TOKYO, January 30, 2019 — Mitsubishi Motors Corporation (MMC) has revealed strong sales figures for CY 2018, with volumes up by 18% to 1, 218, 897 units. The figures prove the company still has strong momentum behind its V-shaped recovery plan, with double-digit percentage increases in both domestic and overseas markets.
New products including the Eclipse Cross SUV and revised Outlander PHEV saw sales in Japan grow from 91, 630 to 104, 611 – an increase of 14% versus CY 2017. Overseas sales were 1, 114, 286, an increase of 175, 452 units and up +19% on the year.
Export markets also showed strong growth, with the United States up 14% to 118, 075 units and Western Europe rising 19% to 178, 414. Particular highlight was a 64% increase in France (to 7, 303 units). Eastern Europe saw the greatest percentage growth – an increase of 79% versus CY 2017, in particular Russia with 45, 391 sales, up 87% from the previous year.
Focus2move| Mitsubishi Global Performance
As a region, it was the ASEAN business which saw the greatest rise with 322, 284 sales, up 35% versus 2017. Indonesia was the main driver of this growth, with 146, 805 sales – a massive 84% increase pushed by the success of new XPANDER compact multi-purpose vehicle. Mitsubishi Motors opened a new assembly plant in Indonesia during 2017 to build the new model. This success builds on the strong growth in 2017 too, meaning sales in Indonesia have risen by 118% in the past two years.
Other strong performances came from Thailand, with sales up 21% to 84, 560, Vietnam (+60% to 10, 969) and Malaysia (up 32% to 9, 261).
Trevor Mann, chief operating officer of Mitsubishi Motors, said: Our strong performances in 2018 are proof that our Drive For Growth plan to lead Mitsubishi to a sustainable recovery is working. We continue to be exceptionally strong in ASEAN region, and are also seeing pleasing growth in other key markets as new products reach customers and our SUV and EV offerings become increasingly relevant and attractive.'
Mitsubishi Motors Reports April 2017 Sales
Mitsubishi Motors Corporation is a global automobile company based in Tokyo, Japan, which has a competitive edge in SUVs and pickup trucks, electric and plug-in hybrid vehicles. The company launched the i-MiEV – the first mass-produced electric vehicle in 2009, which was followed by the OUTLANDER PHEV in 2013 – a plug-in hybrid market leader in Japan and Europe. Mitsubishi Motors has 30, 000 employees and a global footprint with production facilities in Japan, Thailand, China, Indonesia, Philippines and Russia. Models, such as the PAJERO SPORT/MONTERO SPORT, TRITON/L200 and OUTLANDER play a major role in achieving its growth. The global sales volume in fiscal year 2017 was 1, 101, 000 units, and the net sales of Mitsubishi Motors for fiscal year 2017 was 2.19 trillion yen. Mitsubishi Motors is listed on the Tokyo Stock Exchange.FRANKLIN, Tenn. , Jan. 4, 2023 // --Mitsubishi Motors North America, Inc.(MMNA) today reported fourth quarter 2022 sales of 20, 756 and annual sales of 85, 810 vehicles, as sales volume continued to be limited by industry-wide supply constraints. With a concentration through the year on maximizing dealer inventory for retail deliveries, MMNA's fleet volume in Q4 represented the single-lowest percentage of total sales ever, and full-year fleet volume at its lowest ever as well.
As it has been since its spring 2022 launch, Outlander remained the company's top seller and record breaker, with 40, 942 units sold through the full year, the best single year in the nameplate's history.
Meanwhile, the all-new 2023 Outlander Plug-in Hybrid Electric Vehicle (PHEV) began arriving in dealerships in late November, and MMNA's new electrified flagship charged out of the gate, setting a new all-time single-month sales record, nearly 20% above any other single month in the history of the model. PHEV sales were up 200% year-over-year in its first full month (December). While inventory levels continued ramping up, sales of the all-new Outlander PHEV were up 37.5% in the fourth quarter versus the same period a year ago.
Mitsubishi Posts First North American Profit In 7 Years
Despite ongoing challenges from vehicle and part supply, a changing economy and hard weather across the country to close the year, there were significant bright spots, with Outlander and Eclipse Cross up 20.8% and 19.8%, respectively, over 2021 in total sales. From a retail-only perspective, Outlander notched its second-best Q4 2022 sales performance ever, behind only the previous year's best-ever performance.
