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Mitsubishi Motors Corporation can be a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the actual sixth biggest Japanese automaker and also the sixteenth biggest worldwide through production. From October 2016 onwards, Mitsubishi is majority-owned by Nissan, and thus a section of the Renault-Nissan Alliance.Besides being part in the Renault-Nissan Alliance, it is also part of Mitsubishi keiretsu, formerly the biggest business group in Japan, through the corporation's community 20% stake in Mitsubishi Engines, and the company seemed to be originally formed in 1970 in the automotive division of Mitsubishi Major Industries.Mitsubishi Fuso Truck along with Bus Corporation was formerly an integral part of Mitsubishi Motors, but is now individual from Mitsubishi Motors, which builds commercial grade trucks, buses and heavy construction equipment, and is owned by simply Daimler AG.

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Mitsubishi's automotive origins date back to 1917, when the Mitsubishi Shipbuilding Corp., Ltd. introduced the Mitsubishi Model A, Japan's first series-production auto. 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 inside 1921 after only 22 had been 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 often known as Mitsubishi Heavy Industries (MHI), and was the biggest private company in Asia. MHI concentrated on production aircraft, ships, railroad cars and equipment, but in 1937 designed the PX33, a prototype sedan for military use. It was the primary Japanese-built passenger car together with full-time four-wheel drive, a technology the company would go back to almost fifty years later in its pursuit of motorsport and sales achievement.

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Immediately following the end of the 2nd World War, the company returned to be able to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled shipment vehicle called the Mizushima as well as a scooter called the Silver precious metal Pigeon were also developed. However, the zaibatsu (Japan's family-controlled manufacturing conglomerates) were ordered being dismantled by the Allied capabilities in 1950, and Mitsubishi Heavy Industries was put 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 commenced importing the Henry N, an inexpensive American 4 door built by Kaiser Motors, in knockdown kit (CKD) kind in 1951, and continued to bring these to Japan for the remainder from the car's three-year production function. The same year, Central Japan Heavy-Industries concluded a similar contract with Willys (currently owned by Kaiser) intended for CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps throughout production until 1998, thirty years after Willys by themselves had replaced the design.

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By the beginning of the 1960s Japan's economy was gearing up; wages were rising and thinking about family motoring was taking off. Central Japan Heavy-Industries, now known as Leg Mitsubishi Heavy-Industries, had already re-established a great automotive department in it is headquarters in 1953. Now it was ready to introduce the Mitsubishi 500, a mass market sedan, to meet the new demand from consumers. It followed this in 1962 with 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 biggest passenger sedan, the Mitsubishi Debonair as a luxury car primarily with the Japanese market, and was used by senior Mitsubishi executives like a company car.West Japan Heavy-Industries (right now renamed Mitsubishi Shipbuilding & Design) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) acquired also expanded their automotive departments from the 1950s, and the three were being re-integrated as Mitsubishi Major Industries in 1964. Within three years it's output was over 70, 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 which the company should create a single operation to spotlight the automotive industry. Mitsubishi Motors Corporation (MMC) has been formed on April 25, 1970 as a entirely owned subsidiary of MHI beneath leadership of Tomio Kubo, a successful engineer from your aircraft division. [citation needed].

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This 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 means of Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive in the emblem of the Tosa Clan who first employed them, and because his very own family crest was several rhombuses stacked atop one another. The name Mitsubishi is usually a compound of mitsu ("three") and also hishi (literally, "water chestnut", often used in Japoneses to denote a diamond or rhombus).

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