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Mitsubishi's automotive origins date back to 1917, when the Mitsubishi Shipbuilding Co., Ltd., introduced the Mitsubishi Model A, Japan's first series-production automobile. [10] An entirely hand-built seven-seater sedan based on the FIAT Tipo 3 , it proved expensive compared to its American and European mass-produced rivals, and was ...
Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group traces its origins to the Mitsubishi zaibatsu, a unified company that existed from 1870 to 1946. The company, along with other major zaibatsu, was disbanded during the occupation of Japan following World War II by the order of the Allies .
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.
The current Mitsubishi Corporation was founded by the merger of these three companies to form Mitsubishi Shoji Kaisha, Ltd. in 1954; Mitsubishi listed on the Tokyo Stock Exchange and Osaka Stock Exchange in the same year. It changed its name to "Mitsubishi Corporation" in 1971. [6]
In March 1870, Iwasaki became president of the Tsukumo Trading Company, a shipping company founded on behalf of the Yamauchi clan, and leased the trading rights. In 1873, the company changed its name to Mitsubishi, a compound of mitsu ("three") and hishi (literally, "water chestnut", often used in Japanese to denote a rhombus or diamond).
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Template: Mitsubishi Motors timeline (North America) 1980 to date. 2 languages.
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