Mitsubishi / Satoh

Mitsubishi Motors Corporation is really a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was this sixth biggest Japanese automaker and also the sixteenth biggest worldwide by simply production. From October 2016 onwards, Mitsubishi is majority-owned by Nissan, and thus a part of the Renault-Nissan Alliance.Besides being part of the Renault-Nissan Alliance, it is also an element of Mitsubishi keiretsu, formerly the biggest industrial group in Japan, through the corporation's small section 20% stake in Mitsubishi Motors, and the company has been originally formed in 1970 on the automotive division of Mitsubishi Hefty Industries.Mitsubishi Fuso Truck along with Bus Corporation was formerly an element of Mitsubishi Motors, but is now independent from Mitsubishi Motors, which builds commercial class trucks, buses and heavy building equipment, and is owned by means of Daimler AG.

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Mitsubishi's automotive origins date time for 1917, when the Mitsubishi Shipbuilding Co., Ltd. introduced the Mitsubishi Style A, Japan's first series-production car or truck. An entirely hand-built seven-seater sedan based on the Fiat Tipo 3, it proved expensive compared to its American and Eu mass-produced rivals, and was discontinued with 1921 after only 22 have been built.In 1934, Mitsubishi Shipbuilding was merged using the Mitsubishi Aircraft Co., a company established inside 1920 to manufacture aircraft engines as well as other parts. The unified company was referred to as Mitsubishi Heavy Industries (MHI), and was the major private company in Okazaki, japan. MHI concentrated on making aircraft, ships, railroad cars and machines, but in 1937 created 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 get back to almost fifty years later in its pursuit of motorsport and sales achievements.

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Rigtht after the end of the other World War, the company returned to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled products vehicle called the Mizushima and also a scooter called the Gold Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled manufacturing 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 auto 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 car built by Kaiser Magnetic motors, in knockdown kit (CKD) type in 1951, and continued to bring those to Japan for the remainder of the car's three-year production function. The same year, Central Japan Heavy-Industries concluded much the same contract with Willys (now owned by Kaiser) regarding 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 design.

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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 removing. Central Japan Heavy-Industries, now known as Leg Mitsubishi Heavy-Industries, had already re-established a good automotive department in it's headquarters in 1953. Now it was able to introduce the Mitsubishi 500, a mass market car, to meet the fresh demand from consumers. It followed this in 1962 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 most significant passenger sedan, the Mitsubishi Debonair as a luxury car primarily for that Japanese market, and was used by simply senior Mitsubishi executives as a company car.West Japan Heavy-Industries (right now renamed Mitsubishi Shipbuilding & Architectural) and East The japanese Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) got also expanded their automotive departments from the 1950s, and the three were being re-integrated as Mitsubishi Large Industries in 1964. Within three years the output was over 80, 000 vehicles annually. Following the successful introduction from the first Galant in 1969 and similar growth which consists of commercial vehicle division, it was decided how 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 completely owned subsidiary of MHI under the leadership of Tomio Kubo, a successful engineer through the aircraft division. [citation needed].

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This logo of three crimson diamonds, shared with over forty other individuals within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen by Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive on the emblem of the Tosa Tribe who first employed your ex, and because his own family crest was about three rhombuses stacked atop the other. The name Mitsubishi is really a compound of mitsu ("three") and also hishi (literally, "water chestnut", often used in Japanese people to denote a diamond or rhombus).

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