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| Mitsubishi Motors Announces Production, Sales and Exports for October 2004 |
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Tokyo, November 25, 2004
— Mitsubishi Motors Corporation (MMC) today announced production, domestic sales and export results for October 2004. Global production in October totaled 112,185 units, a decrease of 15.7 percent compared to the same month last year.
Output in Japan slipped 27.8 percent to 47,327 units. Offshore production declined 3.9 percent on year to 64,858 units. By region, production in Asia increased 17.6 percent to 42,715 vehicles, North American output declined in October by 62.8 percent to 6,626 units, while European production surged ahead by 25.2 percent to 10,677 units.
Sales in Japan declined 39.1 percent on year to 13,315 units. Of this, registrations, which exclude 660cc minicars, declined 49.3 percent to 4,168, while minicar sales slipped 33.1 percent on year to 9,147 units. Including commercial vehicles, total domestic sales were at a level 60.9% that of last year, a figure that matches company forecasts.
Exports from Japan continued to grow through October, gaining 14.8 percent on year to finish at 33,242 units. By region, exports to Europe more than doubled at 115.9 percent over the previous year at 7,342 units, while exports to North America declined sharply by 65.8 percent, for a total of 3,560 units. Shipments to Asia showed robust growth, with an improvement of 60% year-on-year, to 6,131 units.
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October
2004 |
Fiscal Year
2004
('04/4-'04/10) |
Calendar Year
2004
('04/1-'04/10) |
| Volume |
YoY
Chg.
(%) |
Volume |
YoY
Chg.
(%) |
Volume |
YoY
Chg.
(%) |
Domestic
Production |
Passenger Cars |
38,043 |
69.8 |
278,410 |
76.5 |
449,293 |
83.0 |
| Commercial Vehicles |
9,284 |
83.5 |
52,858 |
87.7 |
87,795 |
102.0 |
| Total |
47,327 |
72.2 |
331,268 |
78.1 |
537,088 |
85.6 |
Domestic
Sales * |
Passenger
Cars |
Registrations |
3,018 |
47.1 |
23,470 |
39.8 |
53,586 |
52.6 |
| Minicars |
5,042 |
57.9 |
45,473 |
56.8 |
96,118 |
74.5 |
| Total |
8,060 |
53.3 |
68,943 |
49.6 |
149,704 |
64.8 |
Commercial
Vehicles |
Registrations |
1,150 |
63.6 |
8,594 |
74.8 |
16,346 |
90.7 |
| Minicars |
4,105 |
82.7 |
31,654 |
76.0 |
53,033 |
85.7 |
| Total |
5,255 |
77.6 |
40,248 |
75.7 |
69,379 |
86.8 |
| Registrations Total |
4,168 |
50.7 |
32,064 |
45.5 |
69,932 |
58.3 |
| Minicars Total |
9,147 |
66.9 |
77,127 |
63.4 |
149,151 |
78.2 |
| Grand Total |
13,315 |
60.9 |
109,191 |
56.8 |
219,083 |
70.5 |
| Exports |
Passenger Cars |
31,606 |
112.7 |
204,197 |
103.9 |
290,002 |
97.6 |
| Commercial Vehicles |
1,636 |
180.0 |
8,305 |
99.5 |
12,987 |
105.9 |
| Total |
33,242 |
114.8 |
212,502 |
103.7 |
302,989 |
98.0 |
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| Production |
Domestic Production |
47,327 |
72.2 |
331,268 |
78.1 |
537,088 |
85.6 |
| Overseas Production |
64,858 |
96.1 |
475,941 |
97.4 |
658,617 |
92.0 |
| Total Production |
112,185 |
84.3 |
807,209 |
88.5 |
1,195,705 |
89.0 |
* 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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