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Mitsubishi Motors Announces Production, Sales and Exports for July 2006

Tokyo, August 28, 2006  — Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export results, for July 2006.

Total global production totaled 107,192 units, 88.3 percent of the previous year total. Japanese production reached 62,571 units, a small decline of 2.1 percent from the year ago period.

Total vehicle sales in Japan came to 21,029 units, a 3.3 percent increase year-on-year, making July the fifteenth consecutive month of year-on-year sales growth in Japan. Total sales for passenger cars came to 14,329 units, up 7.8 percent over the July 2005 total on sales of new models, while commercial vehicle sales fell 5.2 percent over the previous year to 6,700 units. The decline in commercial vehicles stemmed from lower sales of the Pajero and Delica models which will undergo model changes later this fiscal year.

Overseas production for the month totaled 44,621 units, 77.6 percent of the total for July 2005. European production showed a 44.9 percent increase year-on-year to 6,495 units due to brisk sales of the new Colt CZC cabriolet model. Asian production totaled 27,106 units, 67.0 percent of the year ago total due to unfavorable economic conditions in markets such as Indonesia, Malaysia, and Taiwan. Lastly, North American production fell slightly to 7,585 units, down 2.2 percent over the previous period total.

Total exports from Japan grew strongly year-on-year to 36,068 units, up 13.6 percent. Exports to Europe increased a small 2.9 percent over July 2005 to 12,447 units and exports to Asia came to 2,819 units, 76.8 percent of the year ago total. Similar to Asian production, the decline in exports to Asia stemmed from poor economic conditions for the industry. Exports to North America remained stable at 5,055 units, 100.5 percent of total for July 2005.

July 2006 Fiscal Year 2006
('06/4-'06/7)
Calendar Year
2006 ('06/1-'06/7)
Volume YoY
(%)
Volume YoY
(%)
Volume YoY
(%)
Domestic
Production
Passenger Cars 50,995 94.6 192,437 111.1 373,478 121.7
Commercial Vehicles 11,576 115.9 37,215 119.6 62,478 99.9
Total 62,571 97.9 229,652 112.4 435,956 118.0
Domestic
Sales *
Passenger
Cars
Registrations 5,274 109.6 16,614 107.0 41,887 113.7
Minicars 9,055 106.7 31,833 115.8 76,494 124.0
Total 14,329 107.8 48,447 112.6 118,381 120.1
Commercial
Vehicles
Registrations 1,142 75.0 4,520 81.3 9,327 78.6
Minicars 5,558 100.2 19,610 101.3 38,217 98.2
Total 6,700 94.8 24,130 96.9 47,544 93.6
Registrations Total 6,416 101.3 21,134 100.2 51,214 105.2
Minicars Total 14,613 104.1 51,443 109.8 114,711 114.0
Grand Total 21,029 103.3 72,577 106.8 165,925 111.1
Exports Passenger Cars 34,761 112.6 118,640 110.6 221,233 120.5
Commercial Vehicles 1,307 148.7 5,465 160.5 8,606 140.3
Total 36,068 113.6 124,105 111.6 229,839 121.2
 
Production Domestic Production 62,571 97.9 229,652 112.4 435,956 118.0
Overseas Production 44,621 77.6 185,647 78.9 339,710 82.5
Total  107,192 88.3 415,299 94.4 775,666 99.3
* 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.