page_title: Mitsubishi Motors Philippines
section_title: History
hierarchical_section_title: Mitsubishi Motors Philippines / History
caption_attribution_description: A Mitsubishi Motors Philippines plant in Ortigas Ext., Cainta, Rizal, used from 1963 to 2014.
context_page_description: Mitsubishi Motors Philippines Corporation is the Philippine operation of Mitsubishi Motors Corporation, where it is the second-biggest seller of automobiles. MMPC is one of MMC's four manufacturing facilities outside Japan, and currently produces the Mitsubishi Mirage,
  Mirage G4, and the L300. From 1987 to 2018, MMPC was the distributor of Mitsubishi Fuso commercial vehicles in the Philippines until Sojitz Fuso Philippines Corporation was established in September 2018. The company's slogan is "Drive your Ambition", which has been part of Mitsubishi Motors' global rebranding since 2018.
  The company was incorporated in 1987 as Philippine Automotive Manufacturing Corporation and was renamed Mitsubishi Motors Philippines Corporation in 1996.
context_section_description: The company's predecessor, Canlubang Automotive Resources Corporation (CARCO), was originally established as Chrysler Philippines Corporation in 1963 as the assembler and distributor of Chrysler, Dodge and Plymouth cars in the Philippines. In May 1972, C.J. Yulo & Sons acquired 65% interest in Chrysler Philippines Corporation, with the balance 35% being acquired by Mitsubishi Motors Corporation (MMC) and Nissho Iwai Corporation (now Sojitz Corporation). In 1974, the company began introducing Mitsubishi cars in the Philippines. In 1978, the company was renamed Canlubang Automotive Resources Corporation (CARCO). In 1985, MMC and Nissho Iwai Corporation (now known as Sojitz Corporation) acquired full ownership of CARCO from the Yulo group. 
  In January 1987, Philippine Automotive Manufacturing Corporation (PAMCOR) was incorporated by MMC and Nissho Iwai to formally take over the operations and business activities of CARCO. In April 1996, MMC became the majority shareholder (51%) of PAMCOR after it acquired 1% of Nissho Iwai's share in the company. In August 1996, PAMCOR was renamed Mitsubishi Motors Philippines Corporation (MMPC).
  On June 1, 2018, Sojitz Corporation (formerly Nissho Iwai Corporation) completed its divestment from MMPC with the acquisition of its 49% stake in MMPC by MMC. As a result, MMPC becomes a 100% wholly owned subsidiary of MMC.
  On November 22, 2018, Mitsubishi Fuso Truck and Bus Corporation announced that Sojitz Fuso Philippines Corporation would take over from MMPC as the general distributor of Fuso products in the Philippines effective the first quarter of 2019.
caption: Former Mitsubishi Motors plant in Cainta, Rizal from 1963 to 2014, also markets the L300, Lancer EX, Mirage and Montero Sport. It was transferred its production site to its current location in Santa Rosa, Laguna since 2015.
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