Mitsubishi Colt CZ1 1.1 for sale in Cambridgeshire £2,300

Mitsubishi Motors Corporation can be 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 on the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest commercial group in Japan, through the corporation's group 20% stake in Mitsubishi Power generators, and the company has been originally formed in 1970 on the automotive division of Mitsubishi Major Industries.Mitsubishi Fuso Truck along with Bus Corporation was formerly part of Mitsubishi Motors, but is now different from Mitsubishi Motors, which builds commercial grade trucks, buses and heavy design equipment, and is owned through Daimler AG.

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Mitsubishi's automotive origins date back to 1917, when the Mitsubishi Shipbuilding Company., Ltd. introduced the Mitsubishi Model A, Japan's first series-production vehicle. An entirely hand-built seven-seater sedan while using Fiat Tipo 3, it proved expensive when compared to its American and Eu mass-produced rivals, and was discontinued with 1921 after only 22 were being built.In 1934, Mitsubishi Shipbuilding was merged using the Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines as well as other parts. The unified company was called Mitsubishi Heavy Industries (MHI), and was the biggest private company in Okazaki, japan. MHI concentrated on producing aircraft, ships, railroad cars and devices, but in 1937 formulated the PX33, a prototype sedan with regard to military use. It was the primary 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 search for motorsport and sales achievement.

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Immediately following the end of the 2nd World War, the company returned in order to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled products vehicle called the Mizushima and also a scooter called the Silver Pigeon were also developed. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered being dismantled by the Allied properties in 1950, and Mitsubishi Heavy Industries was put into three regional companies, each with an involvement in car development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries commenced importing the Henry J, an inexpensive American car built by Kaiser Magnetic motors, in knockdown kit (CKD) style in 1951, and continued to bring them to Japan for the remainder of the car's three-year production operate. The same year, Central Japan Heavy-Industries concluded a similar contract with Willys (now owned by Kaiser) pertaining to CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps within production until 1998, thirty years after Willys them selves had replaced the design.

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By the beginning of the 1960s Japan's financial system was gearing up; wages were rising and the concept of family motoring was taking off. Central Japan Heavy-Industries, now known as Tibia Mitsubishi Heavy-Industries, had already re-established a good automotive department in their headquarters in 1953. Now it was ready to introduce the Mitsubishi 500, a mass market 4 door, to meet the new demand from consumers. It followed this in 1962 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 major passenger sedan, the Mitsubishi Debonair like a luxury car primarily for the Japanese market, and was used simply by senior Mitsubishi executives being a company car.West Japan Heavy-Industries (today renamed Mitsubishi Shipbuilding & Engineering) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) received also expanded their automotive departments from the 1950s, and the three had been re-integrated as Mitsubishi Weighty Industries in 1964. Within three years its output was over seventy five, 000 vehicles annually. Following the successful introduction of the first Galant in 1969 and similar growth having its commercial vehicle division, it was decided which the company should create a single operation to spotlight the automotive industry. Mitsubishi Motors Corporation (MMC) had been formed on April twenty two, 1970 as a fully owned subsidiary of MHI under the leadership of Tomio Kubo, a successful engineer from your aircraft division. [citation needed].

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The actual logo of three reddish diamonds, shared with over forty other programs within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen by simply Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive of the emblem of the Tosa Group who first employed him or her, and because his very own family crest was a few rhombuses stacked atop one another. The name Mitsubishi is usually 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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