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| Mitsubishi Motors Announces Production, Domestic Sales, Exports for July 2004 |
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Tokyo, August 26, 2004
— Mitsubishi Motors Corporation (MMC) today announced production, domestic sales and export results for July 2004.
Global production in July totaled 130,523 units, a decrease of 4.6 percent compared to the same month last year.
Output in Japan slipped 17.7 percent to 53,307 units. Offshore production, meanwhile, gained 7.2 percent on year to 77,216 units. By region, production in Asia increased for the first time in two months, growing 5.7 percent to 51,260 vehicles. European production continued to see strong growth, surging 82.4 percent to 12,324 units as production of the new Mitsubishi Colt for Europe continued to pick up speed. North American output, however, declined in July by 9.7 percent to 10,285 units.
Sales in Japan declined 52.2 percent on year to 15,862 units. Of this, registrations, which exclude 660cc minicars, declined 60.1 percent to 4,711, while minicar sales slipped 47.8 percent on year to 11,151 units. MMC's share of the domestic market in July was 3.1 percent, down from 6.3 percent in July last year.
Exports from Japan grew for the fourth consecutive month in July, gaining 14.4 percent on year to finish at 35,613 units. By region, exports to Asia shot up 93.2 percent on year to 7,470, exports to North America declined 18.2 percent to 4,176 and shipments to Europe were off 22.6 percent at 10,205 units.
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July 2004 |
Fiscal Year
2004
('04/4-'04/7) |
Calendar Year
2004
('04/1-'04/7) |
| Volume |
YoY
Chg.
(%) |
Volume |
YoY
Chg.
(%) |
Volume |
YoY
Chg.
(%) |
Domestic
Production |
Passenger Cars |
45,945 |
83.6 |
171,436 |
87.2 |
342,319 |
91.5 |
| Commercial Vehicles |
7,362 |
75.1 |
32,020 |
102.9 |
66,957 |
117.5 |
| Total |
53,307 |
82.3 |
203,456 |
89.4 |
409,276 |
95.0 |
Domestic
Sales * |
Passenger
Cars |
Registrations |
3,461 |
34.9 |
14,279 |
39.8 |
44,395 |
56.3 |
| Minicars |
6,216 |
43.2 |
26,154 |
57.8 |
76,799 |
81.6 |
| Total |
9,677 |
39.8 |
40,433 |
49.9 |
121,194 |
70.1 |
Commercial
Vehicles |
Registrations |
1,250 |
66.4 |
5,289 |
80.6 |
13,041 |
99.7 |
| Minicars |
4,935 |
70.7 |
19,089 |
79.9 |
40,468 |
91.7 |
| Total |
6,185 |
69.7 |
24,378 |
80.1 |
53,509 |
93.5 |
| Registrations Total |
4,711 |
39.9 |
19,568 |
46.2 |
57,436 |
62.5 |
| Minicars Total |
11,151 |
52.2 |
45,243 |
65.5 |
117,267 |
84.8 |
| Grand Total |
15,862 |
47.8 |
64,811 |
58.1 |
174,703 |
75.9 |
| Exports |
Passenger Cars |
34,315 |
114.3 |
112,632 |
110.3 |
198,437 |
98.0 |
| Commercial Vehicles |
1,298 |
116.8 |
4,298 |
91.1 |
8,980 |
104.0 |
| Total |
35,613 |
114.4 |
116,930 |
109.5 |
207,417 |
98.2 |
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| Production |
Domestic Production |
53,307 |
82.3 |
203,456 |
89.4 |
409,276 |
95.0 |
| Overseas Production |
77,216 |
107.2 |
288,085 |
97.7 |
470,761 |
90.1 |
| Total |
130,523 |
95.4 |
491,541 |
94.1 |
880,037 |
92.3 |
* Includes imports
| N.B. |
Figures exclude truck and bus units as MMC's truck and bus operations were spun off into Mitsubishi Fuso Truck and Bus Corporation in January 2003. |
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