Mitsubishi Motors Corporation is really 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 simply by production. From October 2016 onwards, Mitsubishi is majority-owned simply by Nissan, and thus a part of the Renault-Nissan Alliance.Besides being part from the Renault-Nissan Alliance, it is also an element of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's community 20% stake in Mitsubishi Generators, and the company had been originally formed in 1970 from your automotive division of Mitsubishi Hefty 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 class trucks, buses and heavy structure equipment, and is owned by means of 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 Type A, Japan's first series-production automobile. An entirely hand-built seven-seater sedan based on the Fiat Tipo 3, it proved expensive compared to its American and Western european mass-produced rivals, and was discontinued in 1921 after only 22 was built.In 1934, Mitsubishi Shipbuilding was merged using the Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines and other parts. The unified company was called Mitsubishi Heavy Industries (MHI), and was the biggest private company in Asia. MHI concentrated on manufacturing aircraft, ships, railroad cars and equipment, but in 1937 formulated the PX33, a prototype sedan regarding military use. It was the very first Japanese-built passenger car along with full-time four-wheel drive, a technology the company would resume almost fifty years later in its search for motorsport and sales success.
Rigtht after the end of the 2nd World War, the company returned for you to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled shipment vehicle called the Mizushima as well as a scooter called the Sterling silver Pigeon were also created. However, the zaibatsu (Japan's family-controlled professional conglomerates) were ordered to get dismantled by the Allied powers in 1950, and Mitsubishi Heavy Industries was split up into three regional companies, each with an involvement in motor vehicle development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries started importing the Henry J, an inexpensive American four door built by Kaiser Power generators, in knockdown kit (CKD) variety in 1951, and continued to bring the crooks to Japan for the remainder from the car's three-year production function. The same year, Central Japan Heavy-Industries concluded an identical contract with Willys (now owned by Kaiser) with regard to CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps with production until 1998, thirty years after Willys on their own had replaced the type.
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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 taking off. Central Japan Heavy-Industries, now known as Tibia Mitsubishi Heavy-Industries, had already re-established a automotive department in their headquarters in 1953. Now it was wanting to introduce the Mitsubishi 500, a mass market four door, to meet the brand-new demand from consumers. It followed this in 1962 using the Minica kei car and the Colt 1000, the first of its Colt line of family cars, in 1963. In 1964, Mitsubishi introduced its most significant passenger sedan, the Mitsubishi Debonair being a luxury car primarily to the Japanese market, and was used through senior Mitsubishi executives to be a company car.West Japan Heavy-Industries (at this point renamed Mitsubishi Shipbuilding & Engineering) and East The japanese Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) acquired also expanded their automotive departments from the 1950s, and the three were re-integrated as Mitsubishi Heavy Industries in 1964. Within three years it's output was over 75, 000 vehicles annually. Following the successful introduction of the first Galant in 1969 and similar growth having its commercial vehicle division, it was decided which the company should create a single operation to spotlight the automotive industry. Mitsubishi Motors Corporation (MMC) ended up being formed on April twenty-two, 1970 as a entirely owned subsidiary of MHI beneath the leadership of Tomio Kubo, a successful engineer in the aircraft division. [citation needed].
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The particular logo of three reddish colored 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 of the emblem of the Tosa Clan who first employed your pet, and because his individual family crest was a few rhombuses stacked atop one another. The name Mitsubishi is really a compound of mitsu ("three") in addition to hishi (literally, "water chestnut", often used in Japanese to denote a precious stone or rhombus).
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