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Mitsubishi Motors Announces Production, Sales And Export Figures For July 2008 - (Global)

August 28th, 2008



Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for July 2008.

    * Production: total and in Japan
      Total global production came in at 113,538 units, a decline of 0.9 percent over July 2007 and the fifth consecutive monthly decrease since March. Production volume in Japan at 74,909 units was up 11.1 percent as a 12.1 percent increase in passenger car and 4.0 percent rise in commercial vehicle output saw the 22nd consecutive month of year-on-year growth and a new record for July since Mitsubishi Motors spun off its truck and bus operations in 2003. This growth was driven principally by a 53.5 percent increase in output (16,232 units) of the New Outlander, which continues to sell briskly in European and Chinese markets, and by a 18.0% increase (27,585 units) in output of the Lancer on the back of strong sales in Russia, North America and Middle East & African markets.

    * Sales in Japan
      Vehicle sales in Japan in July totaled 15,393 units, a 9.2 percent decrease year-on-year and the 11th consecutive monthly decline since September 2007. Passenger car (registrations and mini-car) sales of 11,335 units and commercial vehicle sales of 4,058 units were 9.2 percent and 9.3 percent down respectively on the same month last year. Highlights for the month included an 11 percent and a 9.4 percent increase in sales of the Colt series and of the Pajero Mini respectively.

    * Production overseas
      Overseas production volume totaled 38,629 units, 18.1 percent down over July last year and the fifth consecutive monthly decline. By region, in Asia output at MMPC*1 in the Philippines and at KRM*2 in Indonesia rose by 17.8 percent and 59.6 percent respectively. In North America output at 4,244 units was 26.0 percent down as production levels were adjusted for slow sales in the U.S.
      *1 MMPC: Mitsubishi Motors Philippines Corporation
      *2 KRM: P.T. Krama Yudha Ratu Motors

    * Export shipments from Japan
      Total exports from Japan of 47,119 units were 5.0 percent up on July 2007, marking the 21st consecutive month of year-on-year increases and setting a new record for July since Mitsubishi Motors spun off its truck and bus operations in 2003. Exports to Europe at 19,751 units were 6.5 percent up on July2007 buoyed by continuing strong sales in the Ukraine and Russia.

July 2008 Fiscal Year 2008
('08/04 - '08/7)
Calendar Year 2008
('08/01-'08/07)
Volume YoY (%) Volume YoY (%) Volume YoY (%)
Domestic
Production
Passenger Cars 66,203 112.1 244,096 108.4 405,557 111.6
Commercial Vehicles 8,706 104.0 26,569 100.5 43,288 97.9
Total 74,909 111.1 270,665 107.5 448,845 110.1
Passenger
Cars
Registrations 5,521 93.8 17,297 83.2 36,574 90.7
Minicars 5,814 88.2 22,132 86.5 44,760 84.2
Total 11,335 90.8 39,429 85.0 81,334 87.0
Domestic
Sales *
Commercial
Vehicles
Registrations 405 72.2 1,705 81.2 2,834 83.9
Minicars 3,653 93.3 13,469 93.6 23,052 90.9
Total 4,058 90.7 15,174 92.0 25,886 90.0
Registrations Total 5,926 91.9 19,002 83.0 39,408 90.2
Minicars Total 9,467 90.1 35,601 89.1 67,812 86.4
Grand Total 15,393 90.8 54,603 86.9 107,220 87.7
Exports Passenger Cars 45,597 104.3 192,215 110.5 327,804 121.6
Commercial Vehicles 1,522 129.5 4,776 94.9 7,231 96.4
Total 47,119 105.0 196,991 110.0 335,035 120.9
 
Production Domestic Production 74,909 111.1 270,665 107.5 448,845 110.1
Overseas Production 38,629 81.9 151,715 78.4 242,318 84.7
Total 113,538 99.1 422,380 94.9 691,163 99.6

* Includes imports to Japan
* Excludes truck and bus units as MMC's truck and bus operations were spun off into Mitsubishi Fuso Truck and Bus Corporation in January 2003.
 * Effective from October 2006, "Delica Wagon" and "Pajero" (also "Montero" or "Shogun") figures which used to be included in the Commercial Vehicles category are now included in Passenger Cars category.

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