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GAC Mitsubishi Motors Co., Ltd. was a joint venture automobile manufacturing company headquartered in Changsha, China. [1] Established in 2012, it was the second vehicle manufacturing joint venture of Mitsubishi Motors in China after Soueast. The company was dissolved in 2023 as a joint venture and was acquired by GAC Aion. [2]
1960-1962 — NE19A — 0.5 L — The air-cooled 493 cc OHV twin-cylinder engine in the Mitsubishi 500, the first passenger car built by the company after the Second World War. Bore and stroke were 70.0 x 64.0 mm; 1961-1965 — NE35A — 0.6 L — a 594 cc iteration of the NE series, 72.0 x 73.0 mm.
The company sold 67,000 cars in the United States in 1987, but by the time the new factory came onstream the next year, it offered a capacity of 240,000 vehicles. With this new capacity, Mitsubishi made a fresh push to expand its U.S. operation in 1989, increasing its sales network by 40 percent to 340 dealerships and producing its first ...
As of 2019, Yulon Motor Group is the largest shareholder at over 40%, and China Motor is considered part of the Yulon Motor Group. 13.97% of the company is owned by Mitsubishi. [2] All of CMC's models are of Mitsubishi origins, adjusted to appeal to the Taiwanese market. Since 1995, CMC has invested in China's South East Motor Corporation.
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.
The company rolled out its first 7-seat SUV, the GS8, in 2016. [19] In January 2017, it premiered three new models at the Detroit Auto Show, the GS7, the GE3 and the EnSpirit plug-in hybrid concept. [20] In the same year, GAC Motor opened a R&D center in Silicon Valley. [21] It stepped into Russia in December 2019. [22]
In 2023 the company developed the first ammonia powered engine for cars. [24] [25] In November 2023, GAC Group and Huawei signed a cooperation agreement that GAC would create a new high-end electric brand in addition to Trumpchi, Aion and Hyptec, both sides will cooperate in product development, marketing and ecological services. [26]
Mitsubishi has been allied with PSA Group since 1999, after they agreed to co-operate on the development of diesel engines using the Japanese company's gasoline direct injection technology. [49] They united again in 2005 to develop the Peugeot 4007 and Citroën C-Crosser sport utility vehicles (SUVs), based on the Japanese company's Mitsubishi ...