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Mitsubishi Motors Corporation is often 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 through production. From October 2016 onwards, Mitsubishi is majority-owned simply by Nissan, and thus a the main Renault-Nissan Alliance.Besides being part from the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest industrial group in Japan, through the corporation's minority 20% stake in Mitsubishi Magnetic motors, and the company has been originally formed in 1970 from your automotive division of Mitsubishi Hefty Industries.Mitsubishi Fuso Truck and also Bus Corporation was formerly part of Mitsubishi Motors, but is now separate from Mitsubishi Motors, which builds commercial grade trucks, buses and heavy building equipment, and is owned by simply Daimler AG.

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Mitsubishi's automotive origins date back to 1917, when the Mitsubishi Shipbuilding Company., Ltd. introduced the Mitsubishi Style 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 European mass-produced rivals, and was discontinued with 1921 after only 22 were being built.In 1934, Mitsubishi Shipbuilding was merged while using the Mitsubishi Aircraft Co., a company established with 1920 to manufacture aircraft engines along with other parts. The unified company was known as Mitsubishi Heavy Industries (MHI), and was the most significant private company in Japan. MHI concentrated on making aircraft, ships, railroad cars and equipment, but in 1937 developed the PX33, a prototype sedan intended for military use. It was the primary 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 quest for motorsport and sales success.

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Immediately following the end of the 2nd World War, the company returned to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled packages vehicle called the Mizushima and also a scooter called the Gold Pigeon were also created. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered being dismantled by the Allied powers in 1950, and Mitsubishi Heavy Industries was put into three regional companies, each with an involvement in motor vehicle development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries started out importing the Henry M, an inexpensive American car built by Kaiser Engines, in knockdown kit (CKD) type in 1951, and continued to bring them to Japan for the remainder of the car's three-year production work. The same year, Central Japan Heavy-Industries concluded an identical contract with Willys (now owned by Kaiser) intended for CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps with production until 1998, thirty years after Willys by themselves 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 the thinking behind family motoring was removing. Central Japan Heavy-Industries, now known as Tibia Mitsubishi Heavy-Industries, had already re-established a great automotive department in their 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 with the Minica kei car as well as 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 to be a luxury car primarily for that Japanese market, and was used by simply senior Mitsubishi executives as being a company car.West Japan Heavy-Industries (now renamed Mitsubishi Shipbuilding & Anatomist) and East The japanese Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) experienced also expanded their automotive departments inside 1950s, and the three ended up re-integrated as Mitsubishi Major Industries in 1964. Within three years its output was over 75, 000 vehicles annually. Following the successful introduction of the first Galant in 1969 and similar growth which consists of commercial vehicle division, it was decided that the company should create a single operation to pay attention to the automotive industry. Mitsubishi Motors Corporation (MMC) has been formed on April 25, 1970 as a fully owned subsidiary of MHI beneath the leadership of Tomio Kubo, a successful engineer from the aircraft division. [citation needed].

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The logo of three crimson diamonds, shared with over forty other programs within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen by Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive from the emblem of the Tosa Family who first employed him, and because his unique family crest was three rhombuses stacked atop each other. The name Mitsubishi can be a compound of mitsu ("three") as well as hishi (literally, "water chestnut", often used in Western to denote a gemstone or rhombus).

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