Mitsubishi Motors Corporation is usually a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the particular sixth biggest Japanese automaker plus the sixteenth biggest worldwide through production. From October 2016 onwards, Mitsubishi is majority-owned by Nissan, and thus a part of the Renault-Nissan Alliance.Besides being part of the Renault-Nissan Alliance, it is also part of Mitsubishi keiretsu, formerly the biggest commercial group in Japan, through the corporation's fraction 20% stake in Mitsubishi Generators, and the company ended up being originally formed in 1970 through the automotive division of Mitsubishi Hefty Industries.Mitsubishi Fuso Truck and Bus Corporation was formerly an integral part of Mitsubishi Motors, but is now separate from Mitsubishi Motors, which builds commercial quality trucks, buses and heavy construction equipment, and is owned by simply Daimler AG.
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Mitsubishi's automotive origins date to 1917, when the Mitsubishi Shipbuilding Company., Ltd. introduced the Mitsubishi Design A, Japan's first series-production vehicle. An entirely hand-built seven-seater sedan using the Fiat Tipo 3, it proved expensive when compared with its American and American mass-produced rivals, and was discontinued with 1921 after only 22 had been built.In 1934, Mitsubishi Shipbuilding was merged while using the Mitsubishi Aircraft Co., a company established inside 1920 to manufacture aircraft engines as well as other parts. The unified company was referred to as Mitsubishi Heavy Industries (MHI), and was the most significant private company in Okazaki, japan. MHI concentrated on creation aircraft, ships, railroad cars and devices, but in 1937 produced the PX33, a prototype sedan with regard to military use. It was the initial Japanese-built passenger car along with full-time four-wheel drive, a technology the company would go back to almost fifty years later in its quest for motorsport and sales achievement.
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Rigtht after the end of the next World War, the company returned in order to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled cargo vehicle called the Mizushima and also a scooter called the Silver precious metal Pigeon were also produced. However, the zaibatsu (Japan's family-controlled professional conglomerates) were ordered 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 commenced importing the Henry J, an inexpensive American car built by Kaiser Motors, in knockdown kit (CKD) form in 1951, and continued to bring these phones Japan for the remainder in the car's three-year production run. The same year, Central Japan Heavy-Industries concluded the same contract with Willys (currently owned by Kaiser) pertaining to CKD-assembled Jeep CJ-3Bs. This deal proved more durable, 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 beginning of the 1960s Japan's economy was gearing up; wages were rising and the concept of family motoring was removing. Central Japan Heavy-Industries, now known as Leg Mitsubishi Heavy-Industries, had already re-established a good automotive department in their headquarters in 1953. Now it was ready to introduce the Mitsubishi 500, a mass market car, to meet the new demand from consumers. It followed this in 1962 with the Minica kei car plus the Colt 1000, the first of its Colt brand of family cars, in 1963. In 1964, Mitsubishi introduced its biggest passenger sedan, the Mitsubishi Debonair being a luxury car primarily to the Japanese market, and was used by senior Mitsubishi executives being a company car.West Japan Heavy-Industries (at this point renamed Mitsubishi Shipbuilding & Design) and East The japanese Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) had also expanded their automotive departments in the 1950s, and the three have been re-integrated as Mitsubishi Large Industries in 1964. Within three years their output was over seventy five, 000 vehicles annually. Following the successful introduction in the first Galant in 1969 and similar growth which consists of commercial vehicle division, it was decided that the company should create a single operation to pay attention to the automotive industry. Mitsubishi Motors Corporation (MMC) seemed to be formed on April twenty two, 1970 as a entirely owned subsidiary of MHI underneath the leadership of Tomio Kubo, a successful engineer in the aircraft division. [citation needed].
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This 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 with the emblem of the Tosa Family who first employed your pet, and because his own family crest was several rhombuses stacked atop the other. The name Mitsubishi is usually a compound of mitsu ("three") along with hishi (literally, "water chestnut", often used in Japanese people to denote a diamonds or rhombus).
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