Mitsubishi Motors

About Mitsubishi Motors

Mitsubishi Motors Corporation (三菱自動車工業株式会社, Mitsubishi Jidōsha Kōgyō KK; lit. 'Three Diamonds Automotive Industry Company', , Japanese pronunciation: [mitsɯꜜbiɕi]) is a Japanese multinational automobile manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the sixth-largest Japanese automaker and the 19th-largest worldwide by production. Since October 2016, Mitsubishi has been one-third (34%) owned by Nissan, and included in the Renault–Nissan–Mitsubishi Alliance. Besides being part of the Renault–Nissan–Mitsubishi Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest industrial group in Japan. The company was originally formed in 1970 from the automotive division of Mitsubishi Heavy Industries. Mitsubishi Fuso Truck and Bus Corporation, which builds commercial-grade trucks, buses, and heavy construction equipment, was formerly a part of Mitsubishi Motors, but is now owned by German automotive corporation Daimler Truck, with Mitsubishi continuing to own a small stake.