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Mitsubishi Motors Announces Production, Sales and Export Figures for March 2011 and 2010 Fiscal Year

Tokyo, April 25, 2011-Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for March 2011 and for the 2010 fiscal year.

March 2011
* Production: Global and in Japan

Total global production for March 2011 came in at 106,229 units, 10.9 percent down over the same month last year and the first monthly decrease in three months since December 2010. Production volume in Japan at 49,434 units was 25.7 percent down year-on-year, the first year-on-year decrease in 16 months since November 2009. Passenger car output at 43,386 units was 26.5 percent down on the previous fiscal year. Commercial vehicle output at 6,048 units was 19.8 percent down on March 2010. The decline in output in Japan was due to restricted operation of the company's factories after the Great East Japan Earthquake.

* Sales in Japan
Vehicle sales in Japan in March totaled 20,332 units, 31.4 percent down on the same month last year and the first year-on-year monthly decrease in seven months since September 2010. Sales of passenger cars at 14,922 units were 36.2 percent down year-on-year, while sales of commercial vehicles at 5,410 units were 13.5 percent down over March 2010. Registered vehicle sales volume at 6,732 units was 47.7 percent down on the same month last year. Minicar sales volume at 13,600 units was 18.9 percent down over March 2010.

* Production overseas
Overseas production volume totaled 56,795 units, 7.9 percent up over March last year and the third consecutive monthly year-on-year increase since January 2011. By region, output in Asia at 45,834 units was 8.4 percent up on March 2010, boosted chiefly by 33.4 percent, 12.1 percent, and 43.9 percent year-on-year increases at China Motor Corp. in Taiwan, MMTh in Thailand and KRM in Indonesia respectively. Output in China at 11,145 units was 14.0 percent down compared to last March. In North America, output at 4,265 units was 45.9 percent up year-on-year. In Europe, output at 2,128 units was 30.8 percent down over the same period last year. In South America output at 4,380 units was 12.3 percent up on March 2010.

* Export shipments from Japan
Total exports from Japan of 45,667 units were 0.8 percent down on March 2010, marking the first monthly year-on-year decrease since November 2009 as shipments of built-up cars to certain regions were affected by the earthquake. Exports to Asia at 7,202 units were 22.0 percent up on the back of higher shipments to China. Shipments to North America at 5,257 units were 1.3 percent down due to decreased production in models for the Canadian market. Exports to Europe overall at 18,559 units were 49.0 percent up, though shipments to some markets in Europe were impacted by the earthquake.

2010 Fiscal Year (April 2010 - March 2011)
* Production: Global and in Japan

Total global production in fiscal year 2010 came in at 1,185,723 units, 25.8 percent up over fiscal year 2009 and the first increase in annual volume since fiscal year 2007. Production volume in Japan at 663,320 units was 29.2 percent up on fiscal year 2009, the first increase in three years since fiscal year 2007. Passenger car volume at 590,083 units was 34.7 percent up on fiscal year 2009, chiefly on the back of the success of the RVR model. Commercial vehicle volume at 73,237 units was 3.0 percent down in comparison to last fiscal year.

* Sales in Japan
Vehicle sales in Japan in fiscal year 2010 totaled 163,470 units, 4.2 percent down over fiscal 2009 and the first decrease in annual total in 2 years since fiscal 2008. Passenger car sales of 120,124 units and commercial vehicle sales of 43,346 units were 6.2 percent down and 1.8 percent up respectively on the last fiscal year. Registered vehicle sales volume at 59,297 units was 9.1 percent down from fiscal year 2009. Minicar sales of 104,173 units were 1.2 percent down in comparison to last year's sales.

* Production overseas
Overseas production volume in fiscal year 2010 totaled 522,403 units, 21.7 percent up over last year and the second consecutive annual rise since fiscal year 2009. By region, output in Asia at 422,211 units was 28.7 percent up on fiscal year 2009, buoyed principally by 54.3 percent and 77.8 percent increases at MMTh in Thailand and KRM in Indonesia respectively. Output in China at 116,563 units was up 0.5 percent on fiscal year and was the second highest volume on record. In North America, output at 32,846 units was 44.7 percent up on fiscal year 2009 which had been impacted by a three-month halt in production. In Europe, output at 27,149 units was 30.3 percent down in comparison to fiscal year 2009, due to slower sales in the region. In South America, output at 35,970 units was 1.5 percent up on fiscal year 2009 following a recovery in sales.

