Mitsubishi Motors announces production, sales and export figures for July 2008

27.08.2008: Mitsubishi Motors announces production, sales and export figures for July 2008

Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for July 2008.

# Production: total and in Japan

Total global production came in at 113,538 units, a decline of 0.9 percent over July 2007 and the fifth consecutive monthly decrease since March. Production volume in Japan at 74,909 units was up 11.1 percent as a 12.1 percent increase in passenger car and 4.0 percent rise in commercial vehicle output saw the 22nd consecutive month of year-on-year growth and a new record for July since Mitsubishi Motors spun off its truck and bus operations in 2003.

This growth was driven principally by a 53.5 percent increase in output (16,232 units) of the New Outlander, which continues to sell briskly in European and Chinese markets, and by a 18.0% increase (27,585 units) in output of the Lancer on the back of strong sales in Russia, North America and Middle East & African markets.

 

# Sales in Japan

Vehicle sales in Japan in July totaled 15,393 units, a 9.2 percent decrease year-on-year and the 11th consecutive monthly decline since September 2007.

Passenger car (registrations and mini-car) sales of 11,335 units and commercial vehicle sales of 4,058 units were 9.2 percent and 9.3 percent down respectively on the same month last year.

Highlights for the month included an 11 percent and a 9.4 percent increase in sales of the Colt series and of the Pajero Mini respectively.

 

# Production overseas

Overseas production volume totaled 38,629 units, 18.1 percent down over July last year and the fifth consecutive monthly decline.

By region, in Asia output at MMPC*1 in the Philippines and at KRM*2 in Indonesia rose by 17.8 percent and 59.6 percent respectively. In North America output at 4,244 units was 26.0 percent down as production levels were adjusted for slow sales in the U.S.

*1 MMPC: Mitsubishi Motors Philippines Corporation

*2 KRM: P.T. Krama Yudha Ratu Motors

 

# Export shipments from Japan

Total exports from Japan of 47,119 units were 5.0 percent up on July 2007, marking the 21st consecutive month of year-on-year increases and setting a new record for July since Mitsubishi Motors spun off its truck and bus operations in 2003.

Exports to Europe at 19,751 units were 6.5 percent up on July2007 buoyed by continuing strong sales in the Ukraine and Russia.

 

July 2008 Fiscal Year 2008 ('08/04 - '08/7) Calendar Year 2008 ('08/01-'08/07) Volume YoY (%) Volume YoY (%) Volume YoY (%)

Domestic

Production Passenger Cars 66,203 112.1 244,096 108.4 471,760 111.6

Commercial Vehicles 8,706 104.0 26,569 100.5 51,994 98.9

Total 74,909 111.1 270,665 107.5 523,754 110.2

Passenger

Cars Registrations 5,521 93.8 17,297 83.2 42,095 91.1

Minicars 5,814 88.2 22,132 86.5 50,574 84.7

Total 11,335 90.8 39,429 85.0 92,669 87.5

Domestic

Sales * Commercial

Vehicles Registrations 405 72.2 1,705 81.2 3,239 82.2

Minicars 3,653 93.3 13,469 93.6 26,705 91.2

Total 4,058 90.7 15,174 92.0 29,944 90.1

Registrations Total 5,926 91.9 19,002 83.0 45,334 90.4

Minicars Total 9,467 90.1 35,601 89.1 77,279 86.8

Grand Total 15,393 90.8 54,603 86.9 122,613 88.1

Exports Passenger Cars 45,597 104.3 192,215 110.5 373,401 119.1

Commercial Vehicles 1,522 129.5 4,776 94.9 8,753 100.9

Total 47,119 105.0 196,991 110.0 382,154 118.7

Production Domestic Production 74,909 111.1 270,665 107.5 523,754 110.2

Overseas Production 38,629 81.9 151,715 78.4 280,947 84.3

Total 113,538 99.1 422,380 94.9 804,701 99.5

* Includes imports to Japan

 

- Fumio Nishizaki-

Permanent-URL: http://www.automobilsport.com/finance-mitsubishi-motors-production-sales-export-figures-july-2008---43161.html

27.08.2008 / MaP

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