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| Mitsubishi Motors Announces Production, Sales and Exports for January 2005 |
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Tokyo, February 24, 2005
— Mitsubishi Motors Corporation today announced production, domestic sales and export results for January 2005.
Total global production was 101,937 units, a decline of 11 percent from January 2004. Domestically, 50,308 units were produced in the month, 16.2 percent less than the same period last year. Commercial vehicle production saw a 1.8 percent rise, but the overall figure fell due to lowered output of passenger cars.
Sales in Japan tallied 16,011 units, 81.7 percent compared to the previous year, a figure that exceeds the targeted goal of 70 percent of last year's sales for the month. Sales for registrations have increased over the last year for the first time in 14 months since November 2003 to 7,374 units, a 2.4 percent increase. This was driven by good results for the Colt series, which totaled 4,933 units.
Overseas production for the month was relatively stable, reaching 51,629 units, or 94.8 percent of the amount manufactured last year. European production almost doubled year-on-year, increasing by 95.7 percent to 6,167 units, while Asian production remained steady at 37,439, or 103.3 percent of last year's figure for January. Production in North America, which was adjusted in late 2004, reduced by 54.4 percent to 5,670 units.
Exports from Japan were off by 18.2 percent at 22,249 units. Exports to Europe resulted in 6,157 units, a year-on-year decrease of 36.1 percent. Exports to Asia were down by 34.1 percent, for a total of 3,239 units, while exports to North America reached 2,137 units, or 73.3 percent compared to the year before.
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January
2005 |
Fiscal Year
2004
('04/4-'05/1) |
Calendar Year
2005
('05/1) |
| Volume |
YoY
Chg.
(%) |
Volume |
YoY
Chg.
(%) |
Volume |
YoY
Chg.
(%) |
Domestic
Production |
Passenger Cars |
41,854 |
80.9 |
403,454 |
77.6 |
41,854 |
80.9 |
| Commercial Vehicles |
8,454 |
101.8 |
80,917 |
93.8 |
8,454 |
101.8 |
| Total |
50,308 |
83.8 |
484,371 |
79.9 |
50,308 |
83.8 |
Domestic
Sales * |
Passenger
Cars |
Registrations |
6,140 |
108.8 |
39,376 |
49.2 |
6,140 |
108.8 |
| Minicars |
5,373 |
64.5 |
64,071 |
56.9 |
5,373 |
64.5 |
| Total |
11,513 |
82.4 |
103,447 |
53.7 |
11,513 |
82.4 |
Commercial
Vehicles |
Registrations |
1,234 |
79.1 |
12,478 |
75.1 |
1,234 |
79.1 |
| Minicars |
3,264 |
80.3 |
45,415 |
77.3 |
3,264 |
80.3 |
| Total |
4,498 |
80.0 |
57,893 |
76.8 |
4,498 |
80.0 |
| Registrations Total |
7,374 |
102.4 |
51,854 |
53.6 |
7,374 |
102.4 |
| Minicars Total |
8,637 |
69.7 |
109,486 |
63.9 |
8,637 |
69.7 |
| Grand Total |
16,011 |
81.7 |
161,340 |
60.2 |
16,011 |
81.7 |
| Exports |
Passenger Cars |
21,403 |
81.8 |
283,295 |
94.2 |
21,403 |
81.8 |
| Commercial Vehicles |
846 |
81.2 |
11,528 |
95.9 |
846 |
81.2 |
| Total |
22,249 |
81.8 |
294,823 |
94.2 |
22,249 |
81.8 |
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| Production |
Domestic Production |
50,308 |
83.8 |
484,371 |
79.9 |
50,308 |
83.8 |
| Overseas Production |
51,629 |
94.8 |
642,473 |
97.7 |
51,629 |
94.8 |
| Total Production |
101,937 |
89.0 |
1,126,844 |
89.2 |
101,937 |
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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