* Export shipments from Japan
Total exports from Japan in fiscal year 2010 of 472,143 units were 59.9 percent up on the previous fiscal year, the first year-on-year increase in three years since fiscal year 2007. By region, exports to Asia of 60,048 units were 46.8 percent up over fiscal year 2009, driven mainly by increased shipments of built-up cars to China. Exports to North America of 62,000 units were 18.8 percent up on last fiscal year, due principally to stronger sales in the United States. Exports to Europe of 186,722 units were 199.8 percent up in comparison to fiscal year 2009, driven mainly by a major recovery in sales in Russia.


Mitsubishi Motors' Post-Earthquake Production Forecast

We would like to express our deepest condolences and sympathies to all those who have suffered and are suffering as a result of this extremely tragic earthquake and its aftermath. It is our sincere hope all those affected will be able to recover soon from this difficult situation.

* Production Forecast for April
MMC has been producing irregularly with repeated starts and stops of production at its Japanese plants since the occurrence of the disaster. However, with the parts procurement situation expected to improve, MMC has resumed continuous production from April 18. Therefore MMC forecasts a production volume for April 18 to the end of the April to be about 90% of its original planned volume, and forecasts a production volume for the entire month to reach about 60% of its original planned volume.

* Post-April Production
While ascertaining the status of parts procurement, MMC will decide on its domestic production plans for the time after a string of national holidays that start at the end of April and take up the first week of May.

* Production Outside of Japan
Meanwhile, although some of MMC's models produced abroad are and have been limited by parts procurement, the effect on MMC's production abroad is negligible and MMC forecasts normal and continuous operation for its plants outside of Japan.


Mitsubishi Motors display the Mitsubishi Concept Global Small at Auto Shanghai 2011

Tokyo, April 7, 2011 – Mitsubishi Motors will display the Mitsubishi Concept Global Small compact car for China debut at the Auto Shanghai to be held at the Shanghai New International Expo Center for April 19 through April 28 (Press days for April 19-20, General exhibition dates for April 20-28). Mitsubishi Compact Global Small (show model), a concept car based on the features of "compact," "affordability" and "high fuel efficiency" for worldwide markets. Other show models include the Mitsubishi Concept PX-MiEV new-generation crossover concept, which is equipped new-developped Mitsubishi Plug-in Hybrid System, and the Pajero Sport, mid-size SUV that has been based on a "high-speed off-roader" concept. The lineup of 11 models at the Auto Shanghai includes Mitsubishi-brand models currently on sale in China.

The Mitsubishi Motors press briefing will be held from 11:30 am on Tuesday April 19 at the Mitsubishi Motors stand in Hall E4.

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MITSUBISHI Concept Global Small

Mitsubishi Motors lineup at Auto Shanghai 2011
MITSUBISHI Concept Global Small / Show model. First shown at 2011 Geneva Motor Show.
MITSUBISHI Concept PX-MiEV / Show model. Displayed at the 2009 Tokyo Motor Show.
Pajero Sport / Show model. Built in Thailand.
ASX / RVR in Japan. Built in Japan.
Outlander EX / Outlander in Japan. Built in Japan.
Pajero / Built in Japan.
Lancer EX / Galant Fortis in Japan. Built in China.
Lancer Evolution / Lancer Evolution X in Japan. Built in Japan.


Mitsubishi Motors Starts Taking Orders for MINICAB-MiEV Commercial Mini EV

Tokyo, April 1, 2011 ― Mitsubishi Motors Corporation today began taking orders at MMC's dealerships throughout Japan for the MINICAB-MiEV commercial mini EV that is planned to go on sale toward the end of the year.

Derived from the MINICAB VAN commercial mini vehicle, MINICAB-MiEV follows the i-MiEV as the company's second new-generation EV. MINICAB-MiEV is being developed to make maximum use of the technologies and knowhow gained from the development of i-MiEV in delivering the practical utility and driving performance demanded of a commercial vehicle. Reliability, durability and cost performance are also priority areas. The vehicle started a fleet testing program with Yamato Transport Co., Ltd. in October 2010 designed to verify its practical utility.
MINICAB-MiEV is planned to be offered with a choice of two battery sizes*1 to meet different customer needs.

With government incentives, trial calculations indicate that MINICAB-MiEV will come with a customer's net price from around 1,700,000 yen and from around 2,050,000 yen for the 10.5 kWh and the 16.0 kWh battery versions respectively. The calculations are premised on Japanese government's eco-car incentive program continuing in the 2011 fiscal year and unchanged in detail from fiscal 2010. As with the i-MiEV, MINICAB-MiEV will be sold on both a maintenance lease *2 and a cash basis.

