CHRONOLOGY

1970
  • Mitsubishi Motors Corporation incorporated. (Capitalization Y29,900 million; employees 21,000; president Yuji Sato)
  • US distribution agreement concluded with Chrysler.
  • Technical assistance agreement concluded with the China Motor of Taiwan.
  • Cumulative production of MfNICA series cars tops one million mark.
  • GALANT GTO passenger car Iaunched in Japan.
    1971
  • Distribution, trademark and technical assistance agreement concluded with Chrysler Australia Ltd. (CAL)
  • Chrysler acquires 15% equity interest in Mitsubishi Motors. (Capital: Y35,177 million)
  • COLT GALANT passenger car launched through Chrysler dealers in North America.
    1972
  • Company acquires 15% interest in Chrysler Philippine.
    1973
  • Company establishes P.T. Mitsubishi Krama Yudha Motors and Manufacturing (MKM) of Indonesia with local Indonesian enterprise.
  • Tomio Kubo appointed company president.
  • Technical assistance agreement concluded with Hyundai Motor of Korea.
  • LANCER passenger model launched in Japan.
    1974
  • Mitsubishi vehicle sales start in Europe.
  • Cumulative production of Katsura-type industrial engines tops one million
    1975
  • Technical assistance agreement concluded with United Development Motor Industries of Thailand (now called MMC Sittipol Co.).
  • Technical assistance agreement concluded with UNIVEX of Portugal (now called Mitsubisbi Motors de Portugal).
    1976
  • Cumulative production of GALANT passenger model tops one million.
  • GALANT SIGMA and GALANT LAMBDA passenger models launched in Japan.
    1977
  • First Mitsubishi Galant Toumament (professional golf event) staged.
  • Construction of the Okazaki Plant of the Nagoya Motor Vehicle Works completed.
  • Liaison Office of Europe established in Rotterdam.
  • First Mirage Bowl (U.S. college football game) staged in Tokyo.
  • MINICA AMI 55 passenger model launched in Japan.
    1978
  • CAR PLAZA sales network commences operations in Japan with 109 dealers.
  • MIRAGE passenger model launched in Japan.

    1979
  • Tomio Kubo and Yoshitoshi Sone appointed chairman ofthe board and company president respectively.
  • Youth For Understanding Program (YFU) gets under way and the first party of American high scbool students visits Japan.
  • Cumulative exports of Mitsubishi Motors vehicles exceed two million.
  • Cumulative sales of FUSO trucks and buses top one million.
  • Construction ofthe Sbiga Plant ofthe Kyoto Works completed.
  • LANCER EX passenger model launched in Japan.
    1980
  • Construction of the Kitsuregawa Proving Ground completed.
  • Chrysler Australia renamed Mitsubishi Motors Australia Ltd. (MMAL) Redesigned GALANT SIGMA and GALANT A passenger models Iaunched in Japan.
    1981
  • New directors of Mitsubishi Motors elected: chairman Tomio Kubo; president Teruo Tojo.
  • Cumulative production at the Tokyo Motor Vehicle Works tops one million.
  • United States Distribution Agreement revised.
  • MINICA AMI L and MINICA ECONO passenger models launched in Japan.
  • Mitsubishi Motors Sales of America, Inc. (MMSA) established.
    1982
  • Mitsubishi Motors and Mitsubishi Corporation make l0% equity participation in Hyundai Motor of Korea.
  • Test laboratory opened in Ann Arbor, Michigan, U.S.A.
  • New bus assembly plant inaugurated at the Oye Plant ofthe Nagoya Motor Vehicle Works.
  • CORIDA, TREDIA, STARION and PAJERO passenger models and AERO BUS large-size coach launched in Japan.
    1983
  • Malaysian national car project agreement formally concluded between HICOM (Malaysian Govermental Office), Mitsubishi Motors and Mitsubishi Corporation.
  • New board of directors elected: chairman Teruo Tojo; vice-chairman Toshihiro Tomabechi; president Toyoo Tateo.
