Mitsubishi Motors Corporation is often a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was your sixth biggest Japanese automaker as well as the sixteenth biggest worldwide through production. From October 2016 onwards, Mitsubishi is majority-owned by means of Nissan, and thus a area of the Renault-Nissan Alliance.Besides being part of the Renault-Nissan Alliance, it is also part of Mitsubishi keiretsu, formerly the biggest commercial group in Japan, through the corporation's group 20% stake in Mitsubishi Generators, and the company has been originally formed in 1970 in the automotive division of Mitsubishi Major Industries.Mitsubishi Fuso Truck and Bus Corporation was formerly an integral part of Mitsubishi Motors, but is now different from Mitsubishi Motors, which builds commercial rank trucks, buses and heavy structure equipment, and is owned simply by Daimler AG.
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Mitsubishi's automotive origins date here we are at 1917, when the Mitsubishi Shipbuilding Co., Ltd. introduced the Mitsubishi Style A, Japan's first series-production vehicle. An entirely hand-built seven-seater sedan while using Fiat Tipo 3, it proved expensive in comparison to its American and Western european mass-produced rivals, and was discontinued throughout 1921 after only 22 had been built.In 1934, Mitsubishi Shipbuilding was merged while using Mitsubishi Aircraft Co., a company established with 1920 to manufacture aircraft engines as well as other parts. The unified company was known as Mitsubishi Heavy Industries (MHI), and was the most significant private company in Japan. MHI concentrated on producing aircraft, ships, railroad cars and machines, but in 1937 formulated the PX33, a prototype sedan for military use. It was the very first Japanese-built passenger car with full-time four-wheel drive, a technology the company would resume almost fifty years later in its hunt for motorsport and sales achievement.
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Immediately following the end of the next World War, the company returned in order to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled cargo vehicle called the Mizushima as well as a scooter called the Silver Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled manufacturing conglomerates) were ordered being dismantled by the Allied properties in 1950, and Mitsubishi Heavy Industries was separated 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 began importing the Henry M, an inexpensive American sedan built by Kaiser Generators, in knockdown kit (CKD) kind in 1951, and continued to bring them to Japan for the remainder on the car's three-year production work. The same year, Central Japan Heavy-Industries concluded a similar contract with Willys (currently owned by Kaiser) with regard to CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps in production until 1998, thirty years after Willys independently had replaced the style.
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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 taking off. Central Japan Heavy-Industries, now known as Tibia Mitsubishi Heavy-Industries, had already re-established a great automotive department in the 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 line of family cars, in 1963. In 1964, Mitsubishi introduced its major passenger sedan, the Mitsubishi Debonair being a luxury car primarily with the Japanese market, and was used simply by senior Mitsubishi executives like a company car.West Japan Heavy-Industries (right now renamed Mitsubishi Shipbuilding & Anatomist) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) had also expanded their automotive departments within the 1950s, and the three were re-integrated as Mitsubishi Hefty Industries in 1964. Within three years it is output was over seventy five, 000 vehicles annually. Following the successful introduction from 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 focus on the automotive industry. Mitsubishi Motors Corporation (MMC) has been formed on April twenty two, 1970 as a completely owned subsidiary of MHI under the leadership of Tomio Kubo, a successful engineer on the aircraft division. [citation needed].
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This logo of three crimson diamonds, shared with over forty other companies within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen through Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive with the emblem of the Tosa Kin who first employed your ex, and because his unique family crest was 3 rhombuses stacked atop 1 another. The name Mitsubishi is a compound of mitsu ("three") and hishi (literally, "water chestnut", often used in Japanese people to denote a precious stone or rhombus).
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