*1: 10.5 kWh (giving a range of around 100 km/charge under JC08 mode conditions) and 16.0 kWh (range of around 150km)
*2: A lease in which the monthly payments include some of the taxes, insurance and maintenance costs.


Mitsubishi Disaster Relief Efforts: Supplying EVs and other vehicles

Mitsubishi Motors Corporation (MMC) will provide the areas afflicted by the Tohoku Earthquake with electric vehicle i-MiEV as well as 4WD pickup truck Triton, to be used for disaster relief purposes.

Many of the afflicted areas are troubled with a serious gasoline shortage issue – therefore, electric vehicles have been called upon for its characteristic of being able to run without any specific facility if there is an electricity supply. Also, circumstance calls for vehicle with high road-performance, large cargo capacity and reliable accessibility on rough roads. With these factors in mind, i-MiEV and Triton were chosen to be sent as support effort.

As the first step, 30 i-MiEVs will be shipped out tomorrow, March 18th. Additional vehicles will be sequentially sent out according to the afflicted areas' needs.


Mitsubishi Motors Corporation’s Support to the Tohoku Earthquake Victims

Tokyo, March 16, 2011 - Mitsubishi Motors Corporation (MMC) would like to offer sincere condolences and sympathy to the victims of the Tohoku Earthquake. We pray from the depth of our hearts that the devastated area attains recovery as soon as possible.

The MMC group in Japan has confirmed a donation of 30 million yen to assist the victims and damaged areas. As an additional support, MMC will supply vehicles to accommodate the circumstances and needs of local authorities in the area.

In conjunction with MMC's overseas distributors and business partners, we will try to find out the most efficient and optimum ways to render further assistance to those affected.


Mitsibishi Factory Operation on March 17 (Thu) and Thereafter

Mitsubishi Motors Corporation (MMC) has suspended operation in all 3 of its plants for March 14th (Mon) and 15th (Tue).

Now, MMC will resume production in all locations for the 16th (Wed), and have decided to operate on 17th (Thu) as well.

As for March 18th (Fri) and thereafter, operations will be carefully deliberated according to the surrounding circumstances.

MMC Production hubs are located in:
1. Aichi Prefecture (Nagoya Plant)
2. Okayama Prefecture (Mizushima Plant)
3. Gifu Prefecture (Pajero Manufacturing Co., Ltd.)


Mitsubishi Motors Launches Delica D:2 New Compact Minivan

Tokyo, February 24, 2011 - Mitsubishi Motors Corporation (MMC) announced today the launch of its all-new compact minivan Delica D:2. It achieves compact body yet having roomy interior space, as well as it features many convenient essences such as sliding rear doors on both sides and various seating arrangements. This Delica D:2 uses a fuel-efficient 1.2L engine mated to CVT, with all models eligible for Japanese domestic eco-car tax reduction of 75%. Delica D:2 goes on sale at affiliated dealerships throughout Japan from March 10, 2011, carrying a tax-inclusive price tag ranging from \1,393,000 to \1,779,000.

The product basis of this new Delica D:2 are "spacious", "convenience", and "eco". It will be placed as an entry model within MMC's multi-featuring minivan series of "Delica", lined up along with a full size minivan Delica D:5.
Now, Delica D:2 is an OEM model from Suzuki Motors Co.

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Delica D:2

1. Product Outline
(1) Product Features
< Spacious >
* Although with its compact body of overall length 3,710mm and overall width 1,620mm, its overall height of 1,765mm allows Delica D:2 to surpass the interior height of a full size minivan, Delica D:5 (1,310mm), with its 1,345mm. Combined with its interior length of 2,130mm ("G"), it provides the most spacious feel a passenger could have.
* Its low and flat floor and the walkthrough space between the front and rear seat rows allowed Delica D:2 of its "H Walkthrough" system, enabling mobility in both front/rear directions but also in left/right directions.

< Convenience >
* Delica D:2 is available with sliding rear doors on both sides, that enhances the loading ease even in tight space, as well as aiding the passengers to get on/off the vehicle.
("S" comes with electricity-operated sliding rear doors on both sides. "X" and "G" have an electricity-operated sliding door on the left side.)
* Delica D:2 is capable of various seating arrangements, with a 50:50 split rear seat that slides 165mm each, as well as one-touch folding system (excluding "G" grade) that expands the luggage space ease. The luggage space and interior space are both easily arranged, either to get cozy in the flat-seat, or carrying lengthy luggage such as a bicycle.
* Delica D:2 offers various storage spaces, such as front passenger under-the-seat console box, compartment under the luggage space and front passenger seat upper compartment with temperature-retaining capability.

