History
- 1932: First B46 bus built and christened "Fuso" at Mitsubishi Shipbuilding Co., Ltd.'s Kobe Works.
- 1934: Mitsubishi Shipbuilding Co., Ltd. renamed Mitsubishi Heavy Industries Co., Ltd.
- 1937: MHI motor vehicle operations at Kobe Works transferred to Tokyo Works.
- 1949: Fuso Motors Sales Co., Ltd. established. (Renamed Mitsubishi Fuso Motors Sales Co., Ltd. in 1952)
- 1950: Mitsubishi Heavy Industries is split into three companies: East Japan Heavy Industries, Ltd., Central Japan Heavy Industries, Ltd. and West Japan Heavy Industries, Ltd.
- 1952: Central Japan Heavy Industries, Ltd. renamed Shin Mitsubishi Heavy Industries, Ltd.; West Japan Heavy Industries, Ltd. renamed Mitsubishi Shipbuilding and Engineering Co., Ltd., East Japan Heavy Industries, Ltd. renamed Mitsubishi Nippon Heavy Industries, Ltd.
- 1957: MNHI integrates Tokyo and Kawasaki Works into the Tokyo Motor Vehicle Works.
- 1964: Mitsubishi Nippon Heavy Industries, Ltd., Shin Mitsubishi Heavy Industries, Ltd. and Mitsubishi Shipbuilding and Engineering Co., Ltd. merged to form Mitsubishi Heavy Industries, Ltd. Mitsubishi Fuso Motors and Shin Mitsubishi Motors Sales Co. merge to form Mitsubishi Motors Sales Co.
- 1970: MHI signs joint venture agreement with Chrysler Corporation. Mitsubishi Motors Corporation (MMC) established. MHI transfers motor vehicle operations to MMC.
- 1975: MMC commissions Nakatsu Plant at its Tokyo Motor Vehicle Works.
- 1980: MMC commissions Kitsuregawa Proving Grounds.
- 1982: Fuso brand celebrates 50th anniversary.
- 1984: MMC merges with Mitsubishi Motor Sales Co., Ltd.
- 1985: MMC and Mitsubishi Corporation establish joint-equity company Mitsubishi Truck of America, Inc. in the United States.
- 1993: MMC and Chrysler Corporation dissolve equity partnership.
- 1999: MMC and AB Volvo enter equity and operational alliance covering truck and bus operations. AB Volvo acquires 5% of MMC stock.
- 2001: DaimlerChrysler replaces AB Volvo as MMC's strategic alliance partner in the truck and bus sector. MMC renames Tokyo Plant the Truck and Bus Production Office (referred to externally as the Kawasaki Plant).
- 2003: Mitsubishi Fuso Truck and Bus Corporation established. DaimlerChrysler, Mitsubishi Motors Corporation and other Mitsubishi group companies acquire equity stakes of 43%, 42% and 15% respectively in MFTBC.
- 2004: Daimler AG, Mitsubishi Motors Corporation and Mitsubishi group companies hold shares of 65%, 20% and 15% respectively as MMC sold part of its MFTBC shares to Daimler AG, then DaimlerChrysler.
- 2005: Mitsubishi Motors Corporation transferred rest of its MFTBC shares to DaimlerChrysler as a major part of the agreement of compensation for financial damages resulting from quality issues and recalls at MFTBC. Daimler AG, then DaimlerChrylser and Mitsubishi group companies hold shares of 85% and 15% respectively
- 2006: MFTBC relocated the headquarters from Tokyo to Kawasaki-shi, Kanagawa.
- 2007: Mitsubishi Fuso celebrates the 75th anniversary of the Fuso brand name. DaimlerChrysler sells a majority stake of Chrysler Corporation to Cerberus Capital Management. The corporation is renamed Daimler AG and subsequently, the former DaimlerChrysler Truck Group is renamed Daimler Trucks. MFTBC is an integral part of the Daimler Trucks Division of Daimler AG.
Read more about this topic: Mitsubishi Fuso Truck And Bus Corporation
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