Mitsubishi Motors Corporation is often a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the particular sixth biggest Japanese automaker as well as the sixteenth biggest worldwide by simply production. From October 2016 onwards, Mitsubishi is majority-owned through Nissan, and thus a section of the Renault-Nissan Alliance.Besides being part in the Renault-Nissan Alliance, it is also part of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's group 20% stake in Mitsubishi Motors, and the company has been originally formed in 1970 in the automotive division of Mitsubishi Large Industries.Mitsubishi Fuso Truck in addition to Bus Corporation was formerly a part of Mitsubishi Motors, but is now independent from Mitsubishi Motors, which builds commercial rank trucks, buses and heavy development equipment, and is owned by simply Daimler AG.
Mitsubishi's automotive origins date to 1917, when the Mitsubishi Shipbuilding Co., Ltd. introduced the Mitsubishi Style A, Japan's first series-production auto. An entirely hand-built seven-seater sedan good Fiat Tipo 3, it proved expensive in comparison with its American and European mass-produced rivals, and was discontinued with 1921 after only 22 had been built.In 1934, Mitsubishi Shipbuilding was merged with all the Mitsubishi Aircraft Co., a company established with 1920 to manufacture aircraft engines along with other parts. The unified company was generally known as Mitsubishi Heavy Industries (MHI), and was the most significant private company in The japanese. MHI concentrated on producing aircraft, ships, railroad cars and equipment, but in 1937 developed the PX33, a prototype sedan with regard to military use. It was the 1st Japanese-built passenger car together with full-time four-wheel drive, a technology the company would resume almost fifty years later in its search for motorsport and sales success.
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Rigtht after the end of the second World War, the company returned for you to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled products vehicle called the Mizushima plus a scooter called the Silver Pigeon were also designed. However, the zaibatsu (Japan's family-controlled manufacturing conglomerates) were ordered being dismantled by the Allied properties in 1950, and Mitsubishi Heavy Industries was split 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 begun importing the Henry J, an inexpensive American four door built by Kaiser Magnetic motors, in knockdown kit (CKD) variety in 1951, and continued to bring these phones Japan for the remainder of the car's three-year production function. The same year, Central Japan Heavy-Industries concluded a similar contract with Willys (currently owned by Kaiser) with regard to CKD-assembled Jeep CJ-3Bs. This deal proved stronger, with licensed Mitsubishi Jeeps within production until 1998, thirty years after Willys by themselves had replaced the product.
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By the start of the 1960s Japan's overall economy 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 automotive department in their headquarters in 1953. Now it was able to introduce the Mitsubishi 500, a mass market four door, to meet the new demand from consumers. It followed this in 1962 while using the Minica kei car plus 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 to be a luxury car primarily for that Japanese market, and was used through senior Mitsubishi executives as a company car.West Japan Heavy-Industries (today renamed Mitsubishi Shipbuilding & Design) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) experienced also expanded their automotive departments within the 1950s, and the three have been re-integrated as Mitsubishi Major Industries in 1964. Within three years the output was over 80, 000 vehicles annually. Following the successful introduction on the first Galant in 1969 and similar growth using its commercial vehicle division, it was decided which the company should create a single operation to pay attention to the automotive industry. Mitsubishi Motors Corporation (MMC) ended up being formed on April 23, 1970 as a completely owned subsidiary of MHI beneath leadership of Tomio Kubo, a successful engineer from the aircraft division. [citation needed].
This logo of three crimson diamonds, shared with over forty others within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen by simply Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive on the emblem of the Tosa Family who first employed your ex, and because his individual family crest was 3 rhombuses stacked atop each other. The name Mitsubishi is really a compound of mitsu ("three") along with hishi (literally, "water chestnut", often used in Japanese to denote a precious stone or rhombus).
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