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Mitsubishi Motors Announces April Sales

1 May 1998

Mitsubishi Motors' Eclipse is Sales Leader for April; Company's Sports Coupe and Convertible Sales Increase 15 Percent

    CYPRESS, Calif., May 1 -- Mitsubishi Motor Sales of America,
Inc. (MMSA), today announced total April vehicle sales of 13,499 units, a 12
percent decline in its monthly sales compared to 1997 figures.  The company's
U.S.-built Eclipse sports coupe and Eclipse Spyder convertible were sales
leaders for the month with sales of 4,989, an increase of 15 percent over the
prior year.  In addition, the Montero Sport mid-size sport utility vehicle
also showed an increase of 30 percent, with sales of 3,349.
    "With winter ending and the sun coming out, it appears our buyers are
choosing vehicles that will help them enjoy the outdoors," said Kim Custer,
director of public affairs and corporate communications.  "Sales increases for
our Eclipse sports coupe and convertible, as well as the continued popularity
of our sport utility line, are expected to continue through the summer."
    Another strong seller for Mitsubishi Motors in April was the Diamante
luxury performance sedan.  Its sales soared 63 percent over prior year, to a
total of 1,406 units for the month.
    Custer noted the overall decline in Mitsubishi Motors' 12 percent decline
in sales is due primarily to diminishing sales rate of the Galant mid-size
sedan as its manufacturing facility in Illinois prepares to build an all-new
version.
    The 1999 Galant, which has a stylish exterior design and the choice of a
muscular 4-cylinder or powerful new V6 engine, is expected to significantly
jump-start Mitsubishi Motors' sales in the very competitive mid-size sedan
segment when it goes on sale in late July.
    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.

                                  April '98       April '97      % Change
                                  Month/YTD       Month/YTD     Month/YTD

    Passenger Car Sales*       9,927/44,424   12,262/53,642     -19%/-17%
    Sport Utility Vehicles**   3,572/12,767    3,118/11,482     +15%/+11%
    Trucks***                           0/0          10/201   -100%/-100%
    Total Vehicle Sales       13,499/57,191   15,390/65,325     -12%/-12%

    Note: U.S.-Built Vehicle
     Sales                     7,209/29,973    8,650/37,460     -17%/-20%
    (Includes Eclipse/Eclipse Spyder/Galant)

    *    Above totals include sales of U.S.-built Mitsubishi Motors vehicles
    **   Includes Montero and Montero Sport
    ***  Truck sales include inventory stock only; MMSA stopped selling the
         Mighty Max pickup truck early in 1996

SOURCE  Mitsubishi Motor Sales of America