Mitsubishi Motors Announces Production Launch of 'Outlander' SUV at Okazaki Plant

Tokyo, Japan, Dec. 15, 2006 - (JCN Newswire) - Mitsubishi Motors Corporation today announced that it starts production of "Outlander" SUV at Okazaki plant, located in Okazaki City, Aichi Prefecture. Okazaki plant will produce 29,000 units of "Outlander" in the second half of fiscal year 2006 mainly for North America, Russia and Japanese markets.

Mizushima plant has been producing its model so far, but due to robust growth in sales of domestic mini-cars and export models, the plant's production capacity has reached maximum level. Transferring a part of "Outlander" production will ease current production condition of overloaded Mizushima plant.

Mitsubishi Motors celebrated production launch of "Outlander" at Okazaki plant today. President Masuko made remarks during the ceremony, "This is an impressive moment to celebrate a new start of Okazaki plant, however we also need to reaffirm that we are still on a passing point on the execution of the revitalization plan. I would like to ask all the employees here today to challenge forward to create Okazaki plant's new history."

Okazaki plant had been operated with one-shift from April 2004; its operation shift is changed to two-shift for the first time in the past 32 months.

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.