In Part 01 of our Mitsubishi Motors retrospective we covered the beginnings of the vast Mitsubishi empire, in which the car company is just a small part. In fact, until 1970 the Mitsubishi Motors we know today only existed as a loose collection of car-making factories and engineers within its massive parent company, Mitsubishi Heavy Industries, which is itself a part of the colossal Mitsubishi Group that operates in banking, construction, and energy sectors, among others.
It’s so big that the managers didn’t even really want to deal with running the car company, so they created MMC to unite the businesses with the plan of selling to Chrysler and letting them manage the whole thing. Continue reading