  • CHARIOT passenger model and THE GREAT large truck launched in Japan.
    1984
  • Cypress Design Studio and Cypress Test Laboratory complex opened in Cypress, Califomia.
  • Mitsubishi Motors merges with Mitsubishi Motor Sales Co., Ltd.
  • New Mitsubishi Motors officers elected: chaimzan Toshiharu Tanaka; president Toyoo Tate.
    1985
  • Mitsubishi Fuso truck of America, Inc.(MFTA) established.
  • Mitsubishi Motors and Mitsubishi Heavy Industries reach agreement with Chrysler over Mitsubishi Motors ownership structure. Mitsubishi Motors also reaches agreement with Chrysler on the establishment of a joint-venture automobile manufacturing company in the U.S.
  • New company officers elected: chairrnan Yoshida Okano; president Toyoo Tate.
  • Ceremonies held to mark line-off of the first SAGA Malaysian national car, produced with Mitsubishi Motors cooperation.
  • Cumulative production of GALANT passenger model tops three million. Diamond-Star Motors Corporation, a joint-venture with Chrysler Corporation, established.
  • PAJERO takes overall victory in the 7th Paris-Dakar Rally.
    1986
  • DEBONAIR V luxury sedan Iaunched in Japan.
    1987
  • Company purchases all shares in Todd Motors Corporation Ltd. and renames it Mitsubishi Motors New Zealand Ltd.
  • Cumulative production of FUSO CANTER light-duty trucks tops one million.
  • New GALANT and MIRAGE passenger models launched in Japan.
  • New GALANT named 1987-1988 Japan Car of the Year.
    1988
  • Company and Mercedes-Benz Japan jointly establish Stuttgart Auto Services, Inc. to sell Mercedes-Benz passenger cars in Japan.
  • Mitsubishi Auto Credit-Lease Corporation incorporated.
  • Company markets 150 Hyundai 1.5XL models, a special version ofthe Hyundai Excel, as a supporting program for the Seoul Olympics.
  • Japan launch of the MAGNA STATION WAGON 2600 built by Mitsubishi Motors Australia.
  • Company signs letter ofgeneral understanding with Daimler-Benz on establishment ofjoint-venture company for importing and distributing Mercedes-Benz commercial vehicles in Japan.
  • New ETERNA 4-door sedan launched in Japan.
  • Ceremonies held to celebrate start of operations at Diamond-Star Motors Corporation.
  • MIRAGE 3-door hatchback and 4-door sedan presented 1988 Golden Steering Wheel award by West German motoring magazine.
  • Company shares listed on first section of Tokyo, Osaka and Nagoya stock exchanges.
  • New LANCER passenger model launched in Japan.
    1989
  • Mitsubishi Motors Truck Parts & Europe H.V. renamed Mitsubishi Motors Europe B.V.
  • Mitsubishi GALANT presented 1989 Import Car ofthe Year award by Motor Trend Magazine in the U.S.
  • Cumulative automotive engine production at the Kyoto Works tops 15 million.
  • Company shares listed ON Sapporo, Nugata, Hiroshima and Fukuoka stock exchanges.
  • Company announces incorporation of the Stuttgart Truck and Bus Sales Co., Ltd to sell Mercedes-Benz commercial vehicles in Japan.
  • Company announces it is to jointly develop with Suzuki Motors a small truck exclusively for the Indonesian market.
  • New company officers elected: chairman Toyoo Tate; vice-chairman Kenzo Nakamura; president Hirokazu Nakamura.
  • New MINICA series launched in Japan.
    1990
  • Cumulative production of Mitsubishi 4-wheel vehicles reaches 20 million.
  • DIAMANTE, SIGMA and GTO passenger models launched in Japan.
  • DIAMANTE/SIGMA presented 1990-91 Japan Car ofthe Year award.
    1991
  • Mitsubishi 3000GT (GTO in Japan) named 1991 Import Car of the Year by Motor Trend Magazine in the U.S.
