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Mitsubishi Motors Corporation can be a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was your sixth biggest Japanese automaker plus the sixteenth biggest worldwide simply by production. From October 2016 onwards, Mitsubishi is majority-owned by means of Nissan, and thus a area of the Renault-Nissan Alliance.Besides being part on the Renault-Nissan Alliance, it is also a component of Mitsubishi keiretsu, formerly the biggest industrial group in Japan, through the corporation's minority 20% stake in Mitsubishi Generators, and the company had been originally formed in 1970 on the automotive division of Mitsubishi Large Industries.Mitsubishi Fuso Truck as well as Bus Corporation was formerly part of Mitsubishi Motors, but is now distinct from Mitsubishi Motors, which builds commercial level trucks, buses and heavy structure equipment, and is owned simply by Daimler AG.

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Mitsubishi's automotive origins date returning to 1917, when the Mitsubishi Shipbuilding Company., 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 in comparison with its American and European mass-produced rivals, and was discontinued in 1921 after only 22 was built.In 1934, Mitsubishi Shipbuilding was merged while using the Mitsubishi Aircraft Co., a company established inside 1920 to manufacture aircraft engines and other parts. The unified company was often known as Mitsubishi Heavy Industries (MHI), and was the largest private company in Japan. MHI concentrated on producing aircraft, ships, railroad cars and equipment, but in 1937 developed the PX33, a prototype sedan intended for military use. It was the 1st Japanese-built passenger car along with full-time four-wheel drive, a technology the company would come back to almost fifty years later in its pursuit of motorsport and sales achievements.

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Immediately following the end of the second World War, the company returned for you to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled products 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 become dismantled by the Allied forces 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 began importing the Henry J, an inexpensive American car built by Kaiser Engines, in knockdown kit (CKD) type in 1951, and continued to bring these to Japan for the remainder from the car's three-year production operate. The same year, Central Japan Heavy-Industries concluded the same contract with Willys (at this point owned by Kaiser) regarding CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps within production until 1998, thirty years after Willys themselves had replaced the style.

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By the beginning 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 Leg Mitsubishi Heavy-Industries, had already re-established a great automotive department in it's headquarters in 1953. Now it was prepared to introduce the Mitsubishi 500, a mass market car, to meet the brand-new demand from consumers. It followed this in 1962 while using the Minica kei car and also the Colt 1000, the first of its Colt line of family cars, in 1963. In 1964, Mitsubishi introduced its greatest passenger sedan, the Mitsubishi Debonair to be a luxury car primarily for your Japanese market, and was used through senior Mitsubishi executives like a company car.West Japan Heavy-Industries (now renamed Mitsubishi Shipbuilding & Engineering) and East Japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) got also expanded their automotive departments in the 1950s, and the three ended up re-integrated as Mitsubishi Hefty Industries in 1964. Within three years the output was over 70, 000 vehicles annually. Following the successful introduction on the first Galant in 1969 and similar growth featuring a commercial vehicle division, it was decided that this company should create a single operation to focus on the automotive industry. Mitsubishi Motors Corporation (MMC) has been formed on April twenty-two, 1970 as a totally owned subsidiary of MHI under the leadership of Tomio Kubo, a successful engineer from your aircraft division. [citation needed].

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This 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 Clan who first employed him, and because his personal family crest was about three rhombuses stacked atop the other person. The name Mitsubishi is really a compound of mitsu ("three") along with hishi (literally, "water chestnut", often used in Japanese people to denote a diamond or rhombus).

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