Mitsubishi Motors Announces Production, Domestic Sales, Exports for August 2004

 

Tokyo, September 27, 2004  — Mitsubishi Motors Corporation (MMC) today announced production, domestic sales and export results for August 2004.

Global production in August totaled 84,883 units, a decrease of 25.9 percent compared to the same month last year.

Output in Japan slipped 46.2 percent to 29,046 units. Offshore production declined 7.7 percent on year to 55,837 units. By region, production in Asia decreased 4.7 percent to 39,514 vehicles, North American output declined in August by 12.7 percent to 9,077 units, European production slipped 30.1 percent to 2,567 units.

Sales in Japan declined 45.2 percent on year to 10,143 units. Of this, registrations, which exclude 660cc minicars, declined 56.8 percent to 2,946, while minicar sales slipped 38.5 percent on year to 7,197 units. MMC's share of the domestic market in August was 2.8 percent, down from 5.2 percent in August last year.

Exports from Japan grew for the fifth consecutive month in August, gaining 3.7 percent on year to finish at 28,413 units. By region, exports to Europe shot up 51.7 percent on year to 10,910, exports to North America declined 16.6 percent to 4,277 and shipments to Asia were off 28.8 percent at 3,012 units.

 

Aug-04

Fiscal Year
2004
('04/4-'04/8)

Calendar Year
2004
('04/1-'04/8)

Volume

YoY
Chg.
(%)

Volume

YoY
Chg.
(%)

Volume

YoY
Chg.
(%)

Domestic
Production

Passenger Cars

25,580

52.3

197,016

80.3

367,899

87.0

Commercial Vehicles

3,466

67.9

35,486

98.0

70,423

113.4

Total

29,046

53.8

232,502

82.5

438,322

90.4

Domestic
Sales *

Passenger
Cars

Registrations

2,041

35.6

16,320

39.3

46,436

54.9

Minicars

4,086

55.2

30,240

57.5

80,885

79.7

Total

6,127

46.6

46,560

49.4

127,321

68.4

Commercial
Vehicles

Registrations

905

83.0

6,194

81.0

13,946

98.4

Minicars

3,111

72.4

22,200

78.8

43,579

90.0

Total

4,016

74.5

28,394

79.3

57,525

91.9

Registrations Total

2,946

43.2

22,514

45.7

60,382

61.1

Minicars Total

7,197

61.5

52,440

64.9

124,464

83.0

Grand Total

10,143

54.8

74,954

57.6

184,846

74.3

Exports

Passenger Cars

27,400

105.2

140,032

109.3

225,837

98.8

Commercial Vehicles

1,013

75.9

5,311

87.7

9,993

100.2

Total

28,413

103.7

145,343

108.3

235,830

98.9

 

Production

Domestic Production

29,046

53.8

232,502

82.5

438,322

90.4

Overseas Production

55,837

92.3

343,922

96.8

526,598

90.3

Total Production

84,883

74.1

576,424

90.5

964,920

90.3

* Includes imports

N.B.

Figures exclude truck and bus units as MMC's truck and bus operations were spun off into Mitsubishi Fuso Truck and Bus Corporation in January 2003.