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Mitsubishi Motors Corporation can be a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was your sixth biggest Japanese automaker and also the sixteenth biggest worldwide by production. From October 2016 onwards, Mitsubishi is majority-owned simply by Nissan, and thus a the main Renault-Nissan Alliance.Besides being part on the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest business group in Japan, through the corporation's group 20% stake in Mitsubishi Engines, and the company ended up being originally formed in 1970 from your automotive division of Mitsubishi Large Industries.Mitsubishi Fuso Truck and Bus Corporation was formerly a part of Mitsubishi Motors, but is now separate from Mitsubishi Motors, which builds commercial level trucks, buses and heavy development equipment, and is owned through Daimler AG.

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Mitsubishi's automotive origins date back to 1917, when the Mitsubishi Shipbuilding Corp., Ltd. introduced the Mitsubishi Type A, Japan's first series-production car or truck. An entirely hand-built seven-seater sedan good Fiat Tipo 3, it proved expensive compared to its American and Eu mass-produced rivals, and was discontinued with 1921 after only 22 were being built.In 1934, Mitsubishi Shipbuilding was merged while using Mitsubishi Aircraft Co., a company established throughout 1920 to manufacture aircraft engines along with other parts. The unified company was known as Mitsubishi Heavy Industries (MHI), and was the biggest private company in Asia. MHI concentrated on production aircraft, ships, railroad cars and devices, but in 1937 created the PX33, a prototype sedan regarding military use. It was the 1st Japanese-built passenger car along with full-time four-wheel drive, a technology the company would return to almost fifty years later in its quest for motorsport and sales good results.

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Immediately following the end of the 2nd World War, the company returned for you to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled shipment vehicle called the Mizushima along with a scooter called the Sterling silver Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled business conglomerates) were ordered to be dismantled by the Allied capabilities in 1950, and Mitsubishi Heavy Industries was put into three regional companies, each with an involvement in automobile 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 sedan built by Kaiser Generators, in knockdown kit (CKD) kind in 1951, and continued to bring these phones Japan for the remainder in the car's three-year production function. The same year, Central Japan Heavy-Industries concluded a comparable contract with Willys (currently owned by Kaiser) intended for CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps within production until 1998, thirty years after Willys on their own had replaced the design.

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By the beginning of the 1960s Japan's economy was gearing up; wages were rising and the thought of family motoring was taking off. Central Japan Heavy-Industries, now known as Shin Mitsubishi Heavy-Industries, had already re-established a automotive department in their headquarters in 1953. Now it was able to introduce the Mitsubishi 500, a mass market sedan, to meet the fresh demand from consumers. It followed this in 1962 while using the Minica kei car and also the Colt 1000, the first of its Colt distinct family cars, in 1963. In 1964, Mitsubishi introduced its greatest passenger sedan, the Mitsubishi Debonair to be a luxury car primarily with the Japanese market, and was used by simply senior Mitsubishi executives like a company car.West Japan Heavy-Industries (at this point renamed Mitsubishi Shipbuilding & Design) and East Japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) acquired also expanded their automotive departments within the 1950s, and the three had been re-integrated as Mitsubishi Weighty Industries in 1964. Within three years the output was over 70, 000 vehicles annually. Following the successful introduction of the first Galant in 1969 and similar growth using its commercial vehicle division, it was decided that this company should create a single operation to spotlight the automotive industry. Mitsubishi Motors Corporation (MMC) was formed on April twenty two, 1970 as a fully owned subsidiary of MHI beneath the leadership of Tomio Kubo, a successful engineer on the aircraft division. [citation needed].

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The actual logo of three reddish colored 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 with the emblem of the Tosa Clan who first employed them, and because his unique 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 Western to denote a diamonds or rhombus).

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