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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 Motors North America, Inc. Manufacturing Division (originally, Diamond-Star Motors) was an automobile-manufacturing joint venture between the Chrysler Corporation and Mitsubishi Motors. [1] The name came from the parent companies' respective logos: three diamonds (Mitsubishi) and a pentastar (Chrysler). [2]
After 1995, the facility was known as Mitsubishi Motors Manufacturing America (MMMA). At its peak in 2000, the facility produced over 222,000 vehicles per year, but following the decline of Mitsubishi Motors in North America, the plant operated well below capacity for years.
Mitsubishi Motors will stop producing vehicles in China, in the latest sign of retreat by foreign automakers in the world’s biggest car market.
The following is a list of passenger automobiles assembled in the United States.Note that this refers to final assembly only, and that in many cases the majority of added value work is performed in other regions through manufacture of component parts from raw materials.
Despite DaimlerChrysler's involvement, debts at Mitsubishi continued to accumulate. A torpid economy in Japan dragged down the company's domestic performance in 2003, while the same year the after effects of a disastrous credit scheme in the U.S. saw Mitsubishi Motors North America suffer a US$454 million loss.
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