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Mitsubishi Motors

Mitsubishi Motors Corporation
Native name
三菱自動車工業株式会社
Romanized name
Mitsubishi Jidōsha Kōgyō KK
Public
Traded as :
Industry Automotive
Predecessor Mitsubishi Heavy Industries Motor and Cars Business
Founded October, 1917 (as Mitsubishi Shipbuilding Co., Ltd.)
April 22, 1970; 46 years ago (1970-04-22)(as Mitsubishi Motors)
Founder Mitsubishi Heavy Industries
Headquarters Minato, Tokyo, Japan
Number of locations
Cypress, California, United States
Schiphol-Rijk, Netherlands
Santa Rosa, Laguna, Philippines
Khlong Luang, Pathum Thani, Thailand
Key people
Carlos Ghosn (Chairman)
Osamu Masuko (President)
Products Automobiles, economy cars, commercial vehicles
Revenue Increase ¥2.180 trillion (2015)
Increase ¥118.170 billion (2015)
Owner Nissan (34%)
Mitsubishi (20%)
Number of employees
30,498 (2015)
Subsidiaries
Website www.mitsubishi-motors.com

Mitsubishi Motors Corporation (Japanese: 三菱自動車工業株式会社 Hepburn: Mitsubishi Jidōsha Kōgyō KK?, IPA: [mitsu͍ꜜbiɕi̥]) is a multinational automotive manufacturer headquartered in Minato, Tokyo, Japan. In 2011, Mitsubishi Motors was the sixth biggest Japanese automaker and the sixteenth biggest worldwide by production. From October 2016 onwards, Mitsubishi is one-third (34%) owned by Nissan, and thus a part of the Renault-Nissan Alliance.

Besides being part of the Renault-Nissan Alliance, it is also a part of Mitsubishi keiretsu, formerly the biggest industrial group in Japan, through the corporation's minority 20% stake in Mitsubishi Motors, and the company was originally formed in 1970 from the automotive division of Mitsubishi Heavy Industries.

Mitsubishi Fuso Truck and Bus Corporation was formerly a part of Mitsubishi Motors, but is now separate from Mitsubishi Motors, which builds commercial grade trucks, buses and heavy construction equipment, and is owned by Daimler AG (though Mitsubishi continues to own a small stake).

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. 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 discontinued in 1921 after only 22 had been built.


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