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 plus the sixteenth biggest worldwide by simply production. From October 2016 onwards, Mitsubishi is majority-owned by Nissan, and thus a section of the Renault-Nissan Alliance.Besides being part with the Renault-Nissan Alliance, it is also an integral part of Mitsubishi keiretsu, formerly the biggest professional group in Japan, through the corporation's minority 20% stake in Mitsubishi Power generators, and the company ended up being originally formed in 1970 on the automotive division of Mitsubishi Major Industries.Mitsubishi Fuso Truck in addition to Bus Corporation was formerly a component of Mitsubishi Motors, but is now individual from Mitsubishi Motors, which builds commercial level trucks, buses and heavy development equipment, and is owned through 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 Design A, Japan's first series-production automobile. An entirely hand-built seven-seater sedan using the Fiat Tipo 3, it proved expensive when compared with its American and European mass-produced rivals, and was discontinued with 1921 after only 22 was built.In 1934, Mitsubishi Shipbuilding was merged with all the Mitsubishi Aircraft Co., a company established inside 1920 to manufacture aircraft engines as well as other parts. The unified company was known as Mitsubishi Heavy Industries (MHI), and was the greatest private company in Japan. MHI concentrated on making 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 along with full-time four-wheel drive, a technology the company would get back to almost fifty years later in its hunt for motorsport and sales accomplishment.
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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 products vehicle called the Mizushima along with a scooter called the Sterling silver Pigeon were also designed. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered for being dismantled by the Allied forces in 1950, and Mitsubishi Heavy Industries was put into three regional companies, each with an involvement in car development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries began importing the Henry J, an inexpensive American 4 door built by Kaiser Engines, in knockdown kit (CKD) kind in 1951, and continued to bring the crooks to Japan for the remainder from the car's three-year production work. The same year, Central Japan Heavy-Industries concluded an identical contract with Willys (right now owned by Kaiser) pertaining to CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps within production until 1998, thirty years after Willys independently had replaced the style.
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By the start of the 1960s Japan's overall economy was gearing up; wages were rising and the thinking behind family motoring was removing. Central Japan Heavy-Industries, now known as Leg Mitsubishi Heavy-Industries, had already re-established a automotive department in it is headquarters in 1953. Now it was ready to introduce the Mitsubishi 500, a mass market 4 door, to meet the fresh demand from consumers. It followed this in 1962 using the Minica kei car and the Colt 1000, the first of its Colt type of family cars, in 1963. In 1964, Mitsubishi introduced its biggest passenger sedan, the Mitsubishi Debonair like a luxury car primarily for the Japanese market, and was used simply by senior Mitsubishi executives as a company car.West Japan Heavy-Industries (today renamed Mitsubishi Shipbuilding & Architectural) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) received also expanded their automotive departments in the 1950s, and the three were re-integrated as Mitsubishi Heavy 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 with its commercial vehicle division, it was decided which the company should create a single operation to spotlight the automotive industry. Mitsubishi Motors Corporation (MMC) had been formed on April 25, 1970 as a completely owned subsidiary of MHI beneath leadership of Tomio Kubo, a successful engineer on the aircraft division. [citation needed].
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Your logo of three red-colored diamonds, shared with over forty other programs within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen simply by Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive with the emblem of the Tosa Family who first employed them, and because his individual family crest was 3 rhombuses stacked atop one another. The name Mitsubishi can be a compound of mitsu ("three") and also hishi (literally, "water chestnut", often used in Japanese people to denote a stone or rhombus).
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