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Mitsubishi Motors Corporation (MMC) was formed on 22 April 1970, as a wholly owned subsidiary of MHI under the leadership of Tomio Kubo, a successful engineer from the aircraft division. [citation needed] The logo of three red diamonds, shared with over 40 other companies within the keiretsu, antedates Mitsubishi Motors itself by almost a century.
Mitsubishi Motors North America, Inc. is the U.S. operation of Mitsubishi Motors Corporation, overseeing sales and research and development functions.The company manufactures and sells Mitsubishi brand cars and sport utility vehicles through a network of approximately 350 dealers.
Mitsubishi Corporation (三菱商事株式会社, Mitsubishi Shōji Kabushiki-gaisha) is Japan's largest trading company (sogo shosha) and a core member of the Mitsubishi Group. As of 2022, Mitsubishi Corporation employs over 80,000 people and has ten business segments, including energy, industrial finance, banking, machinery, chemicals, and food.
In 1970, MHI's automobile parts department became an independent company as Mitsubishi Motors. In 1974, its Tokyo headquarters was targeted in a bombing that killed eight people. MHI participated in a ¥540 billion emergency rescue of Mitsubishi Motors in January 2005, in partnership with Mitsubishi Corporation and Mitsubishi Tokyo Financial Group.
The Mitsubishi Group (三菱グループ, Mitsubishi Gurūpu) is a group of autonomous Japanese multinational companies in a variety of industries.. 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.
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