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Mitsubishi Motors Production, Exports Up in February

Tokyo, March 26, 2003 - Mitsubishi Motors Corporation (MMC) today announced production, sales, and export results for February 2003.

Total overseas production climbed 18.8 percent on year to 73,605 units, the second consecutive month of increases. By area, Asia posted a 35.6 percent gain to 45,298 units, North America was down 3.1 percent to 16,619 units, and Europe gained 15.1 percent to 6,501 units.

Exports totaled 31,771 units in February for a 4.8 percent increase on last year-the 11th straight monthly gain. Exports to Asia totaled 4,202 units while Europe exports increased to 6,534 units. North America was up 12,196 units.

Although overall domestic sales declined 9.3 percent compared to last February, robust sales of the new Colt compact car helped sales of vehicles other than minicars surge 25.8 percent. Total domestic sales in February totaled 33,048 units. MMC's market share in February, including minicars and imports, was 6.3 percent, slightly up from 6.2 percent in January.

Domestic production declined 9.6 percent on year, to 65,513 units. It was the first decline after four months of increases.

  February 2003 < Reference Only >
MMC MFTBC MMC+MFTBC
Volume (%)*1 Volume (%)*1 Volume (%)*1
Domestic
Production
Passenger Cars
Commercial Vehicles
56,896
8,617
91.5%
83.4%
-
9,116
-
127.3%
56,896
17,733
91.5%
101.4%
Total 65,513 90.4% 9,116 127.3% 74,629 93.7%
Domestic
Sales *2
Passenger Cars
Commercial Vehicles
25,208
7,840
96.6%
75.9%
-
5,794
-
130.4%
25,208
13,634
96.6%
92.3%
Total 33,048 90.7% 5,794 130.4% 38,842 95.0%
Export Passenger Cars
Commercial Vehicles
30,514
1,257
104.9%
101.9%
-
2,494
-
114.9%
30,514
3,751
104.9%
110.2%
Total 31,771 104.8% 2,494 114.9% 34,265 105.5%
 
Production Domestic
Overseas
65,513
73,605
90.4%
118.8%
9,116
4,130
127.3%
139.6%
74,629
77,735
93.7%
119.8%
Total 139,118 103.5% 13,246 130.9% 152,364 105.4%

(Remarks)
*1: Comparison with the same period of last year
*2: Domestic Sales includes minicars and imports

 

  Fiscal Year 2002 ('02/4-'03/2) < Reference Only >
MMC MFTBC MMC+MFTBC
Volume (%)*1 Volume (%)*1 Volume (%)*1
Domestic
Production
Passenger Cars
Commercial Vehicles
614,448
76,690
110.1%
83.0%
-
91,870
-
117.8%
614,448
168,560
110.1%
99.0%
Total 691,138 106.3% 91,870 117.8% 783,008 107.5%
Domestic
Sales *2
Passenger Cars
Commercial Vehicles
212,505
79,815
88.4%
75.4%
-
51,981
-
98.7%
212,505
131,796
88.4%
83.2%
Total 292,320 84.5% 51,981 98.7% 344,301 86.3%
Export Passenger Cars
Commercial Vehicles
373,637
14,450
130.5%
121.3%
-
33,567
-
133.8%
373,637
48,017
130.5%
129.8%
Total 388,087 130.2% 33,567 133.8% 421,654 130.4%
 
Production Domestic
Overseas
691,138
846,765
106.3%
117.5%
91,870
47,605
117.8%
116.6%
783,008
894,370
107.5%
117.5%
Total 1,537,903 112.2% 139,475 117.4% 1,677,378 112.6%

(Remarks)
*1: Comparison with the same period of last year
*2: Domestic Sales includes minicars and imports

 

  Calendar Year 2003 ('03/1-'03/2) < Reference Only >
MMC MFTBC MMC+MFTBC
Volume (%)*1 Volume (%)*1 Volume (%)*1
Domestic
Production
Passenger Cars
Commercial Vehicles
112,345
15,752
96.3%
90.4%
-
17,843
-
129.1%
112,345
33,595
96.3%
107.5%
Total 128,097 95.5% 17,843 129.1% 145,940 98.7%
Domestic
Sales *2
Passenger Cars
Commercial Vehicles
43,134
13,595
96.4%
82.6%
-
9,591
-
123.3%
43,134
23,186
96.4%
95.6%
Total 56,729 92.7% 9,591 123.3% 66,320 96.1%
Export Passenger Cars
Commercial Vehicles
62,812
2,371
113.3%
135.4%
-
5,047
-
125.5%
62,812
7,418
113.3%
128.5%
Total 65,183 114.0% 5,047 125.5% 70,230 114.7%
 
Production Domestic
Overseas
128,097
144,363
95.5%
118.1%
17,843
7,856
129.1%
118.2%
145,940
152,219
98.7%
118.2%
Total 272,460 106.3% 25,699 107.8% 298,159 107.8%

(Remarks)
*1: Comparison with the same period of last year
*2: Domestic Sales includes minicars and import


(c) 2003 Mitsubishi Motors Corporation. All rights reserved.