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Mitsubishi's North American R&D facility in Ann Arbor, Michigan in 2010 2015 was a record setting year for MMNA, selling five million vehicles to date and 95,342 for the year in the United States, continuing a streak of 22 consecutive months of year-over-year sales increases and a 23 percent sales increase over the previous year.
Chrysler sold its equity stake to Mitsubishi in 1993, and Diamond-Star Motors was renamed Mitsubishi Motors Manufacturing America (MMMA) on July 1, 1995. [3] Despite the departure, the two companies have maintained various co-operative manufacturing agreements since and considered all vehicle produced until 1995 [ 9 ] as Diamond Star Motors.
Mitsubishi Motors went public in 1988, ending its status as the only one of Japan's 11 auto manufacturers to be privately held. Mitsubishi Heavy Industries agreed to reduce its share to 25%, retaining its position as largest single stockholder. Chrysler, meanwhile, increased its holding to over 20%.
Mitsubishi Corporation (三菱商事株式会社, Mitsubishi Shōji Kabushiki-gaisha) is Japan's largest trading company (sogo shosha) and a member of the Mitsubishi keiretsu. As of 2022, Mitsubishi Corporation employs over 80,000 people and has ten business segments, including energy , industrial finance, banking , machinery , chemicals , and ...
In January 2019 Nonato Antonio Avilés Rocha was named by President Andres Manuel López Obrador as ESSA's general director. Avilés Rocha quit in January 2021, after it was found that he gave contracts to companies owned by his cousins and nephews, increased executive salaries above approved limits, signed off unjustified expenses and paid for ...
The Mitsubishi Galant Λ (Lambda) is a two-door, four-seat hardtop/notchback coupé built by Mitsubishi from 1976 until 1984. From 1978, it was exported under various names; such as the Mitsubishi Sapporo in Europe and South America (named for the Japanese city of Sapporo, which was considered to have positive international connotations after having hosted the 1972 Winter Olympics [5]), the ...