Mitsubishi Motors Reports Best May in History; Sales Growth of 7.2 Percent Over May 2000; Up 5.9 Percent for the Year

    CYPRESS, Calif., June 1 Mitsubishi Motor Sales of America,
Inc. (MMSA) today reported its best May in company history with vehicle sales
of 31,520 units, a 7.2 percent increase over May 2000, pushing the company's
2001 year-to-date sales up 5.9 percent higher than the same period last year.
    "As the industry continues to navigate fluctuating market conditions, our
sales are growing at a record-setting pace," said MMSA Executive Vice
President and COO Pierre Gagnon.  "Consumers are excited about our products
and we're in a great position to continue gaining market share."

    Some figures of note for MMSA's record-breaking May 2001 sales:

    -- May 2001 sales of 31,520 vehicles represents a 7.2 percent increase
       over May 2000 sales of 29,390 vehicles
    -- 2001 year-to-date sales of 131,532 vehicles represents a 5.9 percent
       increase over May 2000 year-to-date sales of 124,243 vehicles
    -- Galant had its best month ever with 10,987 units sold, up 33.3 percent
       over May 2000
    -- Eclipse Spyder had its best month ever with 2,074 units sold, up
       89.9 percent over May 2000, marking a full year of monthly
       year-over-year sales increases for Eclipse Spyder

    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 http://www.mitsubishicars.com.


       Sales Results, May 2001: Mitsubishi Motor Sales of America, Inc.

                       May '01         May '00       % Change   % DSR Change
                      Month/YTD       Month/YTD      Month/YTD    Month/YTD
    Passenger
     Car Sales*    25,168/98,336   21,538/91,280    16.9%/7.7%    16.9%/7.7%
    Sport Utility
     Vehicles**     6,352/33,196    7,852/32,963   -19.1%/0.7%   -19.1%/0.7%
    Total Vehicle
     Sales        31,520/131,532  29,390/124,243    7.2 %/5.9%     7.2%/5.9%
    US Assembled
     Cars:         18,902/72,672   14,936/64,721   26.6%/12.3%   26.6%/12.3%
    Imported Cars:  6,266/25,664    6,602/26,559   -5.1%/-3.4%   -5.1%/-3.4%
    Imported
     Truck/SUVs:    6,352/33,196    7,852/32,963   -19.1%/0.7%   -19.1%/0.7%
    US Assembled
     Vehicles (1): 18,902/72,672   14,936/64,721   26.6%/12.3%   26.6%/12.3%
    Imported
     Vehicles (2): 12,618/58,860   14,454/59,522  -12.7%/-1.1%  -12.7%/-1.1%

      DSR - Daily Selling Rate
      Selling Days   MTD      YTD
      May           2001       26       128
      May           2000       26       128

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