Japanese auto-maker Mitsubishi is set to increase the number of U.S. dealers by
50 to a total of 600 within the next three years, company officials said on Wednesday.

The expansion will help Mitsubishi achieve its aim of selling 400,000 vehicles
in the U.S. by 2005.

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The company sold 314,417 units in 2000 – a rise of 20.3 per cent from 1999
– a record level for the second consecutive year. Sales of all models were strong
– especially those of the Montero Sports SUV and the U.S.-built Galant sedan.

Mitsubishi aims to achieve 330,000 sales in 2001 and will expand its line-up
to include the Lancer Cedia sedan this year and the ASX SUV in 2002. Joint development
projects with DaimlerChrysler, which owns 34% of Mitsubishi, will also deliver
new models to the US market.

Officials have said, however, that they expect both brands to continue to sell
through their own networks.

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