Mitsubishi is one of the leading Japanese car brands and it is a business conglomerate which has a range of businesses. The company was first established as a shipping firm in the nineteenth century in the year 1870. The company went on to become the sixth largest manufacturers of cars in the country.
It is the world's seventh largest auto manufacturers. The motor corporation of the company was formed in 1970 and the company believes in co-operation with other foreign car companies for collaborative and technological advancement of the company.
The company however has been manufacturing cars since 1919 when the shipping co-operation made the Model A. The company has taken over the sole owner ship of the manufacturing plant of Volvo in 2001. The company has over thirty three thousand employee's world wide.
The Mitsubishi 500 was one of its first mass production Sedan. The Colt1000 was one the first in it colt series and it came out in the 1963. In 1973 with alliance of Chrysler Mitsubishi Gallant came out which was the companies first captive import.
In 1982 the company came up with the Pajero which became the companies most successful SUV. The company in future is coming up with smaller technologically advanced cars like the Mitsubishi I model which it took out in 2005. Electrical vehicle venture is also likely by the company. The company has been an active member of motor sports too.