Mitsubishi Vehicle Production

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Mitsubishi Vehicle Production


Origins:

Small boat company (1870), Group founded in 1911 (shipbuilding, banking, coal mines, trade, insurance), car manufacture started in 1917, Diesel bus production in 1935, Diesel trucks in 1936, Mitsubishi 500 built in 1960, First mass-production model: Mitsubishi 500 (1960). The Model A of 1917 is regarded as the first series-production car to be made in Japan.

Milestones:

First model exported to Europe: 500 (1962).
First model exported to USA: Debonair and Galant (1970)
Model most sold abroad: Mitsubishi Galant - 120,885 units exported (1979).
Number of employees (as at 1979): 22,000.
Position among Japanese Manufacturers (as at 1979): 5th (8.6 per cent of home market).
Position among manufacturers/exporters (as at 1979): 5th (7.8 per cent).
Associates (as at 1979): 15 per cent of capital held by Chrysler, 85 per cent by Mitsubishi Heavy Industries. Mitsubishi imports Chrysler models into Japan. Chrysler imported Mitsubishi models into USA. Mitsubishi Motors and Mitsubishi Corporation held 99 per cent of Chrysler Australia.
Group products: Cars, vans, trucks, buses, tractors, light four-wheel drive vehicles, ship-yards, aeroplanes, petro-chemicals, spinning mills, cameras and optical instruments (Nikon], hi-fi, canning, shipping, insurance, glass products, trade, non-ferrous metals, nuclear energy, banking, electrical apparatus. In 1979 it was the largest economic and industrial group in Japan: 10 per cent of the working population was employed by it.
Range (as at 1979): Mitsubishi Galant (two models), Mitsubishi Galant Sigma (four models), Mitsubishi Celeste (two models), Mitsubishi Lancer (four models), Mitsubishi Colt (four models).

Mitsubishi Car Production 1960 - 1979
Year
Country
Production
Exportation
Japan
5,203
11
Japan
7,552
156
Japan
8,396
236
Japan
15,882
408
Japan
29,497
1,196
Japan
45,905
1,657
Japan
75,643
1,393
Japan
105,952
3,474
Japan
130,253
4,944
Japan
127,812
6,133
Japan
246,422
15,450
Japan
260,981
60,500
Japan
222,890
52,950
Japan
280,998
62,000
Japan
233,121
114,900
Japan
288,846
100,900
Japan
402,844
217,050
Japan
486,432
255,350
Japan
628,886
320,850
Japan
528,555
243,720
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