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Mitsubishi Motors Reports All-Time Record Sales in 2000

4 January 2001

Mitsubishi Motors Reports All-Time Record Sales in 2000

    Strong Products and Successful Dealers Achieve the Best Sales Total In
                      Mitsubishi Motors' 19-Year History

    CYPRESS, Calif., Jan. 3 Mitsubishi Motor Sales of America,
Inc. (MMSA) announces record-breaking sales for the second consecutive year.
Calendar year 2000 sales totaled 314,417 units, topped all previous sales
records and marked a 20% increase over 1999 calendar year sales of 261,254.
This increase was led by best-ever calendar year sales of six Mitsubishi
models, including the all-new Montero luxury SUV and Eclipse Spyder as well as
the Galant sport sedan and the Montero Sport midsize SUV.
    Product sales numbers of note:
    --  Best-ever YEAR for TOTAL MITSUBISHI sales with 314,417 units sold, up
        20.3% over 1999's record of 261,254.
    --  Best-ever YEAR for total Eclipse Spyder sales with 13,958 units sold,
        up 59.5% over 1999 and surpassing 1998's record of 12,336.
    --  Best-ever YEAR for total Eclipse Coupe sales with 57,349 units sold,
        up 8.0% over 1999 and surpassing 1993's record of 57,083.
    --  Best-ever YEAR for total Galant sales with 96,452 units sold, up 29.0%
        over 1999's record of 74,782.
    --  Best-ever YEAR for total Mirage Sedan sales with 39,726 units sold, up
        19.8% over 1999 and surpassing 1990's record of 36,108.
    --  Best-ever YEAR for total Montero sales with 21,578 units sold, up
        321.9% over 1999 and surpassing 1995's record of 17,747.
    --  Best-ever YEAR for total Montero Sport sales, with 66,375 units sold,
        up 12.5% over 1999's record of 59,007.

    "Passing the 300,000 vehicle sales was an incredible achievement for
Mitsubishi Motors," said Pierre Gagnon, Mitsubishi Motors' executive vice
president and chief operating officer.  "This represents a 65% increase in two
years and marks a tremendous turn around for this company.  We are proud of
the contributions to our success made by our retail partners and employees."
    
    Sales Results, DECEMBER 2000: Mitsubishi Motor Sales of America, Inc.

                  DECEMBER '00     DECEMBER '99 %    Change    DSR*** % Change
                    Month/YTD        Month/YTD      Month/YTD     Month/YTD
    Passenger Car
     Sales*       16,477/ 226,464  17,786/ 197,132  -7.4%/ 14.9%  -3.7%/ 14.9%
    Sport Utility
     Vehicles**     8,235/ 87,953   9,509/ 64,122  -13.4%/ 37.2%  -9.9%/ 37.2%
    Total Vehicle
     Sales        24,712/ 314,417 27,295/ 261,254   -9.5%/ 20.3%  -5.8%/ 20.3%
    US Assembled
     Cars:        13,637/ 167,759 12,888/ 136,656    5.8%/ 22.8%  10.0%/ 22.8%
    Imported
     Cars:          2,840/ 58,705   4,898/ 60,476  -42.0%/ -2.9% -39.7%/ -2.9%
    Imported
     Truck/SUVs:    8,235/ 87,953   9,509/ 64,122  -13.4%/ 37.2%  -9.9%/ 37.2%
    US Assembled
     Vehicles(1): 13,637/ 167,759 12,888/ 136,656    5.8%/ 22.8%  10.0%/ 22.8%
    Imported
     Vehicles(2): 11,075/ 146,658 14,407/ 124,598  -23.1%/ 17.7% -20.1%/ 17.7%

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