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Mitsubishi Motors Announces Production, Sales and Exports for January 2006

Tokyo, February 24, 2006 — Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export results for January 2006.

Total global production was 106,749 units, an increase of 4.7 percent from January 2005. In Japan, 55,582 units were produced in the month, 10.5 percent more year-on-year.

Total sales in Japan came to 17,600 units, a 9.9 percent increase on the previous period's figure due to the strong debut of the new concept minicar "i", which sold over 2,300 units in one week after its January 24 launch. Shortly into February orders for "i" surpassed 10,000 units. This is the ninth consecutive month of year-on-year sales growth for the domestic market. Total sales for passenger cars were 13,264 units, 115.2 percent of last year's volume, while commercial vehicle sales saw a small decrease to 4,336 units, or 96.4 percent of the January 2005 total.

Overseas production for the month was stable at 51,167 units, or 99.1 percent of the amount manufactured in the same period last year. European production was down 9.4 percent compared to last year's volume, to 5,587 units. Asian production totaled 35,935 units, a small decline of 4.0% over the previous period, and production in North America increased 14.8 percent year-on-year to 6,507 units.

Total exports from Japan rose 33.1 percent over last year's volume to 29,621 units. Lead by continued strong sales growth in Russia, exports to Europe increased to 10,262 units, or 166.7 percent of the export volume for the same period last year. Exports to Asia declined to 1,929 units, or 59.6 percent of last year's total, while exports to the North American market rose to 2,911 units, or 136.2 percent of the volume for the year before period.

 
January 2006 Fiscal Year 2005
('05/04-'06/01)
Calendar Year 2006
('06/01)
Volume YoY (%) Volume YoY (%) Volume YoY (%)
Domestic
Production
Passenger Cars 48,995 117.1 470,804 116.7 48,995 117.1
Commercial Vehicles 6,587 77.9 84,522 104.5 6,587 77.9
Total 55,582 110.5 555,326 114.6 55,582 110.5
Domestic
Sales *
Passenger
Cars
Registrations 6,180 100.7 49,666 126.1 6,180 100.7
Minicars 7,084 131.8 71,441 111.5 7,084 131.8
Total 13,264 115.2 121,107 117.1 13,264 115.2
Commercial
Vehicles
Registrations 1,206 97.7 13,018 104.3 1,206 97.7
Minicars 3,130 95.9 46,347 102.1 3,130 95.9
Total 4,336 96.4 59,365 102.5 4,336 96.4
Registrations Total 7,386 100.2 62,684 120.9 7,386 100.2
Minicars Total 10,214 118.3 117,788 107.6 10,214 118.3
Grand Total 17,600 109.9 180,472 111.9 17,600 109.9
Exports Passenger Cars 28,845 134.8 293,270 103.5 28,845 134.8
Commercial Vehicles 776 91.7 10,429 90.5 776 91.7
Total 29,621 133.1 303,699 103.0 29,621 133.1
 
Production Domestic Production 55,582 110.5 555,326 114.6 55,582 110.5
Overseas Production 51,167 99.1 572,484 89.1 51,167 99.1
Total 106,749 104.7 1,127,810 100.1 106,749 104.7
* 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.