Mitsubishi Motors Corporation is usually a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was your sixth biggest Japanese automaker and the sixteenth biggest worldwide by production. From October 2016 onwards, Mitsubishi is majority-owned through Nissan, and thus a the main Renault-Nissan Alliance.Besides being part from the Renault-Nissan Alliance, it is also an integral part of Mitsubishi keiretsu, formerly the biggest business group in Japan, through the corporation's small section 20% stake in Mitsubishi Magnetic motors, and the company seemed to be originally formed in 1970 on the automotive division of Mitsubishi Major Industries.Mitsubishi Fuso Truck in addition to Bus Corporation was formerly an integral part of Mitsubishi Motors, but is now independent from Mitsubishi Motors, which builds commercial grade trucks, buses and heavy development equipment, and is owned by Daimler AG.
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Mitsubishi's automotive origins date back to 1917, when the Mitsubishi Shipbuilding Corp., Ltd. introduced the Mitsubishi Type A, Japan's first series-production automobile. An entirely hand-built seven-seater sedan while using Fiat Tipo 3, it proved expensive when compared with its American and European mass-produced rivals, and was discontinued with 1921 after only 22 have been built.In 1934, Mitsubishi Shipbuilding was merged using the Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines as well as other parts. The unified company was referred to as Mitsubishi Heavy Industries (MHI), and was the largest private company in Asia. MHI concentrated on producing aircraft, ships, railroad cars and machines, 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 return to almost fifty years later in its search for motorsport and sales achievements.
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Rigtht after the end of the second World War, the company returned in order to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled cargo vehicle called the Mizushima along with a scooter called the Gold Pigeon were also formulated. However, the zaibatsu (Japan's family-controlled industrial conglomerates) were ordered being dismantled by the Allied forces in 1950, and Mitsubishi Heavy Industries was split up 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 started importing the Henry J, an inexpensive American sedan built by Kaiser 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 manage. 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 throughout production until 1998, thirty years after Willys themselves had replaced the product.
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By the beginning of the 1960s Japan's economic climate was gearing up; wages were rising and the concept of family motoring was taking off. 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 prepared to introduce the Mitsubishi 500, a mass market four door, to meet the fresh demand from consumers. It followed this in 1962 with the Minica kei car and also the Colt 1000, the first of its Colt type of family cars, in 1963. In 1964, Mitsubishi introduced its most significant passenger sedan, the Mitsubishi Debonair as being a luxury car primarily for that Japanese market, and was used by simply senior Mitsubishi executives as a company car.West Japan Heavy-Industries (now renamed Mitsubishi Shipbuilding & Engineering) and East Okazaki, japan Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) experienced also expanded their automotive departments from the 1950s, and the three ended up re-integrated as Mitsubishi Heavy Industries in 1964. Within three years it is output was over 75, 000 vehicles annually. Following the successful introduction in the first Galant in 1969 and similar growth featuring a commercial vehicle division, it was decided that this company should create a single operation to focus on the automotive industry. Mitsubishi Motors Corporation (MMC) had been formed on April 23, 1970 as a completely owned subsidiary of MHI within the leadership of Tomio Kubo, a successful engineer from the aircraft division. [citation needed].
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Your logo of three reddish diamonds, shared with over forty other individuals within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen by means of Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive in the emblem of the Tosa Kin who first employed him, and because his own family crest was three rhombuses stacked atop 1 another. The name Mitsubishi is usually a compound of mitsu ("three") along with hishi (literally, "water chestnut", often used in Japan to denote a stone or rhombus).
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