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By Unknown Saturday, October 1, 2016

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Mitsubishi Motors Corporation is a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the actual sixth biggest Japanese automaker and the sixteenth biggest worldwide by means of production. From October 2016 onwards, Mitsubishi is majority-owned by Nissan, and thus a the main Renault-Nissan Alliance.Besides being part on the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest commercial group in Japan, through the corporation's community 20% stake in Mitsubishi Engines, and the company has been originally formed in 1970 in the automotive division of Mitsubishi Heavy Industries.Mitsubishi Fuso Truck as well as Bus Corporation was formerly an element of Mitsubishi Motors, but is now independent from Mitsubishi Motors, which builds commercial quality trucks, buses and heavy design equipment, and is owned by simply Daimler AG.

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Mitsubishi's automotive origins date back to 1917, when the Mitsubishi Shipbuilding Corp., Ltd. introduced the Mitsubishi Product A, Japan's first series-production car. An entirely hand-built seven-seater sedan in line with the Fiat Tipo 3, it proved expensive in comparison with its American and European mass-produced rivals, and was discontinued within 1921 after only 22 have been built.In 1934, Mitsubishi Shipbuilding was merged while using Mitsubishi Aircraft Co., a company established within 1920 to manufacture aircraft engines along with other parts. The unified company was often known as Mitsubishi Heavy Industries (MHI), and was the most significant private company in Japan. MHI concentrated on making aircraft, ships, railroad cars and equipment, but in 1937 created the PX33, a prototype sedan for military use. It was the primary Japanese-built passenger car together with full-time four-wheel drive, a technology the company would get back to almost fifty years later in its search for motorsport and sales accomplishment.

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Rigtht after the end of the second World War, the company returned to manufacturing vehicles. Fuso bus production resumed, while a small three-wheeled shipment vehicle called the Mizushima along with a scooter called the Sterling silver Pigeon were also designed. However, the zaibatsu (Japan's family-controlled industrial conglomerates) were ordered to get dismantled by the Allied forces in 1950, and Mitsubishi Heavy Industries was put into three regional companies, each with an involvement in automobile development: West Japan Heavy-Industries, Central Japan Heavy-Industries, and East Japan Heavy-Industries.East Japan Heavy-Industries began importing the Henry T, an inexpensive American 4 door built by Kaiser Engines, in knockdown kit (CKD) style in 1951, and continued to bring those 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 (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 independently had replaced the style.

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By the beginning of the 1960s Japan's economic climate was gearing up; wages were rising and the thinking behind family motoring was removing. Central Japan Heavy-Industries, now known as Shin Mitsubishi Heavy-Industries, had already re-established the automotive department in it is 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 while using the Minica kei car and also the Colt 1000, the first of its Colt distinctive line of family cars, in 1963. In 1964, Mitsubishi introduced its major passenger sedan, the Mitsubishi Debonair as being a luxury car primarily to the Japanese market, and was used by senior Mitsubishi executives to be a company car.West Japan Heavy-Industries (today renamed Mitsubishi Shipbuilding & Architectural) and East The japanese Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) experienced also expanded their automotive departments inside 1950s, and the three have been re-integrated as Mitsubishi Major Industries in 1964. Within three years the output was over 70, 000 vehicles annually. Following the successful introduction with the first Galant in 1969 and similar growth featuring a commercial vehicle division, it was decided the company should create a single operation to focus on the automotive industry. Mitsubishi Motors Corporation (MMC) ended up being formed on April twenty-two, 1970 as a entirely owned subsidiary of MHI underneath the leadership of Tomio Kubo, a successful engineer from your aircraft division. [citation needed].

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This logo of three red diamonds, shared with over forty other individuals within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen through Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive from the emblem of the Tosa Clan who first employed him or her, and because his individual family crest was 3 rhombuses stacked atop the other. The name Mitsubishi is a compound of mitsu ("three") as well as hishi (literally, "water chestnut", often used in Western to denote a gemstone or rhombus).

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