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Mitsubishi Motors Corporation is usually a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the actual sixth biggest Japanese automaker along with the sixteenth biggest worldwide by simply production. From October 2016 onwards, Mitsubishi is majority-owned by simply Nissan, and thus a perhaps the Renault-Nissan Alliance.Besides being part from the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest professional group in Japan, through the corporation's small section 20% stake in Mitsubishi Motors, and the company was originally formed in 1970 in the automotive division of Mitsubishi Heavy Industries.Mitsubishi Fuso Truck along with Bus Corporation was formerly an element of Mitsubishi Motors, but is now different from Mitsubishi Motors, which builds commercial grade trucks, buses and heavy construction equipment, and is owned simply by Daimler AG.

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Mitsubishi's automotive origins date here we are at 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 good Fiat Tipo 3, it proved expensive when compared to its American and Eu mass-produced rivals, and was discontinued with 1921 after only 22 ended up built.In 1934, Mitsubishi Shipbuilding was merged with the Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines along with other parts. The unified company was referred to as Mitsubishi Heavy Industries (MHI), and was the largest private company in Okazaki, japan. MHI concentrated on manufacturing aircraft, ships, railroad cars and machinery, but in 1937 developed the PX33, a prototype sedan intended for military use. It was the 1st Japanese-built passenger car having full-time four-wheel drive, a technology the company would go back to almost fifty years later in its quest for motorsport and sales achievement.

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Rigtht after the end of the 2nd World War, the company returned for you to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled shipment vehicle called the Mizushima and a scooter called the Silver precious metal Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled commercial 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 automobile development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries begun importing the Henry T, an inexpensive American four door built by Kaiser Power generators, in knockdown kit (CKD) style in 1951, and continued to bring these to Japan for the remainder in the car's three-year production run. The same year, Central Japan Heavy-Industries concluded much the same contract with Willys (now owned by Kaiser) with regard to CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps in production until 1998, thirty years after Willys by themselves had replaced the product.

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By the beginning of the 1960s Japan's financial system 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 automotive department in their headquarters in 1953. Now it was prepared to introduce the Mitsubishi 500, a mass market car, to meet the fresh demand from consumers. It followed this in 1962 while using the Minica kei car and also the Colt 1000, the first of its Colt type of 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 simply senior Mitsubishi executives like a company car.West Japan Heavy-Industries (at this point renamed Mitsubishi Shipbuilding & Architectural) and East Japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) had also expanded their automotive departments inside 1950s, and the three have been re-integrated as Mitsubishi Large Industries in 1964. Within three years it's output was over seventy-five, 000 vehicles annually. Following the successful introduction of the first Galant in 1969 and similar growth using 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) had been formed on April twenty two, 1970 as a completely owned subsidiary of MHI under the leadership of Tomio Kubo, a successful engineer from the aircraft division. [citation needed].

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Your logo of three reddish 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 in the emblem of the Tosa Clan who first employed your ex, and because his unique family crest was several rhombuses stacked atop 1 another. The name Mitsubishi is often a compound of mitsu ("three") in addition to hishi (literally, "water chestnut", often used in Japanese to denote a precious stone or rhombus).

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