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

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

# Production: total and in Japan
Total global production came in at 91,750 units, a decline of 27.7 percent over November 2007 and the ninth consecutive monthly decrease since March. Production volume in Japan at 55.858 units was down 26.6 percent as a 28.6 percent decrease in passenger car and a 6.6 percent decrease in commercial vehicle output saw year-on-year volume fail to grow for the first time in three months. The fall in production volume in Japan was due mainly to the impact on sales in the company's world markets of the global financial crisis that was sparked in the United States.

# Sales in Japan
Vehicle sales in Japan in November totaled 13,044 units, a 31.1 percent decrease year-on-year and the 15th consecutive monthly decline since September 2007. Registration and minicar sales were 45.5 percent and 22.7 percent down respectively on the same month last year.

# Production overseas
Overseas production volume totaled 35,892 units, 29.2 percent down over November last year and the ninth consecutive monthly decline. By region, output in North America at 3,281 units was 36.0 percent down as production levels were adjusted for slow sales in the United States.

# Export shipments from Japan
Total exports from Japan of 39,917 units were 13.8 percent down on November 2007, for the first time in two months. Exports to North America at 4,563 units were 14.6 percent up on November 2007, driven chiefly by strong sales of the Lancer in Mexico. Exports to Europe at 13,938 units were 6.8 percent up. Exports to Asia at 2,843 units were 36.8 percent down on November 2007.


    November
2008     Fiscal Year 2008 ('08/04-'08/11)     Calendar Year 2008 ('08/01-'08/11) Volume     YoY(%)     Volume     YoY(%)     Volume     YoY(%)

Domestic
Production     Passenger Cars     49,565     71.4     494,532     101.3     722,196     105.4
Commercial Vehicles     6,293     93.4     51,999     93.9     77,424     95.0
Total     55,858     73.4     546,531     100.6     799,620     104.3
Domestic
Sales *     Passenger
Cars     Registrations     3,540     54.3     32,921     71.3     57,719     80.7
Minicars     5,898     87.5     49,118     94.2     77,560     89.9
Total     9,438     71.2     82,039     83.5     135,279     85.7
Commercial
Vehicles     Registrations     263     57.5     3,010     75.6     4,544     78.1
Minicars     3,343     64.1     25,642     79.7     38,878     82.6
Total     3,606     63.6     28,652     79.3     43,422     82.1
Registrations Total     3,803     54.5     35,931     71.7     62,263     80.5
Minicars Total     9,241     77.3     74,760     88.7     116,438     87.3
Grand Total     13,044     68.9     110,691     82.4     178,701     84.8
Exports     Passenger Cars     39,117     86.0     383,545     105.7     564,731     112.4
Commercial Vehicles     800     96.9     8,452     90.7     12,429     95.9
Total     39,917     86.2     391,997     105.3     577,160     112.0
Production     Domestic Production     55,858     73.4     546,531     100.6     799,620     104.3
Overseas Production     35,892     70.8     299,605     77.4     428,837     81.4
Total     91,750     72.3     846,136     91.0     1,228,457     95.0
*      Includes imports to Japan

   
- Fumio Nishizaki, Kai Inada-