As the entire auto industry is experiencing, MMNA's inventory going into the new year remains far below ideal levels, and well below natural customer demand.
ABOUT MITSUBISHI MOTORS NORTH AMERICA , INC. Through a network of approximately 330 dealer partners across the United States, Mitsubishi Motors North America, Inc. (MMNA) is responsible for the sales, marketing and customer service of Mitsubishi Motors vehicles in the U.S. In its Environmental Targets 2030, MMNA's parent company Mitsubishi Motors Corporation has set a goal of a 40 percent reduction in the CO2 emissions of its new cars by 2030 through leveraging EVs — with PHEVs as the centerpiece — to help create a sustainable society.
Mitsubishi North America Released April Sales Figures
MMNA has its headquarters in Franklin, Tennessee, as well as corporate operations in California, Georgia, Michigan, New Jersey, Texas, Florida and Virginia.
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Despite ongoing challenges from vehicle and part supply, a changing economy and hard weather across the country to close the year, there were significant bright spots, with Outlander and Eclipse Cross up 20.8% and 19.8%, respectively, over 2021 in total sales. From a retail-only perspective, Outlander notched its second-best Q4 2022 sales performance ever, behind only the previous year's best-ever performance.
As the entire auto industry is experiencing, MMNA's inventory going into the new year remains far below ideal levels, and well below natural customer demand.
ABOUT MITSUBISHI MOTORS NORTH AMERICA , INC. Through a network of approximately 330 dealer partners across the United States, Mitsubishi Motors North America, Inc. (MMNA) is responsible for the sales, marketing and customer service of Mitsubishi Motors vehicles in the U.S. In its Environmental Targets 2030, MMNA's parent company Mitsubishi Motors Corporation has set a goal of a 40 percent reduction in the CO2 emissions of its new cars by 2030 through leveraging EVs — with PHEVs as the centerpiece — to help create a sustainable society.
Mitsubishi North America Released April Sales Figures
MMNA has its headquarters in Franklin, Tennessee, as well as corporate operations in California, Georgia, Michigan, New Jersey, Texas, Florida and Virginia.
By signing up you agree to receive content from us. Our newsletters contain tracking pixels to help us deliver unique content based on each subscriber's engagement and interests. For more information on how we will use your data to ensure we send you relevant content please visit our PRN Consumer Newsletter Privacy Notice. You can withdraw your consent at any time in the footer of every email you'll receive. Mit Ihrer Anmeldung erklären Sie sich damit einverstanden, Inhalte von uns zu erhalten. Unsere Newsletter enthalten Zählpixel, die die Lieferung einzigartiger Inhalte in Bezug auf das Abonnement und die Interessen der einzelnen Abonnenten ermöglichen. Weitere Informationen über die Verwendung Ihrer Daten im Hinblick auf die Zusendung von relevanten Inhalten, finden Sie in unserer PRN Consumer Newsletter Privacy Notice. Ihre Zustimmung können Sie jederzeit in der Fußzeile jeder erhaltenen E-Mail widerrufen. En vous inscrivant à la newsletter, vous consentez à la réception de contenus de notre part. Notre newsletter contient des pixels espions nous permettant la fourniture à chaque abonné, d’un contenu unique en lien avec ses souscriptions et intérêts. Pour de plus amples informations sur l’utilisation faite de vos données en vue de l’envoi des contenus concernés, nous vous invitons à consulter la politique de confidentialité disponible à partir du lien suivant PRN Consumer Newsletter Privacy Notice. Vous pouvez à tout moment revenir sur votre consentement par le biais des informations situées au bas de chaque e-mail reçu. Регистрирайки се, Вие се съгласявате да получавате информационно съдържание от нас. Нашите бюлетини съдържат проследяващи пиксели, които ни помагат да предоставяме уникално съдържание въз основа на ангажираността и интересите на всеки абонат. За повече информация относно начина, по който ще използваме Вашите данни, за да гарантираме, че Ви изпращаме подходящо съдържание, моля, направете справка с нашето Уведомление за поверителност на потребителския бюлетин на PRN. Можете да оттеглите съгласието си по всяко време в долния колонтитул на всеки от имейлите, които ще получите.
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