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| Mitsubishi Motors Announces Production, Domestic Sales, Exports for August 2004 |
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Tokyo, September 27, 2004
— Mitsubishi Motors Corporation (MMC) today announced production, domestic sales and export results for August 2004.
Global production in August totaled 84,883 units, a decrease of 25.9 percent compared to the same month last year.
Output in Japan slipped 46.2 percent to 29,046 units. Offshore production declined 7.7 percent on year to 55,837 units. By region, production in Asia decreased 4.7 percent to 39,514 vehicles, North American output declined in August by 12.7 percent to 9,077 units, European production slipped 30.1 percent to 2,567 units.
Sales in Japan declined 45.2 percent on year to 10,143 units. Of this, registrations, which exclude 660cc minicars, declined 56.8 percent to 2,946, while minicar sales slipped 38.5 percent on year to 7,197 units. MMC's share of the domestic market in August was 2.8 percent, down from 5.2 percent in August last year.
Exports from Japan grew for the fifth consecutive month in August, gaining 3.7 percent on year to finish at 28,413 units. By region, exports to Europe shot up 51.7 percent on year to 10,910, exports to North America declined 16.6 percent to 4,277 and shipments to Asia were off 28.8 percent at 3,012 units.
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Aug-04 |
Fiscal Year
2004
('04/4-'04/8) |
Calendar Year
2004
('04/1-'04/8) |
| Volume |
YoY
Chg.
(%) |
Volume |
YoY
Chg.
(%) |
Volume |
YoY
Chg.
(%) |
Domestic
Production |
Passenger Cars |
25,580 |
52.3 |
197,016 |
80.3 |
367,899 |
87.0 |
| Commercial Vehicles |
3,466 |
67.9 |
35,486 |
98.0 |
70,423 |
113.4 |
| Total |
29,046 |
53.8 |
232,502 |
82.5 |
438,322 |
90.4 |
Domestic
Sales * |
Passenger
Cars |
Registrations |
2,041 |
35.6 |
16,320 |
39.3 |
46,436 |
54.9 |
| Minicars |
4,086 |
55.2 |
30,240 |
57.5 |
80,885 |
79.7 |
| Total |
6,127 |
46.6 |
46,560 |
49.4 |
127,321 |
68.4 |
Commercial
Vehicles |
Registrations |
905 |
83.0 |
6,194 |
81.0 |
13,946 |
98.4 |
| Minicars |
3,111 |
72.4 |
22,200 |
78.8 |
43,579 |
90.0 |
| Total |
4,016 |
74.5 |
28,394 |
79.3 |
57,525 |
91.9 |
| Registrations Total |
2,946 |
43.2 |
22,514 |
45.7 |
60,382 |
61.1 |
| Minicars Total |
7,197 |
61.5 |
52,440 |
64.9 |
124,464 |
83.0 |
| Grand Total |
10,143 |
54.8 |
74,954 |
57.6 |
184,846 |
74.3 |
| Exports |
Passenger Cars |
27,400 |
105.2 |
140,032 |
109.3 |
225,837 |
98.8 |
| Commercial Vehicles |
1,013 |
75.9 |
5,311 |
87.7 |
9,993 |
100.2 |
| Total |
28,413 |
103.7 |
145,343 |
108.3 |
235,830 |
98.9 |
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| Production |
Domestic Production |
29,046 |
53.8 |
232,502 |
82.5 |
438,322 |
90.4 |
| Overseas Production |
55,837 |
92.3 |
343,922 |
96.8 |
526,598 |
90.3 |
| Total Production |
84,883 |
74.1 |
576,424 |
90.5 |
964,920 |
90.3 |
* 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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