Mitsubishi Motors Corporation is really a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was your sixth biggest Japanese automaker along with the sixteenth biggest worldwide by simply production. From October 2016 onwards, Mitsubishi is majority-owned through Nissan, and thus a part of the Renault-Nissan Alliance.Besides being part with the Renault-Nissan Alliance, it is also a component of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's group 20% stake in Mitsubishi Power generators, and the company was originally formed in 1970 through the automotive division of Mitsubishi Major Industries.Mitsubishi Fuso Truck and Bus Corporation was formerly an element of Mitsubishi Motors, but is now different from Mitsubishi Motors, which builds commercial quality trucks, buses and heavy construction equipment, and is owned by simply Daimler AG.
Mitsubishi's automotive origins date to 1917, when the Mitsubishi Shipbuilding Co., Ltd. introduced the Mitsubishi Type A, Japan's first series-production vehicle. An entirely hand-built seven-seater sedan using the Fiat Tipo 3, it proved expensive in comparison with its American and Western european mass-produced rivals, and was discontinued with 1921 after only 22 have been built.In 1934, Mitsubishi Shipbuilding was merged while using Mitsubishi Aircraft Co., a company established within 1920 to manufacture aircraft engines and also other parts. The unified company was called Mitsubishi Heavy Industries (MHI), and was the major private company in Asia. MHI concentrated on producing aircraft, ships, railroad cars and devices, but in 1937 designed the PX33, a prototype sedan with regard to military use. It was the 1st Japanese-built passenger car together with full-time four-wheel drive, a technology the company would resume almost fifty years later in its quest for motorsport and sales good results.
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Rigtht after the end of the other World War, the company returned in order to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled cargo vehicle called the Mizushima along with a scooter called the Silver Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled industrial conglomerates) were ordered being dismantled by the Allied capabilities in 1950, and Mitsubishi Heavy Industries was split into three regional companies, each with an involvement in auto development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries started out importing the Henry J, an inexpensive American 4 door built by Kaiser Engines, in knockdown kit (CKD) type in 1951, and continued to bring these to Japan for the remainder on the car's three-year production run. The same year, Central Japan Heavy-Industries concluded an identical contract with Willys (today owned by Kaiser) intended for CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps throughout production until 1998, thirty years after Willys them selves had replaced the design.
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By the start of the 1960s Japan's economic system was gearing up; wages were rising and thinking about family motoring was removing. Central Japan Heavy-Industries, now known as Shin Mitsubishi Heavy-Industries, had already re-established a automotive department in it is headquarters in 1953. Now it was ready to introduce the Mitsubishi 500, a mass market car, to meet the fresh demand from consumers. It followed this in 1962 using the Minica kei car along with the Colt 1000, the first of its Colt distinctive line of family cars, in 1963. In 1964, Mitsubishi introduced its greatest passenger sedan, the Mitsubishi Debonair like a luxury car primarily to the Japanese market, and was used by senior Mitsubishi executives to be a company car.West Japan Heavy-Industries (currently renamed Mitsubishi Shipbuilding & Engineering) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) got also expanded their automotive departments from the 1950s, and the three have been re-integrated as Mitsubishi Weighty Industries in 1964. Within three years it's output was over 75, 000 vehicles annually. Following the successful introduction with the first Galant in 1969 and similar growth using its commercial vehicle division, it was decided the company should create a single operation to focus on the automotive industry. Mitsubishi Motors Corporation (MMC) had been formed on April 22, 1970 as a wholly owned subsidiary of MHI beneath leadership of Tomio Kubo, a successful engineer in the aircraft division. [citation needed].
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This logo of three crimson diamonds, shared with over forty others within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen by Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive with the emblem of the Tosa Tribe who first employed your pet, and because his individual family crest was a few rhombuses stacked atop 1 another. The name Mitsubishi can be a compound of mitsu ("three") in addition to hishi (literally, "water chestnut", often used in Japanese people to denote a diamond or rhombus).
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