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Mitsubishi Motors Announces Production, Sales and Exports for November 2004

Tokyo, December 24, 2004  — Mitsubishi Motors Corporation (MMC) today announced production, domestic sales and export results for November 2004. Global production in November totaled 112,877 units, a decrease of 4.2 percent compared to the same month last year.

Output in Japan slipped 13.7 percent to 53,668 units. Offshore production reached 59,209 units, an increase of 6.3 percent. By region, production in Asia increased 22 percent to 37,086 vehicles, North American output declined by 42.1 percent to 5,970 units, while European production inched up to 11,970 units, for an improvement of 9.6 percent.

Sales in Japan declined 33.5 percent on year to 17,638 units. Of this, registrations, which exclude 660cc minicars, declined to 5,944 units, or a 27.7 percent decrease from the previous year. Minicar sales also were down from last year to 11,694 units, or 36.1 percent less.

Exports from Japan dropped in November to 25,714 units or 30 percent below last year's figures. By region, exports to Europe tumbled by 42.3 percent to 5,571 units, while exports to North America declined sharply by 71.3 percent, for a total of 3,104 units. Shipments to Asia also slowed, 20 percent down on last year at 3,447 units shipped.

November 2004 Fiscal Year
2004
('04/4-'04/11)
Calendar Year
2004
('04/1-'04/11)
Volume YoY
Chg.
(%)
Volume YoY
Chg.
(%)
Volume YoY
Chg.
(%)
Domestic
Production
Passenger Cars
Commercial Vehicles
43,209
10,459
82.6
106.1
321,619
63,317
77.3
90.3
492,502
98,254
83.0
102.4
Total 53,668 86.3 384,936 79.2 590,756 85.7
Domestic
Sales *
Passenger
Cars
Registrations
Minicars
4,566
6,017
70.7
55.0
28,036
51,490
42.9
56.6
58,152
102,135
53.6
73.0
Total 10,583 60.8 79,526 50.8 160,287 64.6
Commercial
Vehicles
Registrations
Minicars
1,378
5,677
78.2
77.2
9,972
37,331
75.2
76.1
17,724
58,710
89.6
84.8
Total 7,055 77.4 47,303 76.0 76,434 85.8
Registrations Total 5,944 72.3 38,008 48.3 75,876 59.2
Minicars Total 11,694 63.9 88,821 63.4 160,845 76.9
Grand Total 17,638 66.5 126,829 58.0 236,721 70.2
Exports Passenger Cars
Commercial Vehicles
24,906
808
70.3
60.7
229,103
9,113
98.7
94.2
314,908
13,795
94.7
101.5
Total 25,714 70.0 238,216 98.6 328,703 95.0
 
Production Domestic Production
Overseas Production
53,668
59,209
86.3
106.3
384,936
535,150
79.2
98.4
590,756
717,826
85.7
93.0
Total 112,877 95.8 920,086 89.3 1,308,582 89.5