04-18-2006, 08:32 PM
In October 1985, the two parent companies officially incorporated Diamond Star Motors as a way for each company to benefit from the other's strengths. Shortly afterward in April 1986, ground was broken on a 1.9 million square-foot (177,000 m┬▓) production facility in Normal, Illinois. The plant was finished in March 1988 and could produce 240,000 new vehicles each year.
The later history of DSM is complicated by the shifting relations of its two corporate parents. Chrysler actually allowed Mitsubishi to purchase its equity stake in the factory as early as 1991. Manufacturing of Chrysler vehicles was after that by contract only, and periodic rumors persisted that the contract might not be renewed. Diamond Star Motors was officially renamed to Mitsubishi Motor Manufacturing of America, Inc. on July 1, 1995.
The Galant sedan was Mitsubishi's own design, carried over from Japan. The Talon, Eclipse, and Laser (referred to as DSMs or occasionally TELs) were smaller 2+2 sports cars.
The later history of DSM is complicated by the shifting relations of its two corporate parents. Chrysler actually allowed Mitsubishi to purchase its equity stake in the factory as early as 1991. Manufacturing of Chrysler vehicles was after that by contract only, and periodic rumors persisted that the contract might not be renewed. Diamond Star Motors was officially renamed to Mitsubishi Motor Manufacturing of America, Inc. on July 1, 1995.
The Galant sedan was Mitsubishi's own design, carried over from Japan. The Talon, Eclipse, and Laser (referred to as DSMs or occasionally TELs) were smaller 2+2 sports cars.
2020 Ford Raptor
2009 Z06
1986.5 Porsche 928S
2009 Z06
1986.5 Porsche 928S