Mitsubishi

Mitsubishi Motors Corporation is one of the Japanese companies that produce vehicles, especially cars. The company was founded on April 22, 1970 and is one of the companies under the banner of the Mitsubishi Group (previously). The Mitsubishi logo is 3 red diamonds and was made by the founder of Mitsubishi Motors, Yataro Iwasaki. Mitsubishi Motors Headquarters is in Tokyo, Japan. The biggest shareholder of Mitsubishi Motors is now Nissan Motors. Currently the Mitsubishi car factory is in 5 countries: Japan, Philippines, Russia, Thailand and Indonesia.

In April 2016, Mitsubishi was involved in a fuel manipulation scandal in Japan until Nissan acquired about 34% of Mitsubishi Motors' shares in May 2016. Currently Mitsubishi Motors is the 6th largest automotive company in Japan and the 13th World when viewed from sales data in 2007.

The history of Mitsubishi in producing cars departed in 1937 where Mitsubishi Heavy Industries as the parent of Mitsubishi Motors corporation at the time first launched the Mitsubishi PX33 with four-wheel drive technology which at the same time made it an automotive manufacturer that first launched a four-wheel drive vehicle in Japan.

In April 2016, Mitsubishi was involved in a fuel consumption manipulation scandal for the first time in Japan. Mitsubishi's two manufactured models for Nissan, namely dayz and dayz roox, and two more are marketed using the Mitsubishi brand itself, the eK wagon and eK space. All are only marketed in Japan. The available data revealed that the fuel consumption of the four carats reached 30 kilokmeter per liter (km/l), but the figure was not in accordance with the tests conducted by Nissan. This resulted in Mitsubishi Motors' stock price plummeting around 43% in the Tokyo stock exchange. Mitsubishi sales both globally and domestically in Japan also dropped.