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Mitsubishi Motors Corporation is usually a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was your sixth biggest Japanese automaker along with the sixteenth biggest worldwide simply by production. From October 2016 onwards, Mitsubishi is majority-owned simply by Nissan, and thus a perhaps the Renault-Nissan Alliance.Besides being part in the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest commercial group in Japan, through the corporation's minority 20% stake in Mitsubishi Magnetic motors, and the company ended up being originally formed in 1970 in the automotive division of Mitsubishi Major Industries.Mitsubishi Fuso Truck and also Bus Corporation was formerly a component of Mitsubishi Motors, but is now separate from Mitsubishi Motors, which builds commercial quality 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 Co., Ltd. introduced the Mitsubishi Model A, Japan's first series-production auto. An entirely hand-built seven-seater sedan in line with the Fiat Tipo 3, it proved expensive in comparison to its American and Eu mass-produced rivals, and was discontinued in 1921 after only 22 ended up built.In 1934, Mitsubishi Shipbuilding was merged while using Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines and other parts. The unified company was called Mitsubishi Heavy Industries (MHI), and was the greatest private company in Okazaki, japan. MHI concentrated on creation aircraft, ships, railroad cars and systems, but in 1937 developed the PX33, a prototype sedan pertaining to military use. It was the initial Japanese-built passenger car together with full-time four-wheel drive, a technology the company would come back to almost fifty years later in its hunt for motorsport and sales achievements.

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Rigtht after the end of the second World War, the company returned to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled shipment vehicle called the Mizushima as well as a scooter called the Gold Pigeon were also created. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered to get dismantled by the Allied powers in 1950, and Mitsubishi Heavy Industries was split up 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 L, an inexpensive American 4 door built by Kaiser Engines, in knockdown kit (CKD) form in 1951, and continued to bring the crooks to Japan for the remainder on the car's three-year production function. The same year, Central Japan Heavy-Industries concluded the same contract with Willys (currently 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 by themselves had replaced the style.

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By the start of the 1960s Japan's economy was gearing up; wages were rising and the thought of family motoring was removing. Central Japan Heavy-Industries, now known as Shin Mitsubishi Heavy-Industries, had already re-established a great automotive department in it's headquarters in 1953. Now it was able to introduce the Mitsubishi 500, a mass market car, to meet the completely new demand from consumers. It followed this in 1962 with all the Minica kei car plus 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 as a luxury car primarily to the Japanese market, and was used simply by senior Mitsubishi executives as a company car.West Japan Heavy-Industries (now renamed Mitsubishi Shipbuilding & Anatomist) and East The japanese Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) had also expanded their automotive departments from the 1950s, and the three ended up re-integrated as Mitsubishi Heavy Industries in 1964. Within three years its output was over seventy five, 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 the company should create a single operation to spotlight the automotive industry. Mitsubishi Motors Corporation (MMC) had been formed on April 25, 1970 as a entirely owned subsidiary of MHI beneath the leadership of Tomio Kubo, a successful engineer in the aircraft division. [citation needed].

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The particular logo of three red diamonds, shared with over forty other individuals within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen by simply Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive from the emblem of the Tosa Kin who first employed your ex, and because his own family crest was a few rhombuses stacked atop each other. The name Mitsubishi is often a compound of mitsu ("three") in addition to hishi (literally, "water chestnut", often used in Japoneses to denote a stone or rhombus).

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