  • Colt T12OSS model, jointly developed with Suzuki Motors, launched in Indonesia.
  • Cumulative production of Mitsubishi mini-cars reaches five million.
  • Company signs agreement with the Dutch State and Volvo Car Corp. to establish the Netherlands Car B.V. (NedCar) joint-venture company.
  • Cumulative Japanese market sales of the CANTER truck reach one million.
  • Company purchases all Chrysler-owned shares in Diamond-Star Motors.
  • PAJERO presented with special award by the Japan Car of the Year Committee.
    1992
  • Cumulative sales of Proton SAGA reach 300,000.
  • INVECS fuzzy logic vehicte handling control system introduced in Japan.
  • New GALANT and ETERNA passenger models launched in Japan.
  • LIBERO and LIBERO CARGO models launched in Japan.
  • New FUSO FIGHTER truck introduced in Japan (first model change in eight years).
  • MIVEC (Mitsubishi Innovative Valve timing and Iifi Electtonic Control System) engineinhoducedin Japan.
  • EMERAUDE passenger model launched in Japan.
  • DSM cumulative production reaches 500,000.
  • PAJERO presented Golden Steering Wheel award by German motoring magazine.
  • Mitsubishi Motors Europe Design Studio inaugurated.
    1993
  • Company publishes Design-In and Creating Together guidelines for overseas patts suppliers.
  • LIBERO EV electric vehicle developed.
  • Mitsubishi Motors Europe B.V. restructured with establishment of Mitsubishi Motor Sales Europe (MMSE), Mitsubishi Motor Marketing Research Europe GmbH (MMRE) and Mitsubishi Motors R&D Europe GmbH (MRDE).
  • New Mitsubishi Motors officers elected: president Hirokazu Nakamura.
  • Chrysler sells all its Mitsubishi Motors shares.
  • Company sets up Enviromental Council.
  • Inauguration of new plant at Mitsubishi Motors Bus Manufacturing. Cumulative production at Mizushima Motor Vehicle Works tops 15 million.
    1994
  • Cumulative motor vehicle production since end of WWII tops 25 million.
  • Cumulative engine production at Kyoto Works tops 25 million.
  • DELICA SPACE GEAR launched in Japan.
  • New CANTER small truck launched in Japan.
  • New AERO QUEEN ll and AERO QUEEN III luxury coaches launched in Japan.
  • Production of Mitsubishi ECLIPSE and Chrysler TALON sport specialty models starts at DSM.
  • Vina Star Motors Corporation, a joint-venture between Mitsubishi Motors Mitsubishi Corporation, PROTON and the Vietnamese state organization VIETRANS CIMEX formed in Vietnam to assembfe a DELICA-based mmi-bus.
  • INVECS-II & Sport Mode Automatic Transmission developed.
  • FTO sports model launched in Japan.
  • FTO chosen 1994-95 Japan Car of the Year.
  • FH, FK and FM truck models built by Mitsubishi Motors and sold by Mitsubishi Fuso Truck of America, Inc. ranked the best cab-over trucks in the medium-duty category in the J.D. Powers and Associates 1994 Medium-Duty Customer Satisfaction Index (USA).
  • PAJERO MINI launched in Japan
  • THE GREAT Z-SERIES large-size truck series-tailored to new gross vehicle weight regulations-launched in Japan.
  • V6 2.5-liter MVV lean burn engine developed.
    1995
  • Mitsubishi CARISMA, NedCar production model fur the European market, exhibited at Amsterdam Motor Show.
  • NEW DIAMANTE launched in Japan.
  • PROTON of Malaysia launches PERDANA new model.
  • LANCER EVOLUTION II takes first and second places overall in 44th Swedish Rally.
  • Company supplies two hybrid electric vehicles to the Califomia Air Resource Board under a vehicle testing agreement.
  • Ceremonies held to mark opening of Europe Parts Center.
  • Production of Mitsubishi CARISMA starts at NedCar, Holland.
  • In-cylinder Direct Injection Gasoline engine developed.

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