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Mitsubishi Motors Announces Production, Sales and Export Figures for Jul 2017

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TOKYO, Aug 31, 2017 - (JCN Newswire) - July 2017 Summary:

Domestic Production
- Second consecutive monthly year-on-year increase since May, 2017 ( 110.5% year-on-year )

Overseas Production
- Second consecutive monthly year-on-year increase since May, 2017 ( 127.5% year-on-year )

Total Production
- Second consecutive monthly year-on-year increase since May, 2017( 119.0% year-on-year )

Domestic Sales
- Third consecutive monthly year-on-year increase since April, 2017 ( 111.2% year-on-year )

Exports
- Fifteenth consecutive monthly year-on-year decrease since April, 2016( 83.7% year-on-year )

Supplemental Information

Overseas Production

Asia
- 51,308 units: 126.8% year-on-year

Exports

Asia
- 2,128 units: 87.4% year-on-year

North America
- 8,176 units: 97.1% year-on-year

Europe
- 8,916 units: 83.9% year-on-year

About Mitsubishi Motors

Mitsubishi Motors Corporation is the fifth largest automaker in Japan and the fifteenth largest in the world by global unit sales. It is part of the Mitsubishi keiretsu, formerly the biggest industrial group in Japan, and was formed in 1970 from the automotive division of Mitsubishi Heavy Industries.

Throughout its history it has courted alliances with foreign partners, a strategy pioneered by their first president Tomio Kubo to encourage expansion, and continued by his successors. A significant stake was sold to Chrysler Corporation in 1971 which it held for 22 years, while DaimlerChrysler was a controlling shareholder between 2000 and 2005. Long term joint manufacturing and technology licencing deals with the Hyundai Motor Company in South Korea and Proton in Malaysia were also forged, while in Europe the company co-owned the largest automobile manufacturing plant in the Netherlands with Volvo for ten years in the 1990s, before taking sole ownership in 2001.

Contact:
Mitsubishi Motors Public Relations Department http://www.mitsubishi-motors.com +81-3-6852-4275

Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

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