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Mitsubishi
Motors became Japan's first volume car producer with the 1917 Model A.
Initially Mitsubishi focused on commercial truck production, but by 1964 the
model line had expanded into a complete range of passenger vehicles. In 1970
an independent automotive company was established: Mitsubishi Motors
Corporation (MMC). In March 2000, MMC and DaimlerChrysler reached a strategic
alliance for passenger cars. In May 2004 Mitsubishi Motors launched its
business revitalization plan, which lays out a plan for the company's future
growth.
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