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Mitsubishi Motors Announces Production, Sales and Exports for August 2006

Tokyo, September 25, 2006  — Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export results, for August 2006.

Total global production totaled 93,971 units, 90.6 percent of the total for August 2005. Japanese production reached 47,738 units, up 4.1 percent year-on-year.

Total vehicle sales in Japan came to 13,925 units, a solid 11.1 percent increase over the previous period. August was the sixteenth consecutive month of year-on-year sales growth in Japan. Total sales for passenger cars sales were 9,220 units, 14.8 percent higher than the total last year on sales of new models such as Colt RALLIART Version-R. Commercial vehicle sales totaled 4,705 units, 104.5 percent of the August 2005 total with growth in commercial-use minicars overcoming lower sales of Pajero and Delica, which will undergo full model changes later this fiscal year.

Overseas production for the month totaled 46,233 units, 79.8 percent of the total for the same period last year. European production rose 38.8 percent year-on-year to 6,364 units due to the strong sales of Colt CZC Cabriolet this fiscal year. Asian production dropped to 26,466 units, a 36.3 percent decline over the August 2005 total due to continued unfavorable economic conditions in Indonesia, Malaysia, Taiwan and other markets. Lastly, production in North America increased to 10,120 units, 111.7 percent of the total for the previous year.

Total exports from Japan fell year-on-year to 28,426 units, 84.1 percent of the year ago total. Exports to Europe decreased to 8,252 units, 82.3 percent of the August 2005 total due in part to lower Pajero shipments ahead of a full model change later this fiscal year. Exports to Asia totaled 1,815 units, 77.5 percent of the year ago total again due to unfavorable economic conditions in Asian markets. Exports to North America declined a small 5.7 percent year-on-year, to 4,710 units, due to lower shipments of Lancer and Outlander ahead of full model changes for those models later this fiscal year.

August
2006
Fiscal Year 2006
('06/4-'06/8)
Calendar Year
2006 ('06/1-'06/8)
Volume YoY
(%)
Volume YoY
(%)
Volume YoY
(%)
Domestic
Production
Passenger Cars 38,497 99.1 230,934 108.9 411,975 119.1
Commercial Vehicles 9,241 132.4 46,456 121.9 71,719 103.2
Total 47,738 104.1 277,390 110.8 483,694 116.4
Domestic
Sales *
Passenger
Cars
Registrations 3,446 117.7 20,060 108.7 45,333 114.0
Minicars 5,774 113.2 37,607 115.4 82,268 123.1
Total 9,220 114.8 57,667 112.9 127,601 119.7
Commercial
Vehicles
Registrations 891 87.1 5,411 82.2 10,218 79.2
Minicars 3,814 109.7 23,424 102.6 42,031 99.2
Total 4,705 104.5 28,835 98.0 52,249 94.5
Registrations Total 4,337 109.8 25,471 101.7 55,551 105.5
Minicars Total 9,588 111.8 61,031 110.1 124,299 113.8
Grand Total 13,925 111.1 86,502 107.5 179,850 111.1
Exports Passenger Cars 27,158 83.5 145,798 103.9 248,391 115.0
Commercial Vehicles 1,268 98.5 6,733 143.5 9,874 133.1
Total 28,426 84.1 152,531 105.2 258,265 115.6
 
Production Domestic Production 47,738 104.1 277,390 110.8 483,694 116.4
Overseas Production 46,233 79.8 231,880 98.5 385,943 93.7
Total 93,971 90.6 509,270 93.7 869,637 98.3
* 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.