Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for November 2007.
• Production: total and in Japan
Total global production came in at 126,851 units, an increase of 6.8 percent over November 2006 and marking the ninth consecutive monthly increase since March this year. Production volume in Japan increased 6.2 percent to 76,126 units, the 14th consecutive month of year-on-year growth and marking a new record for November since Mitsubishi Motors spun off its truck and bus operations in 2003.
This growth was driven by a 36.7 percent increase in output (26,552 units) of the New Lancer for the Russian, North American, and Middle East and African markets and by a 60.4 percent increase in output (15,252 units) of the New Outlander for the European and Chinese markets.
• Sales in Japan
Vehicle sales in Japan in November totaled 18,938 units, a 11.0 percent decrease year-on-year. Passenger car (registrations and mini-car) sales of 13,264 units and commercial vehicle sales of 5,674 units were 15.7 percent down and 2.1 percent up respectively on the same month last year.
Total registered vehicle sales were 17.5 percent up year-on-year driven mainly by the recently introduced Galant Fortis. Total mini-car sales were 22.1 percent down.
• Production overseas
Overseas production volume totaled 50,725 units, 7.8 percent up over November last year and marked the third consecutive monthly increase since September this year. In Asia production at 33,653 units was 21.7 percent up on November 2006, driven mainly by higher output at China Motor Co., Ltd. in Taiwan and at South East (Fujian) Motor Co., Ltd. in China.
In Europe production came in at 6,618 units or 7.1 percent down on last year's figure. In North America production at 5,123 units was 39.8 percent down on last year.
• Export shipments from Japan
Total exports from Japan of 46,292 units were 7.0 percent up on November 2006, marking the 13th consecutive month of year-on-year increases and setting a new record for November since Mitsubishi Motors spun off its truck and bus operations in 2003. Exports to Asia of 4,497 units marked a substantial 124.1 percent increase over the same period last year thanks to firm sales of the New Outlander to China and to the introduction of the New Lancer in Singapore.
Exports to North America of 3,983 units were 33.2 percent down on November 2006, this decline being a reflection of last year's sales surge seen with the introduction of the New Outlander and a result of a shortage of shipping space this year.
November
2007 Fiscal Year 2007
('07/4-'07/11) Calendar Year 2007 ('07/1-'07/11) Volume YoY (%) Volume YoY (%) Volume YoY (%)
Domestic
Production Passenger Cars 69,387 107.2 487,978 118.3 685,302 115.4
Commercial Vehicles 6,739 96.6 55,352 81.8 81,502 87.7
Total 76,126 106.2 543,330 113.1 766,804 111.7
Domestic Sales * Passenger
Cars Registrations 6,520 120.2 46,149 128.4 71,556 116.9
Minicars 6,744 65.5 52,127 72.3 86,282 73.9
Total 13,264 84.3 98,276 91.0 157,838 88.7
Commercial
Vehicles Registrations 457 89.1 3,982 50.2 5,819 45.7
Minicars 5,217 103.4 32,154 85.2 47,048 83.5
Total 5,674 102.1 36,136 79.1 52,867 76.5
Registrations Total 6,977 117.5 50,131 114.3 77,375 104.6
Minicars Total 11,961 77.9 84,281 76.7 133,330 77.0
Grand Total 18,938 89.0 134,412 87.4 210,705 85.3
Exports Passenger Cars 45,466 109.1 362,938 144.6 502,326 142.1
Commercial Vehicles 826 51.6 9,321 85.0 12,964 91.9
Total 46,292 107.0 372,259 142.1 515,290 140.2
Production Domestic Production 76,126 106.2 543,330 113.1 766,804 111.7
Overseas Production 50,725 107.8 386,917 122.7 526,523 112.1
Total 126,851 106.8 930,247 128.5 1,293,327 119.3
* Includes imports to Japan.
* Excludes truck and bus units as MMC's truck and bus operations were spun off into Mitsubishi Fuso Truck and Bus Corporation in January 2003.
* Effective from October 2006, "Delica Wagon" and "Pajero" (also "Montero" or "Shogun") figures which used to be included in the Commercial Vehicles category are now included in Passenger Cars category.
-Fumio Nishizaki-