduced its largest passenger sedan, the Mitsubishi Debonair as a luxury car primarily to the Japanese market, and was used through senior Mitsubishi executives as a company car.West Japan Heavy-Industries (now renamed Mitsubishi Shipbuilding & Executive) and East Japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) received also expanded their automotive departments within the 1950s, and the three were re-integrated as Mitsubishi Major Industries in 1964. Within three years its output was over 70, 000 vehicles annually. Following the successful introduction in the first Galant in 1969 and similar growth which consists of commercial vehicle division, it was decided which the company should create a single operation to focus on the automotive industry. Mitsubishi Motors Corporation (MMC) was formed on April 22, 1970 as a totally owned subsidiary of MHI beneath the leadership of Tomio Kubo, a successful engineer through the aircraft division. [citation needed].
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The actual logo of three reddish colored 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 with the emblem of the Tosa Tribe who first employed your pet, and because his unique family crest was 3 rhombuses stacked atop the other person. The name Mitsubishi is often a compound of mitsu ("three") along with hishi (literally, "water chestnut", often used in Japanese to denote a diamond or rhombus).
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