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| Mitsubishi Motors Announces Production, Sales and Exports for February 2005 |
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Tokyo, March 28, 2005
— Mitsubishi Motors Corporation today announced production, domestic sales and export results for February 2005.
Total global production was 109,073 units, a decline of 13.8 percent from February 2004. Domestically, 54,135 units were produced in the month, 19.3 percent less than the same period last year.
Sales in Japan were 21,388 units, 70.1 percent compared to the previous year, a figure that exceeds the targeted goal of 70 percent of last year's sales for the month. Although total sales for passenger cars were 14,209 units, 63.4 percent of last year's volume, total commercial vehicle sales remained relatively stable, reaching 7,179 units, or 88.5 percent year-on-year.
Overseas production for the month was 54,938 units, or 92.5 percent of the amount manufactured last year. European production boosted to 6,692 units, an 87.2 percent increase from the previous year, while Asian production remained steady at 37,688, or 96.3 percent of last year's figure for February. Production in North America reduced by 41.2 percent to 7,082 units.
Total exports from Japan slightly reduced by 1.1 percent to 28,788 units. Exports to Europe resulted in 8,621 units, a year-on-year decrease of 18.3 percent. Exports to Asia were down by 60.5 percent, for a total of 2,165 units, while exports to North America more than doubled, reaching 6,899 units, or 229.6 percent compared to the year before.
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February
2005 |
Fiscal Year
2004
('04/4-'05/2) |
Calendar Year
2005
('05/1-'05/2) |
| Volume |
YoY
Chg.
(%) |
Volume |
YoY
Chg.
(%) |
Volume |
YoY
Chg.
(%) |
Domestic
Production |
Passenger Cars |
43,892 |
77.3 |
447,346 |
77.6 |
85,746 |
79.0 |
| Commercial Vehicles |
10,243 |
99.3 |
91,160 |
94.4 |
18,697 |
100.4 |
| Total |
54,135 |
80.7 |
538,506 |
80.0 |
104,443 |
82.1 |
Domestic
Sales * |
Passenger
Cars |
Registrations |
3,909 |
53.7 |
43,285 |
49.6 |
10,049 |
77.8 |
| Minicars |
10,300 |
68.1 |
74,371 |
58.3 |
15,673 |
66.8 |
| Total |
14,209 |
63.4 |
117,656 |
54.7 |
25,722 |
70.7 |
Commercial
Vehicles |
Registrations |
1,813 |
84.6 |
14,291 |
76.2 |
3,047 |
82.3 |
| Minicars |
5,366 |
89.9 |
50,781 |
78.4 |
8,630 |
86.0 |
| Total |
7,179 |
88.5 |
65,072 |
77.9 |
11,677 |
85.0 |
| Registrations Total |
5,722 |
60.7 |
57,576 |
54.3 |
13,096 |
78.8 |
| Minicars Total |
15,666 |
74.3 |
125,152 |
65.1 |
24,303 |
72.6 |
| Grand Total |
21,388 |
70.1 |
182,728 |
61.2 |
37,399 |
74.6 |
| Exports |
Passenger Cars |
27,844 |
101.1 |
311,139 |
94.8 |
49,247 |
91.7 |
| Commercial Vehicles |
944 |
60.9 |
12,472 |
91.9 |
1,790 |
69.1 |
| Total |
28,788 |
98.9 |
323,611 |
94.6 |
51,037 |
90.6 |
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| Production |
Domestic Production |
54,135 |
80.7 |
538,506 |
80.0 |
104,443 |
82.1 |
| Overseas Production |
54,938 |
92.5 |
697,411 |
97.3 |
106,567 |
93.6 |
| Total Production |
109,073 |
86.2 |
1,235,917 |
88.9 |
211,010 |
87.5 |
* 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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