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Mitsubishi Motors Corporation can be 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 by means of Nissan, and thus a the main Renault-Nissan Alliance.Besides being part from the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest business group in Japan, through the corporation's community 20% stake in Mitsubishi Magnetic motors, and the company seemed to be originally formed in 1970 from your automotive division of Mitsubishi Hefty Industries.Mitsubishi Fuso Truck along with Bus Corporation was formerly a part of Mitsubishi Motors, but is now different from Mitsubishi Motors, which builds commercial class trucks, buses and heavy building equipment, and is owned by simply Daimler AG.

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Mitsubishi's automotive origins date to 1917, when the Mitsubishi Shipbuilding Co., Ltd. introduced the Mitsubishi Model A, Japan's first series-production car or truck. An entirely hand-built seven-seater sedan good Fiat Tipo 3, it proved expensive compared to its American and Western 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 with 1920 to manufacture aircraft engines and other parts. The unified company was known as Mitsubishi Heavy Industries (MHI), and was the major private company in Asia. MHI concentrated on manufacturing aircraft, ships, railroad cars and devices, but in 1937 developed the PX33, a prototype sedan regarding military use. It was the initial Japanese-built passenger car along with full-time four-wheel drive, a technology the company would return to almost fifty years later in its search for motorsport and sales accomplishment.

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Rigtht after the end of the 2nd World War, the company returned to help manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled shipment vehicle called the Mizushima plus a scooter called the Sterling silver Pigeon were also produced. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered for being dismantled by the Allied power in 1950, and Mitsubishi Heavy Industries was split up 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 began importing the Henry N, an inexpensive American four door built by Kaiser Generators, in knockdown kit (CKD) variety in 1951, and continued to bring these to Japan for the remainder in the car's three-year production operate. The same year, Central Japan Heavy-Industries concluded a similar contract with Willys (at this point owned by Kaiser) with regard to CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps with production until 1998, thirty years after Willys by themselves had replaced the design.

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By the start of the 1960s Japan's economy was gearing up; wages were rising and the thought 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 wanting to introduce the Mitsubishi 500, a mass market sedan, to meet the brand new demand from consumers. It followed this in 1962 with the Minica kei car along with the Colt 1000, the first of its Colt distinct family cars, in 1963. In 1964, Mitsubishi introduced its major passenger sedan, the Mitsubishi Debonair as a luxury car primarily for that Japanese market, and was used by senior Mitsubishi executives to be a company car.West Japan Heavy-Industries (right now renamed Mitsubishi Shipbuilding & Executive) and East Japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) experienced also expanded their automotive departments in the 1950s, and the three were re-integrated as Mitsubishi Hefty Industries in 1964. Within three years their output was over 70, 000 vehicles annually. Following the successful introduction of the first Galant in 1969 and similar growth having its commercial vehicle division, it was decided that this company should create a single operation to focus on the automotive industry. Mitsubishi Motors Corporation (MMC) was formed on April twenty two, 1970 as a completely owned subsidiary of MHI beneath the leadership of Tomio Kubo, a successful engineer from your aircraft division. [citation needed].

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The actual logo of three reddish colored diamonds, shared with over forty other individuals within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen by means of Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive of the emblem of the Tosa Kin who first employed them, and because his very own family crest was about three rhombuses stacked atop the other. The name Mitsubishi is usually a compound of mitsu ("three") along with hishi (literally, "water chestnut", often used in Japanese people to denote a stone or rhombus).

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