Mitsubishi Motors Corporation can be a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the sixth biggest Japanese automaker and the sixteenth biggest worldwide by means of production. From October 2016 onwards, Mitsubishi is majority-owned by simply Nissan, and thus a section of the Renault-Nissan Alliance.Besides being part of the Renault-Nissan Alliance, it is also an element of Mitsubishi keiretsu, formerly the biggest professional group in Japan, through the corporation's small section 20% stake in Mitsubishi Magnetic motors, and the company was originally formed in 1970 through the automotive division of Mitsubishi Major Industries.Mitsubishi Fuso Truck along with Bus Corporation was formerly an element of Mitsubishi Motors, but is now distinct from Mitsubishi Motors, which builds commercial quality trucks, buses and heavy development equipment, and is owned by simply Daimler AG.
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Mitsubishi's automotive origins date returning to 1917, when the Mitsubishi Shipbuilding Company., Ltd. introduced the Mitsubishi Design A, Japan's first series-production auto. An entirely hand-built seven-seater sedan using the Fiat Tipo 3, it proved expensive in comparison to its American and Eu mass-produced rivals, and was discontinued inside 1921 after only 22 were being built.In 1934, Mitsubishi Shipbuilding was merged with all the Mitsubishi Aircraft Co., a company established with 1920 to manufacture aircraft engines as well as other parts. The unified company was referred to as Mitsubishi Heavy Industries (MHI), and was the largest private company in Japan. MHI concentrated on creation aircraft, ships, railroad cars and machines, but in 1937 designed the PX33, a prototype sedan pertaining to 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.
Rigtht after the end of your second World War, the company returned to help manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled packages vehicle called the Mizushima and a scooter called the Sterling silver Pigeon were also developed. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered to be dismantled by the Allied powers in 1950, and Mitsubishi Heavy Industries was split 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 importing the Henry J, an inexpensive American 4 door built by Kaiser Engines, in knockdown kit (CKD) type in 1951, and continued to bring the crooks to Japan for the remainder in the car's three-year production work. The same year, Central Japan Heavy-Industries concluded a similar contract with Willys (at this point owned by Kaiser) intended for CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps in production until 1998, thirty years after Willys on their own had replaced the product.
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By the beginning of the 1960s Japan's economic climate was gearing up; wages were rising and the idea of family motoring was taking off. Central Japan Heavy-Industries, now known as Tibia Mitsubishi Heavy-Industries, had already re-established a good automotive department in it's headquarters in 1953. Now it was willing to introduce the Mitsubishi 500, a mass market sedan, to meet the completely new demand from consumers. It followed this in 1962 using the Minica kei car and the Colt 1000, the first of its Colt distinct family cars, in 1963. In 1964, Mitsubishi introduced its largest passenger sedan, the Mitsubishi Debonair like a luxury car primarily with the Japanese market, and was used through senior Mitsubishi executives to be a company car.West Japan Heavy-Industries (right now renamed Mitsubishi Shipbuilding & Architectural) and East The japanese Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) had also expanded their automotive departments from the 1950s, and the three had been re-integrated as Mitsubishi Heavy Industries in 1964. Within three years its output was over seventy five, 000 vehicles annually. Following the successful introduction in the first Galant in 1969 and similar growth using its commercial vehicle division, it was decided how the company should create a single operation to focus on the automotive industry. Mitsubishi Motors Corporation (MMC) was formed on April twenty-two, 1970 as a completely owned subsidiary of MHI under the leadership of Tomio Kubo, a successful engineer from your aircraft division. [citation needed].
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The 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 simply Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive from the emblem of the Tosa Family who first employed your pet, and because his own family crest was several rhombuses stacked atop the other. The name Mitsubishi can be a compound of mitsu ("three") in addition to hishi (literally, "water chestnut", often used in Japanese people to denote a gemstone or rhombus).
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