< Eco >
* Delica D:2 applies a combination of a 1.2L DOHC 16-valve engine (with a variable valve timing control) and high-efficiency CVT. Also helped by its light weight body (2WD "G" grade is 1,000kg), it achieves a topnotch fuel consumption of 22.5km/L (Japanese 10-15 mode fuel consumption for "G" grade) in compact minivan class. All models are applicable for Japanese eco-car tax reduction of 75%.

(2) Trim Levels
Delica D:2 is available in the following 3 trim levels:
* "G" (2WD) : standardized push-button ignition & keyless entry system, immobilizers and other high-end equipments.
* "X" (2WD, 4WD) : all the standard equipments in "G" trim, plus SRS side airbags for driver and passenger, automated air conditioning, and aluminum wheels.
* "S" (2WD, 4WD) : all the standard equipments in "X" trim, plus electricity-operated sliding rear doors on both sides, discharged head lights, front fog lamps, and others.

(3) Color Lineups
Following 6 colors:
* Pearl White (extra charge: \21,000)
* Bluish Black Pearl
* Classy Red Pearl
* Urban Brown Pearl Metallic
* Grace Blue Pearl Metallic
* Mellow Bronze Pearl Metallic

(4) Main Specifications
Overall length x width x height : 3,710 x 1,620 x 1,765 (mm)
Interior length* x width x height : 2,100 - 2,130 x 1,415 x 1,345 (mm)
Vehicle weight* : 1,000 - 1,090 (kg)
Occupants : 5 (people)
Fuel consumption (Japanese 10-15 mode) * : 20.0 - 22.5(km/L)
Engine : DOHC 16-valve, 4-cylinder
Engine displacement : 1.242(L)
Transmission : CVT
Tires : 165/65R14
*Values vary depending on each trim level

2. Sales Information
(1) Monthly Sales Target 800 units
(2) Availability
Delica D:2 is available at Mitsubishi Motors dealerships throughout Japan
(3) Manufacturer Suggested Retail Price (MSRP)
The suggested retail prices for each model (not including recycling fees. Insurances, taxes aside from the consumption tax, and registration and other expenses) are as follows:

[Unit: JPY]
\1,393,000 〜 \1,779,000


Mitsubishi Motors Commences Production of Electric Vehicles for Europe

Tokyo, October 6, 2010 - Mitsubishi Motors Corporation (MMC) today announced the start of production of its European-spec i-MiEV new-generation electric vehicle along with production of PSA Peugeot Citroën's (PSA) Peugeot iOn and Citroën C-ZERO at its Mizushima Plant.

MMC has been producing and selling the Japan-spec i-MiEV since last year. With the production of the European-spec models, MMC begins full-fledged export. In fiscal year 2010 (April, 2010 - March, 2011) MMC plans to sell 5,000 i-MiEVs overseas, this includes models built for PSA.

At a ceremony at the Mizushima Plant, MMC President Osamu Masuko stated "It has been 100 years since mass production of internal combustion-engine cars began. We have taken the first step into the next 100 years of the automobile with the i-MiEV. Today, we take the second step with production for the European market on the way to global rollout of electric vehicles. This is a big step for the automobile industry and at the same time signifies the beginning of e-mobility for Europe."

MMC plans to sell the i-MiEV in Europe in 14 countries*1 including France, the United Kingdom, and Germany from this December, then from fiscal year 2011 sequentially expand the countries it will be sold in.

Compared to the Japanese version, the European-spec i-MiEV has been altered to better suit European requirements, including: a different front and rear bumper design, added safety features such as Active Stability Control (ASC) system, new gear selection, an all-new left-hand-drive dashboard, etc. The European-spec i-MiEV also achieves a cruising range of 150km under the European NEDC*2 driving pattern on one charge.

*1Austria, Belgium, Denmark, France, Germany, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland,United Kingdom.
*2New European Driving Cycle.

