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Mitsubishi Motors announces production, sales and export figures for November 2008

Tokyo, December 24, 2008 — Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for November 2008.

  • Production: total and in Japan
  • Total global production came in at 91,750 units, a decline of 27.7 percent over November 2007 and the ninth consecutive monthly decrease since March. Production volume in Japan at 55.858 units was down 26.6 percent as a 28.6 percent decrease in passenger car and a 6.6 percent decrease in commercial vehicle output saw year-on-year volume fail to grow for the first time in three months. The fall in production volume in Japan was due mainly to the impact on sales in the company's world markets of the global financial crisis that was sparked in the United States.

  • Sales in Japan
  • Vehicle sales in Japan in November totaled 13,044 units, a 31.1 percent decrease year-on-year and the 15th consecutive monthly decline since September 2007. Registration and minicar sales were 45.5 percent and 22.7 percent down respectively on the same month last year.

  • Production overseas
  • Overseas production volume totaled 35,892 units, 29.2 percent down over November last year and the ninth consecutive monthly decline. By region, output in North America at 3,281 units was 36.0 percent down as production levels were adjusted for slow sales in the United States.

  • Export shipments from Japan
  • Total exports from Japan of 39,917 units were 13.8 percent down on November 2007, for the first time in two months. Exports to North America at 4,563 units were 14.6 percent up on November 2007, driven chiefly by strong sales of the Lancer in Mexico. Exports to Europe at 13,938 units were 6.8 percent up. Exports to Asia at 2,843 units were 36.8 percent down on November 2007.


    November
    2008
    Fiscal Year 2008
    ('08/04-'08/11)
    Calendar Year 2008
    ('08/01-'08/11)
    Volume YoY(%) Volume YoY(%) Volume YoY(%)
    Domestic
    Production
    Passenger Cars 49,565 71.4 494,532 101.3 722,196 105.4
    Commercial Vehicles 6,293 93.4 51,999 93.9 77,424 95.0
    Total 55,858 73.4 546,531 100.6 799,620 104.3
    Domestic
    Sales *
    Passenger
    Cars
    Registrations 3,540 54.3 32,921 71.3 57,719 80.7
    Minicars 5,898 87.5 49,118 94.2 77,560 89.9
    Total 9,438 71.2 82,039 83.5 135,279 85.7
    Commercial
    Vehicles
    Registrations 263 57.5 3,010 75.6 4,544 78.1
    Minicars 3,343 64.1 25,642 79.7 38,878 82.6
    Total 3,606 63.6 28,652 79.3 43,422 82.1
    Registrations Total 3,803 54.5 35,931 71.7 62,263 80.5
    Minicars Total 9,241 77.3 74,760 88.7 116,438 87.3
    Grand Total 13,044 68.9 110,691 82.4 178,701 84.8
    Exports Passenger Cars 39,117 86.0 383,545 105.7 564,731 112.4
    Commercial Vehicles 800 96.9 8,452 90.7 12,429 95.9
    Total 39,917 86.2 391,997 105.3 577,160 112.0
    Production Domestic Production 55,858 73.4 546,531 100.6 799,620 104.3
    Overseas Production 35,892 70.8 299,605 77.4 428,837 81.4
    Total 91,750 72.3 846,136 91.0 1,228,457 95.0
    Includes imports to Japan