What is the relationship between Mitsubishi and Wuling?
1 Answers
Mitsubishi and Wuling are not related. The following is a related introduction to Mitsubishi and Wuling: 1. Origin: The Mitsubishi Group is a loose entity jointly formed by companies after the dissolution of the former Japanese Mitsubishi zaibatsu. The Wuling automobile brand was born in 1985, embodying the spirit of "hard work and self-improvement" of the enterprise. The "Wuling" text and graphic trademarks were awarded "China Well-known Trademarks". 2. Historical evolution: The first Mitsubishi enterprise was the Nagasaki Shipyard, which was taken over by Yataro Iwasaki in 1870 and officially operated by Japan. In 1873, the shipyard was renamed Mitsubishi Shokai. Subsequently, Mitsubishi began to engage in mining, shipbuilding, banking, insurance, warehousing and trade, and later expanded into paper, steel, glass, electrical equipment, aircraft, oil and real estate. Wuling Group was established in 1996. In 2002, through asset restructuring and deepening reforms, Wuling Group achieved a "three-party cooperation" with SAIC Group and General Motors of the United States with all its vehicle businesses, establishing SAIC-GM-Wuling Automobile Co., Ltd. In September 2007, Wuling Group achieved a joint venture with Hong Kong Junshan Wuling Group Co., Ltd. in the fields of parts, engines and special vehicles, establishing the Sino-foreign joint venture "Liuzhou Wuling Automobile Industry Co., Ltd.", which was another important asset restructuring after the three-party cooperation in 2002.