

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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