Mitsubishi Motors Corporation is really a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the particular sixth biggest Japanese automaker and the sixteenth biggest worldwide simply by production. From October 2016 onwards, Mitsubishi is majority-owned by Nissan, and thus a the main Renault-Nissan Alliance.Besides being part of the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest professional group in Japan, through the corporation's minority 20% stake in Mitsubishi Generators, and the company ended up being originally formed in 1970 on the automotive division of Mitsubishi Large Industries.Mitsubishi Fuso Truck and Bus Corporation was formerly an integral part of Mitsubishi Motors, but is now distinct from Mitsubishi Motors, which builds commercial level trucks, buses and heavy design equipment, and is owned by Daimler AG.
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Mitsubishi's automotive origins date here we are at 1917, when the Mitsubishi Shipbuilding Company., Ltd. introduced the Mitsubishi Style 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 Western european mass-produced rivals, and was discontinued with 1921 after only 22 were being 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 generally known as Mitsubishi Heavy Industries (MHI), and was the major private company in Okazaki, japan. MHI concentrated on production aircraft, ships, railroad cars and machinery, but in 1937 designed the PX33, a prototype sedan pertaining to military use. It was the very first Japanese-built passenger car along with full-time four-wheel drive, a technology the company would return to almost fifty years later in its pursuit of motorsport and sales achievement.
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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 cargo vehicle called the Mizushima as well as a scooter called the Metallic Pigeon were also designed. However, the zaibatsu (Japan's family-controlled manufacturing conglomerates) were ordered to become dismantled by the Allied power in 1950, and Mitsubishi Heavy Industries was put into three regional companies, each with an involvement in motorized vehicle development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries started out importing the Henry T, an inexpensive American sedan built by Kaiser Motors, in knockdown kit (CKD) style in 1951, and continued to bring those to Japan for the remainder of the car's three-year production run. The same year, Central Japan Heavy-Industries concluded a similar contract with Willys (currently owned by Kaiser) for CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps within 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 economic climate was gearing up; wages were rising and the thinking behind family motoring was taking off. Central Japan Heavy-Industries, now known as Leg Mitsubishi Heavy-Industries, had already re-established an automotive department in the headquarters in 1953. Now it was wanting to introduce the Mitsubishi 500, a mass market four door, to meet the fresh demand from consumers. It followed this in 1962 with all the Minica kei car along with the Colt 1000, the first of its Colt line of family cars, in 1963. In 1964, Mitsubishi introduced its largest passenger sedan, the Mitsubishi Debonair as a luxury car primarily with the Japanese market, and was used by means of senior Mitsubishi executives as being a company car.West Japan Heavy-Industries (currently renamed Mitsubishi Shipbuilding & Anatomist) and East Okazaki, japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) experienced also expanded their automotive departments inside the 1950s, and the three were being re-integrated as Mitsubishi Hefty Industries in 1964. Within three years the output was over 80, 000 vehicles annually. Following the successful introduction with the first Galant in 1969 and similar growth having its commercial vehicle division, it was decided the company should create a single operation to focus on the automotive industry. Mitsubishi Motors Corporation (MMC) seemed to be formed on April 23, 1970 as a totally owned subsidiary of MHI beneath leadership of Tomio Kubo, a successful engineer from the aircraft division. [citation needed].
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Your logo of three red diamonds, shared with over forty others within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen through Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive on the emblem of the Tosa Family who first employed him or her, and because his unique family crest was a few rhombuses stacked atop one another. The name Mitsubishi is often a compound of mitsu ("three") as well as hishi (literally, "water chestnut", often used in Japoneses to denote a stone or rhombus).
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