Mitsubishi Motors announces production, sales and export figures for February 2010

Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for February 2010.

    *       Production: global total and Japan

      Total global production for February 2010 came in at 95,840 units, 112.8 percent up over the same month last year and the fourth consecutive monthly increase since November 2009. Production volume in Japan at 54,638 units was 171.3 percent up, the third consecutive monthly year-on-year increase.

 Passenger car output at 47,926 units was 206.0 percent up on the back of firm sales of Colt and Colt Plus eco-car models and of the Delica D:5 as well as a firm increase in Outlander for-export models. Commercial vehicle output at 6,712 units was 50.0 percent up.

    *      Sales in Japan

      Vehicle sales in Japan in February totaled 16,026 units, 17.6 percent up on the same month last year and the fourth consecutive monthly year-on-year increase. Sales of passenger cars at 12,249 units were 17.1 percent up and sales of commercial vehicles at 3,777 units were 19.3 percent up over February 2009.

Registered vehicle sales volume at 5,999 units was 54.6 percent up on the same month last year, bolstered primarily by 69.8 percent and 14.4 percent increases respectively in sales of Colt and Colt Plus models. Sales of Delica D:5 and Outlander models were also up, by 55.6 percent and 58.6 percent respectively. Minicar sales volume at 10,027 units was 2.9 percent up over February 2009 helped by a 13.7 percent increase in sales of the eK series.

    *      Production overseas

      Overseas production volume totaled 41,202 units, 65.4 percent up over February last year and the fourth consecutive monthly year-on-year increase. By region, output in Asia at 32,407 units was 87.7 percent up, boosted chiefly by 31.5 percent, 51.3 percent, 177.9 percent and 45.6 percent increases at China Motor Corp. in Taiwan, South East (Fujian) Motor in China, MMTh in Thailand and KRM in Indonesia respectively.

In North America output rebounded to 2,813 units for a 53.7 percent increase over February last year. In Europe output at 1,979 units was 44.0 percent down as sales at NedCar remained sluggish. In South America output at 3,570 units was 88.9 percent up on February last year as sales at MMC Automotores do Brasil Ltda. continued to recover.

    *      Export shipments from Japan

      Total exports from Japan of 29,043 units were 119.2 percent up on February 2009 marking the third consecutive monthly year-on-year rise. Exports to Asia at 4,008 units were 193.2 percent up on the back of higher shipments to China helped by continuing increases in shipments to Malaysia and Brunei.

Shipments to North America at 2,631 units were 8.0 percent down over the same month last year as the deferment of shipments to Canada until March countered a strong 100 percent increase in shipments to the United States. Exports to Europe at 8,486 units were 149.5 percent up, driven mainly by a recovery in shipments to Russia as well as by a 177.0 percent year-on-year increase in shipments to Spain.

February 2010    Fiscal Year 2009 ('09/04-'10/02)    Calendar Year 2010 ('10/01-'10/02)
Volume    YoY(%)    Volume    YoY(%)    Volume    YoY(%)

Domestic
Production    Passenger Cars    47,926    306.0     379,321    65.4     88,336    240.2
Commercial Vehicles    6,712    150.0     67,727    101.7     13,016    148.8
Total    54,638    271.3     447,048    69.2     101,352    222.6

Domestic
Sales *    Passenger
Cars    Registrations    5,784    158.9     49,783    116.0     10,283    159.5
Minicars    6,465    94.9     54,976    84.2     10,904    96.8
Total    12,249    117.1     104,759    96.8     21,187    119.6

Commercial
Vehicles    Registrations    215    90.0     2,595    71.6     368    87.4
Minicars    3,562    121.7     33,715    101.2     5,937    115.2
Total    3,777    119.3     36,310    98.3     6,305    113.1

Registrations Total    5,999    154.6     52,378    112.5     10,651    155.1
Minicars Total    10,027    102.9     88,691    90.0     16,841    102.6
Grand Total    16,026    117.6     141,069    97.2     27,492    118.1
Exports    Passenger Cars    28,325    216.1     243,384    55.8     59,219    229.0
Commercial Vehicles    718    509.2     5,934    63.6     1288    398.8
Total    29,043    219.2     249,318    55.9     60,507    231.1
 
Production    Domestic Production    54,638    271.3     447,048    69.2     101,352    222.6
Overseas Production    41,202    165.4     376,471    98.3     84,768    160.4

Total    95,840    212.8     823,519    80.0     186,120    189.2

*Includes imports to Japan


- Tetsuji Inoue-