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By Unknown Friday, October 14, 2016

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Mitsubishi Motors Corporation is usually a multinational automotive manufacturer based in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was this sixth biggest Japanese automaker and the sixteenth biggest worldwide through production. From October 2016 onwards, Mitsubishi is majority-owned by means of Nissan, and thus a area of the Renault-Nissan Alliance.Besides being part of the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest manufacturing group in Japan, through the corporation's group 20% stake in Mitsubishi Motors, and the company ended up being originally formed in 1970 on the automotive division of Mitsubishi Large Industries.Mitsubishi Fuso Truck and Bus Corporation was formerly an element of Mitsubishi Motors, but is now different from Mitsubishi Motors, which builds commercial quality trucks, buses and heavy development equipment, and is owned by means of Daimler AG.

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Mitsubishi's automotive origins date returning to 1917, when the Mitsubishi Shipbuilding Company., Ltd. introduced the Mitsubishi Style A, Japan's first series-production car or truck. An entirely hand-built seven-seater sedan in line with the Fiat Tipo 3, it proved expensive compared to its American and Eu mass-produced rivals, and was discontinued with 1921 after only 22 was built.In 1934, Mitsubishi Shipbuilding was merged while using the Mitsubishi Aircraft Co., a company established in 1920 to manufacture aircraft engines and also other parts. The unified company was known as Mitsubishi Heavy Industries (MHI), and was the most significant private company in Asia. MHI concentrated on producing aircraft, ships, railroad cars and devices, but in 1937 developed the PX33, a prototype sedan intended for military use. It was the initial 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 achievements.

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Rigtht after the end of the other World War, the company returned for you to manufacturing vehicles. Fuso bus production started again, while a small three-wheeled packages vehicle called the Mizushima and also a scooter called the Silver precious metal Pigeon were also designed. However, the zaibatsu (Japan's family-controlled industrial conglomerates) were ordered to become dismantled by the Allied forces in 1950, and Mitsubishi Heavy Industries was split 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 out importing the Henry M, an inexpensive American four door built by Kaiser Power generators, in knockdown kit (CKD) type in 1951, and continued to bring those to Japan for the remainder from the car's three-year production run. The same year, Central Japan Heavy-Industries concluded the same contract with Willys (at this point owned by Kaiser) with regard to CKD-assembled Jeep CJ-3Bs. This deal proved more durable, with licensed Mitsubishi Jeeps throughout production until 1998, thirty years after Willys them selves had replaced the product.

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By the beginning of the 1960s Japan's economy was gearing up; wages were rising and the concept of 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 ready to introduce the Mitsubishi 500, a mass market 4 door, to meet the completely new demand from consumers. It followed this in 1962 with all the Minica kei car as well as the Colt 1000, the first of its Colt line of family cars, in 1963. In 1964, Mitsubishi introduced its greatest passenger sedan, the Mitsubishi Debonair as a luxury car primarily for your Japanese market, and was used by simply senior Mitsubishi executives being a company car.West Japan Heavy-Industries (right now renamed Mitsubishi Shipbuilding & Executive) and East Asia Heavy-Industries (now Mitsubishi Nihon Heavy-Industries) acquired also expanded their automotive departments in the 1950s, and the three ended up re-integrated as Mitsubishi Hefty Industries in 1964. Within three years their output was over seventy five, 000 vehicles annually. Following the successful introduction from the first Galant in 1969 and similar growth which consists of commercial vehicle division, it was decided that the company should create a single operation to pay attention to the automotive industry. Mitsubishi Motors Corporation (MMC) seemed to be formed on April 23, 1970 as a totally owned subsidiary of MHI beneath leadership of Tomio Kubo, a successful engineer from your aircraft division. [citation needed].

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The logo of three red-colored diamonds, shared with over forty others within the keiretsu, predates Mitsubishi Motors itself by almost a century. It was chosen by Iwasaki Yatarō, the founder of Mitsubishi, as it was suggestive on the emblem of the Tosa Group who first employed him or her, and because his unique family crest was three rhombuses stacked atop the other. The name Mitsubishi is really a compound of mitsu ("three") and also hishi (literally, "water chestnut", often used in Japoneses to denote a gemstone or rhombus).

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