Mitsubishi Motors Corporation can be a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the particular sixth biggest Japanese automaker along with the sixteenth biggest worldwide by production. From October 2016 onwards, Mitsubishi is majority-owned simply by Nissan, and thus a section of the Renault-Nissan Alliance.Besides being part of the Renault-Nissan Alliance, it is also a component of Mitsubishi keiretsu, formerly the biggest industrial group in Japan, through the corporation's community 20% stake in Mitsubishi Power generators, and the company was originally formed in 1970 from the automotive division of Mitsubishi Large Industries.Mitsubishi Fuso Truck in addition to Bus Corporation was formerly part of Mitsubishi Motors, but is now distinct from Mitsubishi Motors, which builds commercial level trucks, buses and heavy design equipment, and is owned simply by Daimler AG.
Mitsubishi's automotive origins date to 1917, when the Mitsubishi Shipbuilding Company., Ltd. introduced the Mitsubishi Model A, Japan's first series-production vehicle. An entirely hand-built seven-seater sedan in line with the Fiat Tipo 3, it proved expensive when compared with its American and Western mass-produced rivals, and was discontinued with 1921 after only 22 ended up built.In 1934, Mitsubishi Shipbuilding was merged while using the Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines and other parts. The unified company was referred to as Mitsubishi Heavy Industries (MHI), and was the most significant private company in Okazaki, japan. MHI concentrated on manufacturing aircraft, ships, railroad cars and systems, but in 1937 created the PX33, a prototype sedan for military use. It was the primary Japanese-built passenger car having full-time four-wheel drive, a technology the company would come back to almost fifty years later in its pursuit of motorsport and sales achievements.
Immediately following the end of the other 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 and also a scooter called the Sterling silver Pigeon were also created. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered to be dismantled by the Allied properties in 1950, and Mitsubishi Heavy Industries was split 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 J, an inexpensive American four door built by Kaiser Motors, in knockdown kit (CKD) type in 1951, and continued to bring these to Japan for the remainder in the car's three-year production function. The same year, Central Japan Heavy-Industries concluded much the same contract with Willys (today owned by Kaiser) intended for CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps in production until 1998, thirty years after Willys themselves had replaced the product.
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By the beginning of the 1960s Japan's economic system 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 brand-new demand from consumers. It followed this in 1962 while using Minica kei car and the Colt 1000, the first of its Colt line of family cars, in 1963. In 1964, Mitsubishi introduced its greatest passenger sedan, the Mitsubishi Debonair to be a luxury car primarily to the Japanese market, and was used by means of senior Mitsubishi executives as a company car.West Japan Heavy-Industries (right now renamed Mitsubishi Shipbuilding & Anatomist) and East The japanese 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 Large Industries in 1964. Within three years its output was over 70, 000 vehicles annually. Following the successful introduction of the first Galant in 1969 and similar growth which consists of commercial vehicle division, it was decided that the company should create a single operation to focus on the automotive industry. Mitsubishi Motors Corporation (MMC) ended up being formed on April 25, 1970 as a fully owned subsidiary of MHI within the leadership of Tomio Kubo, a successful engineer through the aircraft division. [citation needed].
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Your logo of three reddish diamonds, shared with over forty other programs within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen through Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive on the emblem of the Tosa Group who first employed your ex, and because his individual family crest was several rhombuses stacked atop one another. The name Mitsubishi is really a compound of mitsu ("three") and hishi (literally, "water chestnut", often used in Western to denote a diamond or rhombus).
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