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| Mitsubishi Motors Announces July Production, Sales and Export Results |
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- Domestic sales continue to grow month-on-month - |
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Tokyo, August 26, 2003
-Mitsubishi Motors Corporation (MMC) today announced its production, sales and export results for July 2003.
Total worldwide production in July slipped 7.7 percent to 136,788 units. Of this, production in Japan dropped 2.6 percent to 64,753 units, marking the first decline in three months. Overseas production, meanwhile, was off 11.8 percent compared to July last year, coming in at 72,035 units for the third monthly decline. By area, Asia excluding Japan declined 11.7 percent to 48,506 units. North American production dropped 26.7 percent to 11,396 units, while Europe surged 23.9 percent to 6,756 units.
Domestic sales including minicars continued to climb, gaining 8.3 percent on July last year to 33,163 units. This marks the third straight month of gains. MMC's share of the domestic market grew to 6.3 percent in July, up from 5.8 percent last July.
Exports from Japan totaled 31,127 units for the month, down 13.1 percent compared to the same period last year. By area, exports to Asia came in at 3,867 units, North America 5,108 units, and Europe 13,192 units. As a result of the spin-off of MMC's truck and bus operations in January 2003, regional year-on-year changes are not available due to a change in the system used to tally exports.
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July '03 |
Fiscal Year 2003
('03/4-'03/7) |
Calendar Year 2003
('03/1-'03/7) |
| Volume |
YoY Chg.
(%) |
Volume |
YoY Chg.
(%) |
Volume |
YoY Chg.
(%) |
Domestic
Production |
Passenger Cars
Commercial Vehicles |
54,953
9,800 |
93.1
131.6 |
196,561
31,126 |
99.0
115.6 |
374,050
56,985 |
98.0
100.4 |
| Total |
64,753 |
97.4 |
227,687 |
101.0 |
431,035 |
98.3 |
Domestic
Sales * |
Passenger
Cars |
Registrations
Minicars |
9,919
14,376 |
127.6
104.3 |
35,839
45,229 |
153.7
92.6 |
78,868
94,111 |
147.6
88.7 |
| Total |
24,295 |
112.7 |
81,068 |
112.3 |
172,979 |
108.4 |
Commercial
Vehicles |
Registrations
Minicars |
1,883
6,985 |
84.6
102.2 |
6,558
23,877 |
75.4
101.5 |
13,086
44,117 |
74.2
94.9 |
| Total |
8,868 |
97.9 |
30,435 |
94.5 |
57,203 |
89.2 |
| Registrations Total |
11,802 |
118.0 |
42,397 |
132.4 |
91,954 |
129.4 |
| Minicars Total |
21,361 |
103.6 |
69,106 |
95.5 |
138,228 |
90.6 |
| Grand Total |
33,163 |
108.3 |
111,503 |
106.8 |
230,182 |
102.9 |
| Exports |
Passenger Cars
Commercial Vehicles |
30,016
1,111 |
87.1
80.1 |
102,097
4,718 |
87.2
91.8 |
202,511
8,635 |
97.7
108.9 |
| Total |
31,127 |
86.9 |
106,815 |
87.4 |
211,146 |
98.2 |
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| Production |
Domestic
Overseas |
64,753
72,035 |
97.4
88.2 |
227,687
294,827 |
101.0
93.0 |
431,035
522,673 |
98.3
101.5 |
| Total |
136,788 |
92.3 |
522,514 |
96.3 |
953,708 |
100.0 |
* Includes imports
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