Mitsubishi Motors Corporation is a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was this sixth biggest Japanese automaker as well as the sixteenth biggest worldwide simply by production. From October 2016 onwards, Mitsubishi is majority-owned through Nissan, and thus a area of the Renault-Nissan Alliance.Besides being part with the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's fraction 20% stake in Mitsubishi Generators, and the company ended up being originally formed in 1970 from the automotive division of Mitsubishi Hefty Industries.Mitsubishi Fuso Truck and also Bus Corporation was formerly an integral part of Mitsubishi Motors, but is now individual from Mitsubishi Motors, which builds commercial rank trucks, buses and heavy design equipment, and is owned by means of Daimler AG.
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Mitsubishi's automotive origins date returning to 1917, when the Mitsubishi Shipbuilding Company., Ltd. introduced the Mitsubishi Design A, Japan's first series-production automobile. An entirely hand-built seven-seater sedan good Fiat Tipo 3, it proved expensive in comparison with its American and Western european mass-produced rivals, and was discontinued throughout 1921 after only 22 was built.In 1934, Mitsubishi Shipbuilding was merged while using the Mitsubishi Aircraft Co., a company established within 1920 to manufacture aircraft engines along with parts. The unified company was known as Mitsubishi Heavy Industries (MHI), and was the biggest private company in Japan. MHI concentrated on manufacturing aircraft, ships, railroad cars and systems, but in 1937 designed the PX33, a prototype sedan pertaining to military use. It was the initial Japanese-built passenger car using full-time four-wheel drive, a technology the company would go back to almost fifty years later in its quest for motorsport and sales good results.
Rigtht after the end of the next World War, the company returned in order to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled freight vehicle called the Mizushima and a scooter called the Silver precious metal Pigeon were also created. However, the zaibatsu (Japan's family-controlled manufacturing conglomerates) were ordered being dismantled by the Allied power 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 begun importing the Henry N, an inexpensive American 4 door built by Kaiser Generators, in knockdown kit (CKD) variety in 1951, and continued to bring these phones Japan for the remainder of the car's three-year production work. The same year, Central Japan Heavy-Industries concluded the same contract with Willys (today owned by Kaiser) pertaining to CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps inside production until 1998, thirty years after Willys on their own had replaced the style.
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By the start of the 1960s Japan's overall economy was gearing up; wages were rising and the thinking behind family motoring was removing. Central Japan Heavy-Industries, now known as Shin Mitsubishi Heavy-Industries, had already re-established the automotive department in it is headquarters in 1953. Now it was prepared to introduce the Mitsubishi 500, a mass market sedan, to meet the brand new demand from consumers. It followed this in 1962 while using the Minica kei car and the Colt 1000, the first of its Colt type of family cars, in 1963. In 1964, Mitsubishi introduced its biggest passenger sedan, the Mitsubishi Debonair like a luxury car primarily to the Japanese market, and was used simply by senior Mitsubishi executives as being a company car.West Japan Heavy-Industries (right now renamed Mitsubishi Shipbuilding & Architectural) and East Japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) received also expanded their automotive departments inside 1950s, and the three were being re-integrated as Mitsubishi Major Industries in 1964. Within three years the output was over 80, 000 vehicles annually. Following the successful introduction with the first Galant in 1969 and similar growth which consists of commercial vehicle division, it was decided that this company should create a single operation to spotlight the automotive industry. Mitsubishi Motors Corporation (MMC) ended up being formed on April 25, 1970 as a completely owned subsidiary of MHI within the leadership of Tomio Kubo, a successful engineer on the aircraft division. [citation needed].
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This logo of three red-colored diamonds, shared with over forty others within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen simply by Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive with the emblem of the Tosa Clan who first employed your ex, and because his unique family crest was about three rhombuses stacked atop each other. The name Mitsubishi is a compound of mitsu ("three") and hishi (literally, "water chestnut", often used in Japoneses to denote a precious stone or rhombus).
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