Mitsubishi 500 [SEP] manufacturer
Mitsubishi 500
The Mitsubishi 500 was the first passenger car produced after the Second World War by Shin Mitsubishi Heavy-Industries, Ltd, one of the companies which would become Mitsubishi Motors. It was built from 1960 until 1962 and formed the basis for Mitsubishi's next model, the Colt 600. It was exported in small numbers.
History.
First shown at the 1959 Tokyo Motor Show, it became available in 1960 at a cost of ¥390,000. It was powered by a rear mounted, air-cooled
. In February 2010, Japanese car manufacturer Mitsubishi officially proposed to the Bangladesh government to locally assemble the Mitsubishi Pajero Sport in collaboration with Pragoti. Operations commenced in August 2011, with an annual production output of around 500 units.
In 2009, the Malaysian Agate Group proposed to build a car manufacturing plant in Bangladesh in cooperation with Walton, which itself is preparing to produce motorcycles. In the same year, car manufacturing company TagAZ announced that they would build their third factory in Bangladesh, aiming for exporting. The plant is