Mitsubishi Motors Corporation can be a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was your sixth biggest Japanese automaker along with the sixteenth biggest worldwide simply by production. From October 2016 onwards, Mitsubishi is majority-owned by Nissan, and thus a area of the Renault-Nissan Alliance.Besides being part with the Renault-Nissan Alliance, it is also part of Mitsubishi keiretsu, formerly the biggest business group in Japan, through the corporation's minority 20% stake in Mitsubishi Generators, and the company seemed to be originally formed in 1970 through the automotive division of Mitsubishi Weighty Industries.Mitsubishi Fuso Truck as well as Bus Corporation was formerly an integral part of Mitsubishi Motors, but is now individual from Mitsubishi Motors, which builds commercial level trucks, buses and heavy design equipment, and is owned simply by Daimler AG.
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Mitsubishi's automotive origins date returning to 1917, when the Mitsubishi Shipbuilding Co., Ltd. introduced the Mitsubishi Style A, Japan's first series-production car or truck. An entirely hand-built seven-seater sedan while using Fiat Tipo 3, it proved expensive compared to its American and Western mass-produced rivals, and was discontinued with 1921 after only 22 had been built.In 1934, Mitsubishi Shipbuilding was merged using the Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines and also 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 equipment, but in 1937 produced the PX33, a prototype sedan pertaining to military use. It was the first Japanese-built passenger car with full-time four-wheel drive, a technology the company would get back to almost fifty years later in its pursuit of motorsport and sales achievement.
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Rigtht after the end of your second World War, the company returned to be able to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled packages vehicle called the Mizushima plus a scooter called the Gold Pigeon were also developed. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered being dismantled by the Allied forces in 1950, and Mitsubishi Heavy Industries was separated 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 T, an inexpensive American 4 door built by Kaiser Motors, in knockdown kit (CKD) type in 1951, and continued to bring these to Japan for the remainder with the car's three-year production work. The same year, Central Japan Heavy-Industries concluded a comparable contract with Willys (right now owned by Kaiser) pertaining to CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps with production until 1998, thirty years after Willys by themselves had replaced the type.
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By the beginning of the 1960s Japan's economic system was gearing up; wages were rising and the idea of family motoring was taking off. Central Japan Heavy-Industries, now known as Tibia Mitsubishi Heavy-Industries, had already re-established a good 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 with all the Minica kei car and also the Colt 1000, the first of its Colt distinct family cars, in 1963. In 1964, Mitsubishi introduced its largest passenger sedan, the Mitsubishi Debonair being a luxury car primarily for your Japanese market, and was used by means of senior Mitsubishi executives to be 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 in the 1950s, and the three ended up re-integrated as Mitsubishi Weighty Industries in 1964. Within three years it's output was over seventy-five, 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 which the company should create a single operation to spotlight the automotive industry. Mitsubishi Motors Corporation (MMC) was formed on April twenty two, 1970 as a completely owned subsidiary of MHI within the leadership of Tomio Kubo, a successful engineer from your aircraft division. [citation needed].
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The particular logo of three reddish diamonds, shared with over forty other programs within the keiretsu, predates Mitsubishi Motors itself by almost a hundred years. It was chosen by simply Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive on the emblem of the Tosa Kin who first employed them, and because his unique family crest was 3 rhombuses stacked atop the other person. The name Mitsubishi is really a compound of mitsu ("three") and also hishi (literally, "water chestnut", often used in Japoneses to denote a diamond or rhombus).
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