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MITSUBISHI MOTORS BECOMES FASTEST-GROWING
JAPANESE AUTOMOTIVE BRAND IN U.S.

Automaker Reports 1999 Sales Are Best In Its History

January 11, 2000

CYPRESS, Calif. (January 4, 2000) - Mitsubishi Motor Sales of America,Inc. (MMSA) announced that 1999 year-to-date sales made it the fastest-growing Japanese automotive brand sold in the U.S. Year-to-date sales of 261,254 units shattered all previous year records, while December 1999 sales of 27,295 (a 79.7% increase from 1998) was the automaker's best December ever.

Other figures to note:

  • In total 1999 volume, MMSA sales grew at a 37% rate
  • MMSA reported sales of its highest volume vehicle, Galant mid-size sedan, at 74,782 units, an increase of 69% above 1998 for its best-ever calendar year performance
  • Restyled for 2000, the Montero Sport mid-size SUV has shown a 53.5% rise in sales over 1998 with 59,007 units sold, also a best-ever calendar year sales performance
  • Eclipse sport coupe sold 5,253 units in December, and is now selling at nearly twice the rate of the previous model since its introduction as a completely redesigned vehicle
  • 2000 sales momentum is expected to continue with new product introductions next week at the North American International Auto Show in Detroit, including the redesigned 2001 Montero luxury sport utility vehicle and 2001 Eclipse Spyder convertible

"1999 was a remarkable year for Mitsubishi Motors," said Pierre Gagnon, MMSA's executive vice president and chief operating officer. Right now it's a very competitive market, and it takes something special to surpass the auto industry's growth rate as convincingly as we have. American consumers have become more familiar with our brand, and our products exceed their expectations. That's a great recipe for success, and I'm very confident that our momentum will continue in 2000."

Mitsubishi Motors Reports Best-Ever '99 Salesage two

Mitsubishi Motor Sales of America, Inc. was established in 1982 by Mitsubishi Motors Corporation, Tokyo, and markets a full line of vehicles, including coupes, convertibles, sedans and sport utility vehicles. Its website can be accessed at mitsubishicars.com.

Editor's Note: Pierre Gagnon of Mitsubishi Motor Sales of America, Inc. is available for interviews to comment on 1999 automobile industry sales.


Sales Results, December 1999: Mitsubishi Motor Sales of America, Inc.

Dec. '99
Month/YTD

Dec. '98
Month/YTD

% Change
Month/YTD

Passenger Car Sales*

17,786/197,132

10,361/147,956

71.7%/33.2%

Sport Utility Vehicles**

9,509/64,122

4,829/42,559

96.9%/50.7%

Total Vehicle Sales

27,295/261,254

15,190/190,515

79.7%/37.1%

US Assembled Cars:

12,888/136,656

7,359/102,157

75.1%/33.8%

Imported Assembled Cars:

4,898/60,476

3,002/45,799

63.2%/32.0%

Imported Truck/SUVs:

9,509/64,122

4,829/42,559

96.9%/50.7%

US Assembled Vehicles (1):

12,888/136,656

7,359/102,157

75.1%/33.8%

Imported Vehicles (2):

14,407/124,598

7,831/88,358

84.0%/41.0%

* Above totals include sales of U.S.-assembled Mitsubishi Motors vehicles
** Includes Montero Sport and Montero
(1) Galant, Eclipse and Eclipse Spyder
(2) Mirage, Diamante, 3000GT, Montero Sport and Montero


December,1999
Total Sales



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