Mitsubishi Motors Corporation is usually a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was your sixth biggest Japanese automaker plus the sixteenth biggest worldwide by means of production. From October 2016 onwards, Mitsubishi is majority-owned through Nissan, and thus a section of the Renault-Nissan Alliance.Besides being part in the Renault-Nissan Alliance, it is also an integral part of Mitsubishi keiretsu, formerly the biggest professional group in Japan, through the corporation's community 20% stake in Mitsubishi Motors, and the company was originally formed in 1970 on the automotive division of Mitsubishi Hefty Industries.Mitsubishi Fuso Truck along with Bus Corporation was formerly an element of Mitsubishi Motors, but is now separate from Mitsubishi Motors, which builds commercial grade trucks, buses and heavy building equipment, and is owned through Daimler AG.
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Mitsubishi's automotive origins date to 1917, when the Mitsubishi Shipbuilding Company., Ltd. introduced the Mitsubishi Model A, Japan's first series-production car. An entirely hand-built seven-seater sedan based on the Fiat Tipo 3, it proved expensive when compared to its American and American mass-produced rivals, and was discontinued inside 1921 after only 22 had been built.In 1934, Mitsubishi Shipbuilding was merged with all the Mitsubishi Aircraft Co., a company established within 1920 to manufacture aircraft engines and other parts. The unified company was referred to as Mitsubishi Heavy Industries (MHI), and was the largest private company in The japanese. MHI concentrated on producing aircraft, ships, railroad cars and systems, but in 1937 created the PX33, a prototype sedan for military use. It was the very first Japanese-built passenger car having full-time four-wheel drive, a technology the company would resume almost fifty years later in its hunt for motorsport and sales accomplishment.
Rigtht after the end of your second World War, the company returned in order to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled shipment vehicle called the Mizushima and also a scooter called the Gold Pigeon were also designed. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered being dismantled by the Allied power in 1950, and Mitsubishi Heavy Industries was split 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 begun importing the Henry J, an inexpensive American sedan built by Kaiser Magnetic motors, in knockdown kit (CKD) style in 1951, and continued to bring these phones Japan for the remainder on the car's three-year production manage. The same year, Central Japan Heavy-Industries concluded the same contract with Willys (now 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 on their own had replaced the type.
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By the start 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 great automotive department in it is headquarters in 1953. Now it was wanting to introduce the Mitsubishi 500, a mass market sedan, to meet the fresh demand from consumers. It followed this in 1962 while using Minica kei car and the Colt 1000, the first of its Colt brand of family cars, in 1963. In 1964, Mitsubishi introduced its major passenger sedan, the Mitsubishi Debonair like a luxury car primarily for that Japanese market, and was used by simply senior Mitsubishi executives as a company car.West Japan Heavy-Industries (now renamed Mitsubishi Shipbuilding & Engineering) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) experienced also expanded their automotive departments within the 1950s, and the three had been re-integrated as Mitsubishi Heavy Industries in 1964. Within three years their output was over 75, 000 vehicles annually. Following the successful introduction with 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) ended up being formed on April twenty two, 1970 as a entirely owned subsidiary of MHI under the leadership of Tomio Kubo, a successful engineer in the aircraft division. [citation needed].
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The actual logo of three reddish diamonds, shared with over forty others within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen by simply 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 unique family crest was about three rhombuses stacked atop the other person. The name Mitsubishi is usually a compound of mitsu ("three") and hishi (literally, "water chestnut", often used in Japan to denote a stone or rhombus).
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