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Mitsubishi Motors Announces Production, Sales and Exports for November 2006

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

Total global production came in at 118,726 units, a small decline of 3.3 percent from a year ago period. Japanese production increased 13.2 percent year-on-year to 71,685 units. This is due to increase in production volume of U.S. "Outlander", European "Outlander" and European "Pajero".

Total vehicle sales in Japan reached 21,289 units, slight 0.8 percent increase from last year's figure, marking the nineteenth consecutive month of year-on-year sales gains due to contribution of new models such as "i", "eK-Wagon" and "Pajero". Registered vehicles charted sales of 5,939 units, 74.5 percent of the year-ago figure. Mini-car sales continued year-on-year growth of 15,350 units, 116.9 percent of the total for November 2005. Total sales for passenger cars increased 11.3 percent year-on-year to 15,730 units, while commercial vehicle sales dropped to 5,559 units, 20.3 percent less than the same period last year.

Overseas production totaled 47,041 units, 79.1 percent of the year-ago figure. European production increased 11.2 percent to 7,126 units of last year's total due to continued favorable sales of "Colt CZC" Cabriolet. North American production came in to 8,510units, year-on-year of 99.3 percent. Asian production totaled 27,652 units, a 29.8 percent decline from November 2005's levels, representing continued weakness in Asian markets such as Malaysia and Taiwan, where economic conditions are not favorable for the industry.

Total exports from Japan increased to 43,264 units, 145.6 percent of the year-ago level. Exports to Europe increased to 14,612 units, 154.4 percent of the level seen last year due to launch of new "Pajero" and "Outlander" models in the European market. Exports to Asia came to 2,007 units, 57.5 percent of the last-year period. Exports to North America rose to 5,964 units, 229.6 percent of the November 2005 total due to continued healthy orders of the new "Outlander" model in the U.S. market.

November
2006
Fiscal Year 2006
('06/4-'06/11)
Calendar Year
2006 ('06/1-'06/11)
Volume YoY
(%)
Volume YoY
(%)
Volume YoY
(%)
Domestic
Production
Passenger Cars 64,711 120.8 412,604 111.1 593,645 117.5
Commercial Vehicles 6,974 71.6 67,672 100.6 92,935 94.1
Total 71,685 113.2 480,276 109.5 686,580 113.7
Domestic
Sales *
Passenger
Cars
Registrations 5,426 80.9 35,944 98.9 61,217 106.2
Minicars 10,304 138.8 72,093 125.6 116,754 127.5
Total 15,730 111.3 108,037 115.3 177,971 119.3
Commercial
Vehicles
Registrations 513 40.6 7,934 74.1 12,741 74.9
Minicars 5,046 88.3 37,753 96.9 56,360 96.3
Total 5,559 79.7 45,687 92.0 69,101 91.5
Registrations Total 5,939 74.5 43,878 93.3 73,958 99.1
Minicars Total 15,350 116.9 109,846 114.0 173,114 115.3
Grand Total 21,289 100.8 153,724 107.2 247,072 109.9
Exports Passenger Cars 41,662 146.1 250,928 105.7 353,521 112.9
Commercial Vehicles 1,602 134.6 10,970 124.5 14,111 122.2
Total 43,264 145.6 261,898 106.4 367,632 113.2
 
Production Domestic Production 71,685 113.2 480,276 109.5 686,580 113.7
Overseas Production 47,041 79.1 362,473 88.5 516,536 88.1
Total 118,726 96.7 842,749 107.4 1,203,116 106.8
Includes imports to Japan
* Excludes truck and bus units as MMC's truck and bus operations were spun off into Mitsubishi Fuso Truck and Bus Corporation in January 2003.