Hiroshima, Japan, Mar 29, 2012 - (JCN Newswire) - Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for February 2012
Production: global total and Japan
Total global production for February 2012 came in at 102,243 units, 3.3 percent down over February 2011 and the seventh consecutive monthly decrease since July 2011. Production volume in Japan at 52,205 units was 15.2 percent down on February 2011, the seventh consecutive monthly decrease since July 2011. Passenger car output at 45,036 units was 16.3 percent down on the same month last year. Commercial vehicle output at 7,169 units was 8.1 percent down year on year.
Sales in Japan
Vehicle sales in Japan in February 2012 totaled 14,530 units, 5.6 percent up on the same month last year, and exceeded the figure for the previous year for the second consecutive month since December 2011. Sales of passenger cars at 11,137 units were 14.6 percent up and sales of commercial vehicles at 3,393 units were 16.2 percent down respectively year on year. Registered vehicle sales volume at 5,655 units was 32.0 percent up while minicar sales volume at 8,875 units was 6.4 percent down respectively on the same month last year.
Production overseas
Overseas production volume in February 2012 totaled 50,038 units, 13.2 percent up on February 2011 and marked the first year-on-year increase in two months since December 2011. By region, output in Asia at 41,455 units was 22.2 percent up year on year. This was on the back of a 18.3 percent increase at MMTh (23,127 units) as the company worked to regain production lost due to last year's flooding; a 16.5 percent increase at CMC in Taiwan where there were fewer operating days last year due to the Chinese New Year holiday; a 31.7 percent y-o-y increase in China (8,697 units), and a 36.9 percent increase at Souest Motors (SEM) also stemming from fewer operating days last year due to the Chinese New Year holiday. In North America, output at 2,790 units was 32.3 percent down while in Europe output at 1,353 units was 52.8 percent down on February 2011. In South America, output at 4,440 units was 52.6 percent up year on year.
Export shipments from Japan
Total exports from Japan of 34,168 units in February 2012 were 25.0 percent down year on year, marking the sixth consecutive monthly year-on-year decrease since August 2011. Exports to Asia at 2,254 units were 56.1 percent down year on year. Exports to North America at 4,328 units were 29.6 percent down on the same month last year. Exports to Europe at 15,792 units were 23.4 percent down year on year.
About Mitsubishi Motors
Mitsubishi Motors Corporation (TSE: 7211) was established in 1970 and is one of the few automobile companies in the world that produces a full line of automotive products ranging from 660-cc mini cars and passenger cars to commercial vehicles and heavy-duty trucks and buses. The company also operates consumer financing services and provides this to its customer base. For more information, please visit www.mitsubishi-motors.com.
Contact:
Mitsubishi Motors
Public Relations Department
http://www.mitsubishi-motors.com
+81-3-6852-4275
Mar 29, 2012
Source: Mitsubishi Motors
Mitsubishi Motors (TSE: 7211) (U.S: MMTOF)
From the Japan Corporate News Network
http://www.japancorp.net
Topic: Press release summary
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