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Mitsubishi's North American R&D facility in Ann Arbor, Michigan in 2010 2015 was a record setting year for MMNA, selling five million vehicles to date and 95,342 for the year in the United States, continuing a streak of 22 consecutive months of year-over-year sales increases and a 23 percent sales increase over the previous year.
Chrysler sold its equity stake to Mitsubishi in 1993, and Diamond-Star Motors was renamed Mitsubishi Motors Manufacturing America (MMMA) on July 1, 1995. [3] Despite the departure, the two companies have maintained various co-operative manufacturing agreements since and considered all vehicle produced until 1995 [ 9 ] as Diamond Star Motors.
Global Engine Alliance LLC, began as a joint venture of Chrysler, Mitsubishi Motors, and Hyundai Motor Company for developing a line of shared engines.. In September 2009, Chrysler purchased Mitsubishi and Hyundai's shares, after 5 years of allied research and development, making its Dundee, Michigan plant a wholly owned subsidiary of what was then Chrysler Group LLC.
Mitsubishi Motors went public in 1988, ending its status as the only one of Japan's 11 auto manufacturers to be privately held. Mitsubishi Heavy Industries agreed to reduce its share to 25%, retaining its position as largest single stockholder. Chrysler, meanwhile, increased its holding to over 20%.
Waterford Township (commonly known simply as Waterford) is a charter township in Oakland County in the U.S. state of Michigan. A northern suburb of Detroit, Waterford is located roughly 30 miles (48.3 km) northwest of downtown Detroit. As of the 2020 census, the township had a population of 70,565. [1]
FK and FM model Fusos were powered by a Mitsubishi 6M60 model 7.5L (460 cu.in.) single overhead cam (SOHC) in-line 6-cylinder water-cooled, turbocharged, intercooled diesel engine with four valves per cylinder. Engine output on all FK and FM models was 243 HP @ 2600 rpm and 516 lb.-ft. of torque at 1400 rpm.