Mitsubishi Motors Announces Production, Sales and Exports for February 2007
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Tokyo, Japan, Mar 28, 2007; Mitsubishi Motors Corporation announced global production, as well as domestic sales and export results for February 2007.
Total global production came in at 114,724 units, 95.4 percent of last year's figure. Japanese production increased 6.0 percent year-on-year to 73,821 units, marking the fifth consecutive month of year-on-year growth due to increase in production volume of new Outlander and new Pajero models for overseas markets and new Delica D:5 model for Japanese market.
Vehicle sales in Japan totaled 22,320 units, a 17.8 percent decline year-on-year. Registered vehicles charted sales of 8,552 units, 106.4 percent of the year-ago figure. Mini-car sales declined to 13.768 units, 72.0 percent year-on-year. Total sales for passenger cars were 83.7 percent year-on-year to 17,311 units, and commercial vehicle sales were 5,009 units, 77.5 percent of the same period last year. Overseas production totaled 40,903 units, 80.8 percent of the year-ago figure. European production came in at 4,984 units or 95.8 percent of the last year's figure. North American production reached 6,650 units, 95.1 percent of the level seen last year. Asian production totaled 25, 698 units, a 25.6 percent decline from February 2006's levels, representing continued weakness in Asian markets such as Malaysia and Taiwan, where the economies are in long-term stagnation.
Total exports from Japan increased to 41,029 units, 146.7 percent of the year-ago level, marking the fourth consecutive month of year-on-year volume increase. Exports to Europe increased to 13, 439 units, 129.8 percent of last year's figure due to continued favorable demand of new Pajero and new Outlander models. Exports to Asia came to 3,651 units, a 26.4 percent increase over the last-year period due to good sales of Lancer model in Singapore, Grandis and Outlander models in China. Exports to North America rose to 7,458 units, 320. 1 percent of the February 2006 levels due to increase in export of new Outlander model and New Lancer models.
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 .