Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for August 2008.
# Production: total and in Japan
Total global production came in at 90,987 units, a decline of 17.1 percent over August 2007 and the sixth consecutive monthly decrease since March.
Production volume in Japan at 55,790 units was down 13.2 percent as a 11.3 percent decrease in passenger car and 27.6 percent decrease in commercial vehicle output saw year-on-year volume fail to grow for the first time in 23 months.
The decline in production volume in Japan was due mainly to reductions in production volume of registered cars and minicars in Japan to match falling sales on the Japanese market.
# Sales in Japan
Vehicle sales in Japan in August totaled 10,506 units, a 31.6 percent decrease year-on-year and the 12th consecutive monthly decline since September 2007. Registrations and minicar sales were 34.0 percent and 30.2 percent down respectively on the same month last year.
# Production overseas
Overseas production volume totaled 35,197 units, 22.7 percent down over August last year and the sixth consecutive monthly decline.
By region, North America output at 5,358 units was 34.5 percent down as production levels were adjusted for slow sales in the U.S.
# Export shipments from Japan
Total exports from Japan of 50,319 units were 8.0 percent up on August 2007, marking the 22nd consecutive month of year-on-year increases and setting a new record for August since Mitsubishi Motors spun off its truck and bus operations in 2003.
Exports to North America at 4,646 units were 168.9 percent up on August 2007 buoyed by strong sales overall in Canada and of the Lancer series which bucked the market downturn in the United States.
Exports to Europe at 24,435 units were 44.6 percent up year on year boosted by continuing strong sales in The Ukraine.
August 2008 Fiscal Year 2008
('08/04 - '08/8) Calendar Year 2008
('08/01-'08/08)
Volume YoY(%) Volume YoY(%) Volume YoY(%)
Domestic
Production Passenger Cars 50,377 88.7 294,473 104.4 522,137 108.9
Commercial Vehicles 5,413 72.4 31,982 94.3 57,407 95.6
Total 55,790 86.8 326,455 103.3 579,544 107.4
Passenger
Cars Registrations 3,397 65.5 20,694 79.7 45,492 88.5
Minicars 4,465 85.3 26,597 86.3 55,039 84.7
Total 7,862 75.5 47,291 83.3 100,531 86.4
Domestic
Sales * Commercial
Vehicles Registrations 282 71.4 1,987 79.6 3,521 81.3
Minicars 2,362 52.0 15,831 83.6 29,067 85.9
Total 2,644 53.6 17,818 83.2 32,588 85.4
Registrations Total 3,679 66.0 22,681 79.7 49,013 88.0
Minicars Total 6,827 69.8 42,428 85.3 84,106 85.1
Grand Total 10,506 68.4 65,109 83.3 133,119 86.2
Exports Passenger Cars 49,344 108.8 241,559 110.1 422,745 117.8
Commercial Vehicles 975 78.8 5,751 91.7 9,728 98.1
Total 50,319 108.0 247,310 109.6 432,473 117.3
Production Domestic Production 55,790 86.8 326,455 103.3 579,544 107.4
Overseas Production 35,197 77.3 186,912 78.2 316,144 83.5
Total 90,987 82.9 513,367 92.5 895,688 97.5
* Includes imports to Japan
-Fumio Nishizaki-
