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Mitsubishi Motors launches "380" large sporty sedan in Australia



380
Tokyo, October 13, 2005  — Mitsubishi Motors Corporation announced that its Australian subsidiary Mitsubishi Motors Australia Ltd (MMAL) has launched the new Mitsubishi 380 , a sporty and powerful large sedan. The 380  was developed to offer the highest levels of quality and performance, and is built at the MMAL factory in Adelaide.

The 380  is the first new built-in-Australia model in nine years and Mitsubishi Motors has high expectations that the 380  will contribute to achieve the 2005 Business Plan goals. MMAL plans to sell 3,000 of the new 380  model each month.

Development of the 380  was focused on meeting five customer requirements: true large car power and performance, sporty styling, outstanding value for money, comfortable large car space and world-class quality, and refinement.

380  is powered by a 3.8-liter SOHC MPI V6 engine that develops a maximum power of 175 kW and a maximum torque of 343 Nm and is mated to Mitsubishi's INVECS-II Sport Mode 5-speed automatic transmission, a 5-speed manual transmission is also available for enthusiasts. Derived from the North American Galant, built and sold by Mitsubishi Motors North America, Inc. since 2003, 380  delivers Euro3 compliant environmental performance and has been tailored to Australian market needs that including massive overall leg room.

Mitsubishi Motors Australia Ltd

Head office: Adelaide, Southern Australia
Factories: Manufacturing &
assembly:
Tonsley Park, Adelaide
Date of establishment: October, 1980
Capitalization: AUS$ 1.04 billion
President & CEO: Tom Phillips, to be succeed by Robert McEniry on November 1.
Major shareholders: Mitsubishi Motors Corporation (100%)
Head count: Around 2,200
Models produced: 380
Models sold: Magna, Verada, Triton (made in Thailand), Lancer, Pajero

Production & sales 2002FY 2003FY 2004FY
Production 47,705 31,470 17,189
Sales 65,939
(22,416)
66,974
(22,690)
56,260
(16,706)
(Figures in parentheses: Magna and Verada)