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Mitsubishi Motors Announces Production, Sales and Exports for June and 1st Half of 2005

Tokyo, July 28, 2005  — Mitsubishi Motors Corporation today announced production, domestic sales and export results for June 2005 and the six months to June 30, 2005.
June 2005 results


Total global production was 119,720 units, a decline of 5.9 percent from June 2004. Domestically, 55,586 units were produced in the month, 3.3 percent more than the same period last year.

Total Sales in Japan increased year-on-year for two consecutive months, to 18,845 units, or 104.7 percent of the previous period's figure. Total sales for passenger cars were 11,967 units, 107.6 percent of last year's volume, while commercial vehicle sales remained stable, reaching 6,878 units, or 100.1 percent year-on-year.

Overseas production for the month decreased to 64,134 units, or 87.4 percent of the amount manufactured last year. European production dropped to 8,022 units, or 68.2 percent of the previous year. Production in Asia declined to 44,346 units, or 95.7 percent of last year's figure for June. Production in North America also fell 26.4 percent to 7,379 units.

Total exports from Japan increased by 9.4 percent to 31,300 units. Exports to Europe reached 14,281 units, or 116.3 percent year-on-year. Exports to Asia were down by 54.3 percent, for a total of 2,995 units, while exports to North America also decreased to 1,856 units, or 83.6 percent compared to the year before.


January to June 2005 results


Global production for the six months ended June 30, 2005 totaled 659,899 units, a decline of 12 percent from the same period last year. In Japan, 305,638 units were produced in the first half, or 14.1 percent less than the year before.

Total Sales in Japan were off 18.8 percent on year to 128,946 units. Total sales for passenger cars were 85,239 units, 76.4 percent of last year's volume, while commercial vehicles sold 43,707 units, or 92.4 percent year-on-year.

Overseas production for the period decreased to 354,261 units, or 10 percent less than the amount manufactured last year. European production dropped to 37,765 units, or 97.2 percent of that for the previous year. Production in Asia declined to 255,433 units, or 98.4 percent of last year's figure for the period. Production in North America also fell 41.9 percent to 39,592 units.

Total exports from Japan declined 8.1 percent to 157,934 units. Exports to Europe and North America dropped 11.8 percent and 3.8 percent to 53,792 units and 18,515 units, respectively. Exports to Asia also were down by 48.3 percent, for a total of 18,675 units.
June
2005
Fiscal Year
2005
('05/4-6)
Calendar Year
2005
('05/1-6)
Volume YoY
Chg.
(%)
Volume YoY
Chg.
(%)
Volume YoY
Chg.
(%)
Domestic
Production
Passenger Cars 46,979 102.5 119,351 95.1 253,082 85.4
Commercial Vehicles 8,607 107.3 21,131 85.7 52,556 88.2
Total 55,586 103.3 140,482 93.6 305,638 85.9
Domestic
Sales *
Passenger
Cars
Registrations 4,549 127.4 10,719 99.1 32,019 78.2
Minicars 7,418 98.2 19,012 95.4 53,220 75.4
Total 11,967 107.6 29,731 96.7 85,239 76.4
Commercial
Vehicles
Registrations 1,553 118.1 4,037 100.0 10,349 87.8
Minicars 5,325 95.9 13,805 97.5 33,358 93.9
Total 6,878 100.1 17,842 98.1 43,707 92.4
Registrations Total 6,102 124.9 14,756 99.3 42,368 80.4
Minicars Total 12,743 97.2 32,817 96.3 86,578 81.6
Grand Total 18,845 104.7 47,573 97.2 128,946 81.2
Exports Passenger Cars 30,082 109.0 76,940 98.2 152,679 93.0
Commercial Vehicles 1,218 120.0 2,525 84.2 5,255 68.4
Total 31,300 109.4 79,465 97.7 157,934 91.9
 
Production Domestic Production 55,586 103.3 140,482 93.6 305,638 85.9
Overseas Production 64,134 87.4 177,805 84.3 354,261 90.0
Total Production 119,720 94.1 318,287 88.2 659,899 88.0
* 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.