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Mitsubishi Motors Corporation is often a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was this sixth biggest Japanese automaker as well as the sixteenth biggest worldwide by means of production. From October 2016 onwards, Mitsubishi is majority-owned by simply Nissan, and thus a the main Renault-Nissan Alliance.Besides being part in the Renault-Nissan Alliance, it is also an integral part of Mitsubishi keiretsu, formerly the biggest business group in Japan, through the corporation's community 20% stake in Mitsubishi Power generators, and the company has been originally formed in 1970 from the automotive division of Mitsubishi Hefty Industries.Mitsubishi Fuso Truck and also Bus Corporation was formerly part of Mitsubishi Motors, but is now individual from Mitsubishi Motors, which builds commercial grade trucks, buses and heavy design equipment, and is owned simply by 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 car. An entirely hand-built seven-seater sedan using the Fiat Tipo 3, it proved expensive when compared with its American and Eu mass-produced rivals, and was discontinued with 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 generally known as Mitsubishi Heavy Industries (MHI), and was the biggest private company in Japan. MHI concentrated on production aircraft, ships, railroad cars and machinery, but in 1937 created the PX33, a prototype sedan for military use. It was the initial Japanese-built passenger car using full-time four-wheel drive, a technology the company would return to almost fifty years later in its quest for motorsport and sales success.

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Immediately following the end of the next World War, the company returned to help manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled packages vehicle called the Mizushima and also a scooter called the Silver precious metal Pigeon were also created. However, the zaibatsu (Japan's family-controlled commercial conglomerates) were ordered to get dismantled by the Allied capabilities 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 sedan built by Kaiser Generators, in knockdown kit (CKD) variety in 1951, and continued to bring them to Japan for the remainder in the car's three-year production run. The same year, Central Japan Heavy-Industries concluded much the same contract with Willys (today 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 style.

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By the start of the 1960s Japan's financial system was gearing up; wages were rising and thinking about family motoring was taking off. Central Japan Heavy-Industries, now known as Tibia Mitsubishi Heavy-Industries, had already re-established a automotive department in the headquarters in 1953. Now it was able to introduce the Mitsubishi 500, a mass market four door, to meet the completely new demand from consumers. It followed this in 1962 using the Minica kei car along with the Colt 1000, the first of its Colt distinct family cars, in 1963. In 1964, Mitsubishi introduced its biggest passenger sedan, the Mitsubishi Debonair as a luxury car primarily to the Japanese market, and was used by simply senior Mitsubishi executives to be a company car.West Japan Heavy-Industries (now renamed Mitsubishi Shipbuilding & Anatomist) and East Okazaki, japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) got also expanded their automotive departments from the 1950s, and the three had been re-integrated as Mitsubishi Hefty Industries in 1964. Within three years it is 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 how the company should create a single operation to pay attention to the automotive industry. Mitsubishi Motors Corporation (MMC) was formed on April 25, 1970 as a totally owned subsidiary of MHI within the leadership of Tomio Kubo, a successful engineer through the aircraft division. [citation needed].

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This logo of three crimson 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 from the emblem of the Tosa Family who first employed your pet, and because his personal family crest was 3 rhombuses stacked atop 1 another. The name Mitsubishi is usually a compound of mitsu ("three") and also hishi (literally, "water chestnut", often used in Japoneses to denote a precious stone or rhombus).

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