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Mitsubishi group of companies or Mitsubishi Companies is a Japanese conglomerate consisting of a range of independent companies that share read more.
Mitsubishi group of companies or Mitsubishi Companies is a Japanese conglomerate consisting of a range of autonomous businesses which share the Mitsubishi brand, trademark and legacy Mitsubishi Motors Corporation is the sixth largest automaker in Japan and the seventeenth largest in the world by global vehicle production is part of the Mitsubishi keiretsu, formerly the biggest industrial group in Japan, and was formed in 1970 from the automotive division of Mitsubishi Heavy Industries company headquartered in Minato, Tokyo .
Mitsubishi Shipbuilding Co Ltd introduced the Model A, first automobile mass production of Japan Hand made seven seater sedan based on the Fiat Tipo 3 The car has proved expensive and the production was stopped after building 22 cars Immediately after the end of World war II, the company returned to the vehicle manufacturing Fuso bus production resumed, while a small cargo three-wheeled vehicle called the Mizushima and a scooter called the Silver Pigeon were also developed.
The company then presented the Mitsubishi 500, a mass market sedan, to meet new consumer demand, he followed it in 1962 with the car Minica kei and Colt 1000, the first of its line of Colt Car family in 1963 within three years its production was over 75,000 vehicles annually Looking to the future, this sector held, the company decided they should create a single operation to focus on the automotive MMC Mitsubishi Motors Corporation was established April 22, 1970 as a wholly owned subsidiary of Mitsubishi Heavy industries.
Part of the company's expansion strategy was to increase exports by forging alliances with foreign companies established a result, in 1971 MHI has sold US giant Chrysler auto part 15 in the new Mitsubishi company finally reached an annual production of one million cars in 1980, but this time his ally was not in good health as part of his fight to avoid bankruptcy, Chrysler was forced to sell its manufacturing Australian new Japanese owners Mitsubishi Motors Australia Ltd renamed MMAL.
Mitsubishi Motors went public in 1988Hirokazu Nakamura became president of Mitsubishi 1989 Mitsubishi range of vehicles with four-wheel drive, the car Mitsubishi Pajero Mini kei the minivan Delica Space Gear, rode the wave of buying SUV in Japan the early to mid 1990s, and Mitsubishi has seen its overall increase in the national response to 11 6 1995.
In India, Mitsubishi in collaboration with Hindustan Motors Limited Mitsubishi Motors Corporation announced the launch of one petrol 5 liter and 2 diesel cars Lancer passenger 0 liters produced at Hindustan Motors Limited HML Calcutta.
Under a contract signed in September 1995, the two companies agreed that Mitsubishi Motors HML provide with technical support related to the production of a model gasoline engine Lancer Lancer is produced HML Plant Chennai would be sold through HML sales network in India HMLS Chennai plant has an annual production capacity of 30,000 units dealers in India are selling the full range of Mitsubishi cars, the products and the Pajero, Cedia, Lancer, Montero and Outlander models.
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