Mitsubishi-Carworld Inc.

Carworld, the LausGroup's flagship company, was founded in 1978, the very first business venture by a then neophyte Levy P. Laus, who had been a banker before he decided to be his own boss. It began as an allied dealer of different automobile brands housed in a small showroom situated in San Agustin, San Fernando , Pampanga. Carworld started out with five employees.

In 1986, the company became Mitsubishi-Carworld Inc., as Mitsubishi Motors Philippines Corporation turned it into its franchised dealer, and thus began a fruitful partnership with the Japanese automotive giant.

The Head Office and Showroom of Carworld, now located along Jose Abad Santos Avenue in the City of San Fernando, is a world-class edifice recognized as the largest Mitsubishi showroom in Asia . It is also an officially recognized landmark. Mitsubishi-Carworld now has branches in Olongapo City (established 1981); Tarlac City, Tarlac (1982); and in Malolos (1994) and Marilao (1997), Bulacan.