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Mitsubishi Motors Corporation is a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the particular sixth biggest Japanese automaker plus the sixteenth biggest worldwide by means of production. From October 2016 onwards, Mitsubishi is majority-owned simply by Nissan, and thus a area of the Renault-Nissan Alliance.Besides being part with the Renault-Nissan Alliance, it is also a component of Mitsubishi keiretsu, formerly the biggest business group in Japan, through the corporation's fraction 20% stake in Mitsubishi Motors, and the company has been originally formed in 1970 through the automotive division of Mitsubishi Hefty Industries.Mitsubishi Fuso Truck as well as Bus Corporation was formerly a part of Mitsubishi Motors, but is now separate from Mitsubishi Motors, which builds commercial class trucks, buses and heavy design equipment, and is owned by means of Daimler AG.

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Mitsubishi's automotive origins date returning to 1917, when the Mitsubishi Shipbuilding Company., Ltd. introduced the Mitsubishi Product A, Japan's first series-production automobile. 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 in 1921 after only 22 have been built.In 1934, Mitsubishi Shipbuilding was merged using the Mitsubishi Aircraft Co., a company established with 1920 to manufacture aircraft engines and other parts. The unified company was known as Mitsubishi Heavy Industries (MHI), and was the largest private company in Okazaki, japan. MHI concentrated on producing aircraft, ships, railroad cars and machines, but in 1937 produced the PX33, a prototype sedan for military use. It was the initial Japanese-built passenger car having full-time four-wheel drive, a technology the company would go back to almost fifty years later in its search for motorsport and sales accomplishment.

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Immediately following the end of the 2nd World War, the company returned to help manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled products vehicle called the Mizushima and a scooter called the Sterling silver Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled industrial conglomerates) were ordered for being dismantled by the Allied properties in 1950, and Mitsubishi Heavy Industries was split up 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 started out importing the Henry M, an inexpensive American 4 door built by Kaiser Magnetic motors, in knockdown kit (CKD) type in 1951, and continued to bring the crooks to Japan for the remainder with the car's three-year production run. The same year, Central Japan Heavy-Industries concluded a comparable contract with Willys (today owned by Kaiser) intended for CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps throughout production until 1998, thirty years after Willys independently had replaced the product.

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By the start of the 1960s Japan's economic system was gearing up; wages were rising and the idea of family motoring was removing. Central Japan Heavy-Industries, now known as Shin Mitsubishi Heavy-Industries, had already re-established the automotive department in its 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 Minica kei car along with the Colt 1000, the first of its Colt line of family cars, in 1963. In 1964, Mitsubishi introduced its biggest passenger sedan, the Mitsubishi Debonair as a luxury car primarily with the Japanese market, and was used simply by senior Mitsubishi executives as being a company car.West Japan Heavy-Industries (currently renamed Mitsubishi Shipbuilding & Design) and East Japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) received also expanded their automotive departments within the 1950s, and the three were being re-integrated as Mitsubishi Weighty Industries in 1964. Within three years their output was over 75, 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) ended up being formed on April 23, 1970 as a entirely owned subsidiary of MHI within the leadership of Tomio Kubo, a successful engineer from your aircraft division. [citation needed].

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The logo of three reddish diamonds, shared with over forty others within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen by 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 individual family crest was 3 rhombuses stacked atop one another. The name Mitsubishi can be a compound of mitsu ("three") in addition to hishi (literally, "water chestnut", often used in Japoneses to denote a gemstone or rhombus).

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