Mitsubishi Motors announces production, sales and export figures for February 2009

Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for February 2009.

# Production: total and in Japan
Total global production came in at 45,048 units, a decline of 65.0 percent over February 2008 and the twelfth consecutive monthly decrease since March. Production volume in Japan at 20,138 units was down 76.8 percent as a 79.9 percent decrease in passenger car (15,664 units) and a 49.4 percent decline in commercial vehicle (4,474 units) output saw year-on-year output fall for the fourth consecutive month. The fall in production volume in Japan was, as in the previous three months, due mainly to the impact of the global financial crisis on sales volume in the company's world markets.

# Sales in Japan
Vehicle sales in Japan in February totaled 13,623 units, a 33.6 percent decrease year-on-year and the 18th consecutive monthly decline since September 2007. Registered vehicle sales volume at 3,880 units was 50.5 percent down on the same month last year. Minicar sales volume at 9,743 units was 23.2 percent down.

# Production overseas
Overseas production volume totaled 24,910 units, 40.3 percent down over February last year and the twelfth consecutive monthly decline. By region, output in North America was 74.6 percent down as production levels were adjusted for slow sales in the United States. In Europe, output was 44.3 percent down.

# Export shipments from Japan
Total exports from Japan of 13,250 units were 75.0 percent down on February 2008, marking the fourth consecutive month of year-on-year decreases. Exports to Asia at 1,367 units were 75.5 percent down on February 2008 due mainly to a major drop in shipments of built-up models to China.

Exports to Europe at 3,401 units were 81.2 percent down due mainly to a major drop in sales in Russia and The Ukraine. Exports to North America as a whole at 2,859 units were 64.8 percent down, though shipments to Canada and to Mexico were 57 percent and 27 percent up respectively over February last year.

    February 2009     Fiscal Year 2008 ('08/04-'09/2)     Calendar Year 2009 ('09/01-'09/2)
Volume     YoY(%)     Volume     YoY(%)     Volume     YoY(%)
Domestic
Production     Passenger Cars     15,664     20.1     567,790     80.7     36,781     25.6
Commercial Vehicles     4,474     50.6     66,600     84.8     8,749     54.7
Total     20,138     23.2     634,390     81.1     45,530     28.5
Domestic
Sales *     Passenger
Cars     Registrations     3,641     49.5     42,926     64.7     6,447     48.0
Minicars     6,815     78.4     65,263     90.0     11,265     77.0
Total     10,456     65.2     108,189     77.9     17,712     63.1
Commercial
Vehicles     Registrations     239     49.0     3,623     69.4     421     47.8
Minicars     2,928     73.2     33,308     78.9     5,153     76.3
Total     3,167     70.6     36,931     77.8     5,574     73.0
Registrations Total     3,880     49.5     46,549     65.1     6,868     48.0
Minicars Total     9,743     76.8     98,571     85.9     16,418     76.8
Grand Total     13,623     66.4     145,120     77.9     23,286     65.2
Exports     Passenger Cars     13,109     25.2     436,541     82.8     25,863     24.0
Commercial Vehicles     141     13.2     9,323     73.9     323     12.7
Total     13,250     25.0     445,864     82.6     26,186     23.7
Production     Domestic Production     20,138     23.2     634,390     81.1     45,530     28.5
Overseas Production     24,910     59.7     383,049     74.9     52,857     62.3
Total     45,048     35.0     1,017,439     78.7     98,387     40.3
*      Includes imports to Japan

   
- Fumio Nishizaki-