Mitsubishi Motors Corporation is usually a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the actual sixth biggest Japanese automaker plus the sixteenth biggest worldwide simply by production. From October 2016 onwards, Mitsubishi is majority-owned by Nissan, and thus a part of the Renault-Nissan Alliance.Besides being part on the Renault-Nissan Alliance, it is also an element of Mitsubishi keiretsu, formerly the biggest business group in Japan, through the corporation's minority 20% stake in Mitsubishi Generators, and the company had been originally formed in 1970 from the automotive division of Mitsubishi Heavy Industries.Mitsubishi Fuso Truck in addition to Bus Corporation was formerly a part of Mitsubishi Motors, but is now independent from Mitsubishi Motors, which builds commercial rank trucks, buses and heavy building equipment, and is owned simply by Daimler AG.
Description Mitsubishi Colt CZC front.JPG
Mitsubishi's automotive origins date 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 when compared to its American and American mass-produced rivals, and was discontinued within 1921 after only 22 have been built.In 1934, Mitsubishi Shipbuilding was merged while using the Mitsubishi Aircraft Co., a company established throughout 1920 to manufacture aircraft engines and other parts. The unified company was referred to as Mitsubishi Heavy Industries (MHI), and was the biggest private company in Okazaki, japan. MHI concentrated on manufacturing aircraft, ships, railroad cars and machines, but in 1937 developed the PX33, a prototype sedan with regard to military use. It was the very first Japanese-built passenger car using full-time four-wheel drive, a technology the company would come back to almost fifty years later in its pursuit of motorsport and sales accomplishment.
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Immediately following the end of the other World War, the company returned to be able to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled packages vehicle called the Mizushima and a scooter called the Metallic Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled manufacturing conglomerates) were ordered to get dismantled by the Allied properties in 1950, and Mitsubishi Heavy Industries was split up 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 began importing the Henry T, an inexpensive American sedan built by Kaiser Engines, in knockdown kit (CKD) style in 1951, and continued to bring these phones Japan for the remainder with the car's three-year production function. The same year, Central Japan Heavy-Industries concluded the same contract with Willys (currently owned by Kaiser) intended for CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps with production until 1998, thirty years after Willys on their own had replaced the style.
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By the start of the 1960s Japan's overall economy 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 it is headquarters in 1953. Now it was willing to introduce the Mitsubishi 500, a mass market car, to meet the fresh demand from consumers. It followed this in 1962 with the Minica kei car and also the Colt 1000, the first of its Colt distinct family cars, in 1963. In 1964, Mitsubishi introduced its biggest passenger sedan, the Mitsubishi Debonair being a luxury car primarily for the Japanese market, and was used simply by senior Mitsubishi executives as being a company car.West Japan Heavy-Industries (right now renamed Mitsubishi Shipbuilding & Anatomist) and East Japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) acquired also expanded their automotive departments inside the 1950s, and the three ended up re-integrated as Mitsubishi Weighty Industries in 1964. Within three years the output was over 80, 000 vehicles annually. Following the successful introduction of the first Galant in 1969 and similar growth featuring a 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 23, 1970 as a completely owned subsidiary of MHI under the leadership of Tomio Kubo, a successful engineer from your aircraft division. [citation needed].
The actual logo of three reddish diamonds, shared with over forty other companies within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen by means of Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive in the emblem of the Tosa Group who first employed them, and because his very own family crest was several rhombuses stacked atop one another. The name Mitsubishi is a compound of mitsu ("three") as well as hishi (literally, "water chestnut", often used in Japanese to denote a diamonds or rhombus).
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