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Mitsubishi Motors Announces Production, Sales and Exports for December 2005, Calendar Year 2005

Tokyo, January 26, 2006  — Mitsubishi Motors Corporation (MMC) today announced production, domestic sales and export results for December 2005 and for the calendar year 2005.

December 2005 results

Total global production was 113,334 units, an increase of 8.1 percent from December 2004. Domestically, 61,092 units were produced in the month, 24.4 percent more than the same period last year.

Total sales in Japan came to 19,487 units, or a 5.3 percent increase on the previous period's figure due to strong sales of the new SUV Outlander, which sold 3,594 units in December. This figure surpasses by 58.6 percent its monthly sales target of 2,000 units. Domestic sales have now increased year-on-year for eight consecutive months. Total sales for passenger cars were 14,122 units, 113.8 percent of last year's volume, while commercial vehicle sales decreased to 5,365 units, or 88.1 percent year-on-year.

Overseas production for the month decreased to 52,242 units, or 93.8 percent of the amount manufactured in December last year. European production was down 33.8 percent compared to last year's volume, to 4,549 units, mainly due to the ceasing of production of Space Star and Pajero Pinin. Production in Asia totaled 38,127 units, or a 3.8 percent decrease from the previous year, where increases in China and Taiwan were offset by reduced production in the ASEAN countries. Production in North America was down 21.5 percent to 5,252 units.

Exports from Japan totaled 27,858 units, an 18.9 percent decrease from last year's volume. Exports to Europe declined 21.3 percent over the same period last year to 8,142 units. Exports to Asia fell to 2,039 units, or 62.8 percent year-on-year, while exports to North America also dropped to 4,021 units, or 68.4 percent compared to the year before.

Calendar year 2005 results

Global production reached 1,362,673 units, a 3.6 percent reduction compared to 2004. Domestically, 664,900 units were produced in the period, 3.9 percent more than the previous year.

Total sales in Japan came to 244,245 units, or a 4.3 percent decrease from the previous period's figure. However, domestic sales have increased year-on-year for eight consecutive months since May 2005. Total sales for passenger cars were 163,351 units, 94.6 percent of last year's volume, while commercial vehicle sales were 80,894 units, or 98 percent year-on-year.

Overseas production for the year decreased to 697,773 units, or 90.2 percent of the amount manufactured last year. European production was down 27.1 percent compared to last year's volume, to 69,727 units, mainly due to the ceasing of production of Space Star and Pajero Pinin. Production in Asia was stable at 493,539 units, or 96.1 percent of the amount manufactured in the previous year. Production in North America was down 22.5 percent to 87,810 units.

Exports from Japan were stable at 352,547 units, or 97.1 percent of last year's volume. Exports to Europe increased 6.8 percent over the same period last year to 120,753 units. Exports to Asia fell to 35,815 units, or 55.5 percent year-on-year, while exports to North America were stable at 42,963 units, or 97.6 percent compared to the year before.

December
2005
Fiscal Year 2005
('05/4-'05/12)
Calendar Year
2005 ('05/1-'05/12)
Volume YoY
Chg.
(%)
Volume YoY
Chg.
(%)
Volume YoY
Chg.
(%)
Domestic
Production
Passenger Cars 50,451 126.2 421,809 116.7 555,540 104.3
Commercial Vehicles 10,641 116.3 77,935 107.6 109,360 101.8
Total 61,092 124.4 499,744 115.1 664,900 103.9
Domestic
Sales *
Passenger
Cars
Registrations 7,160 137.7 43,486 130.8 64,786 102.3
Minicars 6,962 96.6 64,357 109.6 98,565 90.1
Total 14,122 113.8 107,843 117.3 163,351 94.6
Commercial
Vehicles
Registrations 1,104 86.8 11,812 105.1 18,124 95.4
Minicars 4,261 88.4 43,217 102.5 62,770 98.8
Total 5,365 88.1 55,029 103.1 80,894 98.0
Registrations Total 8,264 127.7 55,298 124.3 82,910 100.7
Minicars Total 11,223 93.3 107,574 106.7 161,335 93.3
Grand Total 19,487 105.3 162,872 112.1 244,245 95.7
Exports Passenger Cars 27,018 82.4 264,425 101.0 340,164 97.8
Commercial Vehicles 840 53.5 9,653 90.4 12,383 80.6
Total 27,858 81.1 274,078 100.6 352,547 97.1
 
Production Domestic Production 61,092 124.4 499,744 115.1 664,900 103.9
Overseas Production 52,242 93.8 521,317 88.2 697,773 90.2
Total 113,334 108.1 1,021,061 99.6 1,362,673 96.4
* 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.