Mitsubishi Motors Reports Best-Ever Q3 and September Sales

4 October 2000
Mitsubishi Motors Reports Best-Ever Third Quarter and September Sales; 18.2% Vehicle Sales Increase on Pace for Record-Breaking Year
    CYPRESS, Calif., Oct. 3 Mitsubishi Motor Sales of America,
Inc. (MMSA) today reported best September sales ever, reaching
26,007 vehicles, up 18.2% over September 1999.  This month also marked the
close of the best third quarter in MMSA's 18-year history with 83,552 vehicles
sold.
    Calendar-year-to-date sales for 2000 reached 240,116 vehicles, 32.4% over
the same period in 1999.
    SUVs continue to lead the company's sales growth, with 1,778 all-new 2001
Monteros sold, up 290.8%, and 4,998 Montero Sports sold, up 25.5% compared to
September last year.
    "Despite signs of an overall softening in the market, our fresh product
line and increasing brand awareness continue to drive strong sales growth,"
said Pierre Gagnon, MMSA executive vice president and chief operating officer.

    Product sales numbers of note:

    -- Best-ever September for Montero, with 1,778 units sold, up 290.8% over
       September 1999

    -- Best-ever September for Montero Sport, with 4,998 units sold, up
       25.5% over September 1999

    -- Best-ever September for Galant, with 7,739 units sold, up 4.6% over
       September 1999.

    -- Best-ever September for Eclipse Spyder, with 1,710 units sold, up
       356.0% over September 1999.

    -- Best-ever September for Mirage Sedan, with 3,630 units sold, up
       48.3% over September 1999.

    Sales Results, September 2000: Mitsubishi Motor Sales of America, Inc.

                          September '00       September '99      % Change
                            Month/YTD           Month/YTD       Month/YTD
    Passenger Car
     Sales*             19,231 / 174,971    17,563 / 142,563   9.5% / 22.7%
    Sport Utility
     Vehicles**           6,776 / 65,145      4,438 / 38,817  52.7% / 67.8%
    Total Vehicle
     Sales              26,007 / 240,116    22,001 / 181,380   18.2% /32.4%
    US Assembled Cars:  14,150 / 127,184     13,055 / 96,805   8.4% / 31.4%
    Imported Cars:        5,081 / 47,787      4,508 / 45,758   12.7% / 4.4%
    Imported Truck/SUVs:  6,776 / 65,145      4,438 / 38,817  52.7% / 67.8%
    US Assembled
     Vehicles (1):      14,150 / 127,184     13,055 / 96,805   8.4% / 31.4%
    Imported
     Vehicles (2):      11,857 / 112,932      8,946 / 84,575  32.5% / 33.5%

    *   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