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European-spec i-MiEV

Mi024402.gif
At the start of Production Ceremony


Mitsubishi PSA Peugeot Citroën and Mitsubishi Motors Corporation Signed a New Cooperative Agreement to Develop Electric Version of Peugeot Partner and Citroën Berlingo

Paris / Tokyo, September 29, 2010 - Mitsubishi Motors Corporation (MMC) and PSA Peugeot Citroën announced today that they have signed an agreement to start the technical development of an electric version of Peugeot Partner and Citroën Berlingo LCVs built at the PSA Vigo plant in Spain.

Under this new cooperative agreement, both partners will specify all technical and industrial aspects to be able to commence production of these electric versions by the end of 2012.

This signature is a continuation of the previous Cooperative Agreement on the jointly-developed European Peugeot iOn and Citroën C-ZERO models based on the i-MiEV* new-generation electric vehicle.

*Mitsubishi innovative Electric Vehicle, based on the "i" minicar


Mitsubishi Motors Announces Production, Sales and Export Figures for August 2010

Tokyo, September 28, 2010 -Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for August 2010.

* Production: total and in Japan
Total global production for August came in at 89,779 units, 42.7 percent up over August 2009 and the tenth consecutive monthly increase since November 2009. Production volume in Japan at 50,038 units was 52.4 percent up year-on-year, the ninth consecutive monthly year-on-year increase. Passenger car output at 42,952 units was 61.8 percent up on the same period last year. Commercial vehicle output at 7,086 units was 12.9 percent up year-on-year.

* Sales in Japan
Vehicle sales in Japan in August totaled 15,475 units, 28.1 percent up on the same month last year and the tenth consecutive monthly year-on-year rise since November 2009. Sales of passenger cars at 12,031 units were 29.5 percent up year-on-year and sales of commercial vehicles at 3,444 units were 23.4 percent up year-on-year. Registered vehicle sales volume at 6,645 units was 47.0 percent up on the same month last year. Minicar sales volume at 8,830 units was 16.8 percent up year-on-year.

* Production overseas
Overseas production volume totaled 39,741 units, 32.0 percent up over August last year and the tenth consecutive monthly year-on-year increase. By region, output in Asia at 31,310 units was 40.9 percent up year on year, with 96.6 percent and 101.8 percent increases at MMTh in Thailand and KRM in Indonesia respectively countering decreases in Taiwan and China. In North America, output at 3,234 units was 32.2 percent up over August last year. In Europe, output at 1,806 units was 21.8 percent down year-on-year as sales in the region remained sluggish. In South America output at 3,060 units was 7.4 percent up over the same period last year as sales at MMC Automotores do Brasil Ltda. continued to recover.

* Export shipments from Japan
Total exports from Japan of 38,355 units were 129.4 percent up on August 2009, marking the ninth consecutive monthly year-on-year rise. Exports to Asia at 4,437 units were 62.3 percent up year-on-year mainly on the back of a 250.0 percent increase in shipments to China and helped by a continuing rise in shipments to Malaysia and Brunei. Exports to North America at 4,759 units were 51.7 percent up over the same period last year as sales rose in the United States and Canada. Exports to Europe at 15,941 units were 284.8 percent up year-on-year, boosted chiefly by a large increase in shipments to Russia.

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Mitsubishi Further Step for PCMA Rus, with the Start of Production of SUVs

Paris / Tokyo, September 17th, 2010 - PSA Peugeot Citroën (PSA) and Mitsubishi Motors Corporation (MMC) announce the start of production of the Citroën C-Crosser, Peugeot 4007 and Mitsubishi Outlander SUV models at PCMA Rus, their joint plant located at Kaluga, 180 km southwest of Moscow, Russia.

After the launch of C-segment vehicles (with Peugeot 308 in April and Citroen C4 in July) the Kaluga-based factory of PSA and MMC is now starting to ramp up its production of SUVs for the three brands.

Inaugurated in April by Mr. Anatoly Artamonov, Governor of the Region of Kaluga, Phillippe Varin, Chairman of the Managing Board of PSA, and Takashi Nishioka, Chairman of MMC, the factory has already assembled 11,000 vehicles.

As a result of a €470 Million investment, this factory has been able to implement production and quality processes equivalent to those in operations in any of the PSA and MMC factories, and the plant will be fully operational in 2012.

With 400 staff currently, the Kaluga factory has become a key contributor to the local economy and is another demonstration of the successful policy led by the Governor of Kaluga Region to develop an industrial cluster southwest of Moscow.

With local production of the Citroën C-Crosser, Peugeot 4007 and Mitsubishi Outlander both PSA and MMC will be able to respond quickly to the needs of Russian customers, thereby increasing their market presence.


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