What happened to Mitsubishi? - INAUTONEWS
Mitsubishi is part of the Mitsubishi keiretsu, which was the biggest industrial group in Japan, being formed back in 1970, from the automotive division of Mitsubishi Heavy Industries. I’m sure not many of you remember the 1937 Mitsubishi PX33 or the company’s post-war era but you do remember the Chrysler connection from the 1970s, which produced vehicles such as the Dodge Colt, the first rebadged Mitsubishi product sold by... Annual production has grown from 500,000 vehicles in 1973 to 965,000 cars in 1978 and in 1980, the company has achieved an annual production of one million vehicles. Hirokazu Nakamura has become president of Mitsubishi in 1989 and managed to steer the company in promising directions and there was a rumor that the company intended a hostile acquisition of Honda back in 1992 – 1993. Some of the most profitable... Source: www.inautonews.com
