Mitsubishi Motors Corporation has reported a 56% leap in first quarter net sales, driven by higher volumes in China and other emerging markets, which helped it narrow its losses for the period.

The company said that consolidated net sales totalled Y403.7 billion in the first quarter. Operating loss was Y4.5bn, an improvement of Y25.1bn over the same period last fiscal year. In addition to the higher unit sales, factors contributing to this improvement included better profitability at the company’s Japanese subsidiaries.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Mitsubishi Motors reported an ordinary loss of Y5.8bn, an improvement of Y22bn, and posted a net loss of Y11.8bn, an improvement of Y14.6bn over the same period last fiscal year.
 
Global retail sales volume in the first quarter of fiscal 2010 totalled 257,000 units, a 21% increase over the same period last fiscal year.

For full details of MMC’s first quarter click here.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact