Mitsubishi Motors Announces Production, Sales and Exports for August 2006

Tokyo, Japan, Sept. 25, 2006 - (JCN Newswire) - Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export results, for August 2006.

Total global production totaled 93,971 units, 90.6 percent of the total for August 2005. Japanese production reached 47,738 units, up 4.1 percent year-on-year.

Total vehicle sales in Japan came to 13,925 units, a solid 11.1 percent increase over the previous period. August was the sixteenth consecutive month of year-on-year sales growth in Japan. Total sales for passenger cars sales were 9,220 units, 14.8 percent higher than the total last year on sales of new models such as Colt RALLIART Version-R. Commercial vehicle sales totaled 4,705 units, 104.5 percent of the August 2005 total with growth in commercial-use minicars overcoming lower sales of Pajero and Delica, which will undergo full model changes later this fiscal year.

Overseas production for the month totaled 46,233 units, 79.8 percent of the total for the same period last year. European production rose 38.8 percent year-on-year to 6,364 units due to the strong sales of Colt CZC Cabriolet this fiscal year. Asian production dropped to 26,466 units, a 36.3 percent decline over the August 2005 total due to continued unfavorable economic conditions in Indonesia, Malaysia, Taiwan and other markets. Lastly, production in North America increased to 10,120 units, 111.7 percent of the total for the previous year.

Total exports from Japan fell year-on-year to 28,426 units, 84.1 percent of the year ago total. Exports to Europe decreased to 8,252 units, 82.3 percent of the August 2005 total due in part to lower Pajero shipments ahead of a full model change later this fiscal year. Exports to Asia totaled 1,815 units, 77.5 percent of the year ago total again due to unfavorable economic conditions in Asian markets. Exports to North America declined a small 5.7 percent year-on-year, to 4,710 units, due to lower shipments of Lancer and Outlander ahead of full model changes for those models later this fiscal year.

About Mitsubishi Motors Corporation

Mitsubishi Motors Corporation was established in 1970 and is one of the few automobile companies in the world that produces a full line of automotive products ranging from 660-cc mini cars and passenger cars to commercial vehicles and heavy-duty trucks and buses. The company also operates consumer financing services and provides this to its customer base. For more information, please visit www.mitsubishi-motors.com.

For further information, please visit the Mitsubishi Motors Corporation home page at: www.mitsubishi-motors.co.jp <http://www.mitsubishi-motors.co.jp>