— Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures both for December 2007 and calendar year 2007.
Production: total and in Japan
Total global production came in at 118,648 units, an increase of 7.9 percent over December 2006 and marking the tenth consecutive monthly increase since March last year. Production volume in Japan at 79,279 units was up 10.3 percent, the 15th consecutive month of year-on-year growth, and marked a new record for December since Mitsubishi Motors spun off its truck and bus operations in 2003. This growth was driven by a 92.6 percent increase in output (28,706 units) of the new Lancer for the Russian, North American, and Middle East and African markets and by a 12.3 percent increase in output (15,663 units) of the new Outlander for European and Chinese markets.
Sales in Japan
Vehicle sales in Japan in December totaled 16,210 units, 1.3 percent down year-on-year. Passenger car (registrations and mini-car) sales of 12,528 units and commercial vehicle sales of 3,682 units were 3.5 percent up and 14.7 percent down respectively on the same month last year. Total registered vehicle sales were 47.9 percent up year-on-year driven mainly by firm sales of the Delica D:5, and the recently introduced Galant Fortis and the Lancer Evolution X. Total mini-car sales were 21.5 percent down.
Production overseas
Overseas production volume totaled 39,369 units, 3.4 percent up over December last year, and marked the fourth consecutive monthly increase since September 2007. In Asia production at 25,613 units was 6.3 percent up on December 2006, driven mainly by higher output at China Motor Co., Ltd. in Taiwan (42.8 percent up at 3,293 units). In Europe production came in at 4,835 units or 1.0 percent down on last year's figure. In North America production at 4,694 units was 27.9 percent down on last year.
Export shipments from Japan
Total exports from Japan of 57,022 units were 47.7 percent up on December 2006, marking the 14th consecutive month of year-on-year increases and setting a new record for December since Mitsubishi Motors spun off its truck and bus operations in 2003. Exports to Asia of 4,962 units were 37.6 percent up over the same period last year thanks to firm sales of the new Outlander in China and to the introduction of the new Pajero. Exports to North America of 7,430 units marked a substantial 103.4 percent increase over December 2006, this reflecting firm sales of the new Lancer, solid growth in Canada. Export shipments to Europe of 18,796 units were 28.3 percent up year-on-year driven by the introduction of the new Lancer and by firm sales of the Outlander.
January - December 2007
In calendar year 2007 global production marked the first increase in five years, since 2002, registering a 7.5 percent rise on calendar 2006. Production volume in Japan in 2007 rose for the third year in succession, chalking up an 11.6 percent increase year-on-year,and marked a new record since the splitting off of truck and bus operations in 2003.due to: (1) a 201.0 percent increase in output of the Outlander (159,614 units) since its launch in America and Europe in September and November 2006 respectively and also for the Chinese market; (2) a large 26.2 percent increase in output of the Lancer (282,052 units) which is selling particularly well in Russia, North America, and the Middle East and Africa; (3) a 557.5 percent rise in output of the Delica D:5 (34,106 units); and a 62.7 percent increase in output of the Pajero (105,212 units.)
Vehicle sales on the Japanese market in calendar 2007 were 13.9 percent down on the same period last year, the first decline in two years. Registered vehicle volume increased 7.3 percent but minicar sales declined by 22.9 percent. The boost in sales stemming from the introduction of the new Delica D:5, Galant Fortis and Lancer Evolution X during the year was more than sufficient to cover the drop in sales of other models against 2006 year levels.
Overseas production in the period rose 2.0 percent over the pervious period, the first increase in five years, since 2002. Production in Asian markets grew 8.5 percent to 368,422 units driven mainly by higher shipments of the L200 pickup truck from Thailand and increased output at CMC and South East (Fujian) Motor Co., Ltd. Production in Europe and North America came in at 66,670 and 78,739 units, 19.2 percent and 15.1 percent down respectively over 2006 totals.
Lastly, exports from Japan registered a 40.9 percent increase over the total for calendar 2006, registering the second consecutive year-on-year gain since calendar 2006 and marking a new record since the company spun off its truck and bus operations in 2003. Exports to Asia grew by 28.0 percent to 40,323 units, principally on the back of higher sales of the new Outlander in China and of the Grandis, and boosted by the introduction of the new Pajero. Export shipments to North America grew 40.7 percent to 66,334 units driven mainly by strong sales of the new Lancer and by gains in the Canadian market. Shipments to Europe also grew a strong 61.9 percent to 221,308 units on the back of fast sales of the new Lancer and new Outlander models.
|
December
2007 |
Fiscal Year 2007
('07/4-'07/12) |
Calendar Year
2007 ('07/1-'07/12) |
| Volume |
YoY
(%) |
Volume |
YoY
(%) |
Volume |
YoY
(%) |
Domestic
Production |
Passenger Cars |
72,117 |
113.2 |
560,095 |
117.6 |
757,419 |
115.2 |
| Commercial Vehicles |
7,162 |
87.4 |
62,514 |
82.4 |
88,664 |
87.7 |
| Total |
79,279 |
110.3 |
622,609 |
112.8 |
846,083 |
111.6 |
Domestic
Sales * |
Passenger
Cars |
Registrations |
6,730 |
157.1 |
52,879 |
131.4 |
78,286 |
119.5 |
| Minicars |
5,798 |
74.2 |
57,925 |
72.5 |
92,080 |
73.9 |
| Total |
12,528 |
103.5 |
110,804 |
92.2 |
170,366 |
89.6 |
Commercial
Vehicles |
Registrations |
358 |
70.3 |
4,340 |
51.4 |
6,177 |
46.6 |
| Minicars |
3,324 |
87.3 |
35,478 |
85.4 |
50,372 |
83.7 |
| Total |
3,682 |
85.3 |
39,818 |
79.6 |
56,549 |
77.0 |
| Registrations Total |
7,088 |
147.9 |
57,219 |
117.6 |
84,463 |
107.3 |
| Minicars Total |
9,122 |
78.5 |
93,403 |
76.9 |
142,452 |
77.1 |
| Grand Total |
16,210 |
98.7 |
150,622 |
88.5 |
226,915 |
86.1 |
| Exports |
Passenger Cars |
56,270 |
151.2 |
419,208 |
145.5 |
558,596 |
143.0 |
| Commercial Vehicles |
752 |
53.7 |
10,073 |
81.4 |
13,716 |
88.4 |
| Total |
57,022 |
147.7 |
429,281 |
142.9 |
572,312 |
140.9 |
| |
| Production |
Domestic Production |
79,279 |
110.3 |
622,609 |
112.8 |
846,083 |
111.6 |
| Overseas Production |
39,369 |
103.4 |
426,286 |
106.4 |
565,892 |
102.0 |
| Total |
118,648 |
107.9 |
1,048,895 |
110.1 |
1,411,975 |
107.5 |
| * |
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. |
| * |
Effective from October 2006, "Delica Wagon" and "Pajero" (also "Montero" or "Shogun") figures which used to be included in the Commercial Vehicles category are now included in Passenger Cars category. |
