Mitsubishi / Satoh

Mitsubishi Motors Corporation is usually a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was this sixth biggest Japanese automaker and the sixteenth biggest worldwide simply by production. From October 2016 onwards, Mitsubishi is majority-owned simply by Nissan, and thus a the main Renault-Nissan Alliance.Besides being part in the Renault-Nissan Alliance, it is also an integral part of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's community 20% stake in Mitsubishi Generators, and the company was originally formed in 1970 from your automotive division of Mitsubishi Heavy Industries.Mitsubishi Fuso Truck and also Bus Corporation was formerly a component of Mitsubishi Motors, but is now individual from Mitsubishi Motors, which builds commercial rank trucks, buses and heavy structure equipment, and is owned by simply Daimler AG.

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Mitsubishi's automotive origins date to 1917, when the Mitsubishi Shipbuilding Corp., Ltd. introduced the Mitsubishi Type A, Japan's first series-production automobile. An entirely hand-built seven-seater sedan while using Fiat Tipo 3, it proved expensive when compared with its American and European mass-produced rivals, and was discontinued throughout 1921 after only 22 have been built.In 1934, Mitsubishi Shipbuilding was merged with the Mitsubishi Aircraft Co., a company established throughout 1920 to manufacture aircraft engines as well as other parts. The unified company was called Mitsubishi Heavy Industries (MHI), and was the greatest private company in The japanese. MHI concentrated on creation aircraft, ships, railroad cars and devices, but in 1937 designed the PX33, a prototype sedan for military use. It was the initial Japanese-built passenger car with full-time four-wheel drive, a technology the company would get back to almost fifty years later in its quest for motorsport and sales good results.

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Rigtht after the end of the next World War, the company returned to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled freight vehicle called the Mizushima plus a scooter called the Silver precious metal Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered to get dismantled by the Allied power in 1950, and Mitsubishi Heavy Industries was split 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 began importing the Henry T, an inexpensive American car built by Kaiser Engines, in knockdown kit (CKD) form in 1951, and continued to bring those to Japan for the remainder in the car's three-year production function. The same year, Central Japan Heavy-Industries concluded a comparable contract with Willys (currently owned by Kaiser) for CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps within production until 1998, thirty years after Willys by themselves had replaced the style.

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By the start of the 1960s Japan's economic climate was gearing up; wages were rising and the concept of family motoring was taking off. Central Japan Heavy-Industries, now known as Leg Mitsubishi Heavy-Industries, had already re-established a great automotive department in it's headquarters in 1953. Now it was wanting to introduce the Mitsubishi 500, a mass market sedan, to meet the fresh 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 greatest passenger sedan, the Mitsubishi Debonair to be a luxury car primarily for that Japanese market, and was used by senior Mitsubishi executives to be a company car.West Japan Heavy-Industries (now renamed Mitsubishi Shipbuilding & Engineering) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) acquired also expanded their automotive departments inside the 1950s, and the three were re-integrated as Mitsubishi Hefty Industries in 1964. Within three years it is output was over 75, 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 the company should create a single operation to spotlight the automotive industry. Mitsubishi Motors Corporation (MMC) seemed to be formed on April twenty-two, 1970 as a entirely owned subsidiary of MHI beneath the leadership of Tomio Kubo, a successful engineer on the aircraft division. [citation needed].

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

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