Mitsubishi Motors Reports October 2004 U.S. Sales

CYPRESS, Calif., Nov. 2, 2004 -- Mitsubishi Motors North America, Inc., (MMNA) today reported October 2004 U.S. sales of 9,160 units. Mitsubishi Motors has sold 142,157 units year to date in the United States.

Mitsubishi Motors North America, Inc., (MMNA) is responsible for all manufacturing, finance, sales, marketing, research and development operations of the Mitsubishi Motors Corporation in the United States and Canada. Mitsubishi Motors sells coupes, convertibles, sedans and sport utility vehicles through a network of approximately 600 dealers. For more information, contact the Mitsubishi Motors News Bureau at (888) 560-6672 or visit media.mitsubishicars.com.

   Following is the sales breakdown for October 2004:

                                2004             2003             2004
                             OCT    CYTD     OCT     CYTD     OCT     CYTD
  ECLIPSE COUPE              710   10,757   2,150   25,111  -67.0%   -57.2%
  ECLIPSE SPYDER             226    6,991     584    9,977  -61.3%   -29.9%
  LANCER                   1,249   31,408   1,880   38,477  -33.6%   -18.4%
  LANCER EVOLUTION           490    3,813     487    4,081    0.6%    -6.6%
  LANCER SPORTBACK           275    1,860      --       --    0.0%     0.0%
  MIRAGE COUPE                --       --      --      172    0.0%  -100.0%
  MIRAGE SEDAN                --       --      --        1    0.0%     0.0%
  GALANT                   2,376   37,514   2,844   59,591  -16.5%   -37.0%
  DIAMANTE                   477    3,988     469    7,403    1.7%   -46.1%

  TOTAL CAR                5,803   96,331   8,414  144,813  -31.0%   -33.5%

  OUTLANDER                  929   15,747   2,038   30,306  -54.4%   -48.0%
  MONTERO SPORT              399    6,397   1,039   17,560  -61.6%   -63.6%
  ENDEAVOR                 1,619   19,129   4,176   21,833  -61.2%   -12.4%
  MONTERO                    410    4,553     585    6,939  -29.9%   -34.4%

  TOTAL SUV                3,357   45,826   7,838   76,638  -57.2%   -40.2%

  TOTAL                    9,160  142,157  16,252  221,451  -43.6%   -35.8%

  US Assembled Cars(1):    3,312   55,262   5,578   94,679  -40.6%   -41.6%
  Imported Cars(2):        2,491   41,069   2,836   50,134  -12.2%   -18.1%
  US Assembled Truck/
   SUV(3):                 1,619   19,129   4,176   21,833  -61.2%   -12.4%
  Imported Truck/SUVs(4):  1,738   26,697   3,662   54,805  -52.5%   -51.3%
  US Assembled Vehicles:   4,931   74,391   9,754  116,512  -49.4%   -36.2%
  Imported Vehicles:       4,229   67,766   6,498  104,939  -34.9%   -35.4%

  ** Selling Days            MTD      YTD
  2004                        27      257
  2003                        27      256

   (1)  Galant, Eclipse, Eclipse Spyder
   (2)  Lancer, Lancer Sportback, Lancer Evolution, Diamante, Mirage Coupe,
        Mirage Sedan
   (3)  Endeavor
   (4)  Montero, Montero Sport, Outlander