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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).
The works was renamed Mitsubishi Shipyard of Mitsubishi Goshi Kaisha in 1893 and additional dry docks were completed in 1896 and 1905. [7] The "Mitsubishi Heavy Industries - Shimonoseki Shipyard & Machinery Works" was established in 1914. It produced industrial machinery and merchant ships. [10] The launch of battleship Tosa at the Nagasaki ...
The Mitsubishi Electric-owned Solae Test Tower in Inazawa City, Japan, is the world's second tallest elevator testing tower. [24] Mitsubishi Electric's United States headquarters in Cypress, California Mitsubishi Electric office in Canada. As of 2013, MELCO's business network around the world were the following: Mitsubishi Electric Global [25]
The first-generation Outlander/Airtrek was based on the Mitsubishi ASX concept vehicle exhibited at the 2001 North American International Auto Show.The ASX (Active Sports Crossover) represented Mitsubishi's approach to the industry wide crossover SUV trend for retaining the all-season and off-road abilities offered by a high ground clearance and four-wheel drive, while still offering car-like ...