Mitsubishi Motors’ total global production in fiscal 2007 was 8.8% up at 1,431,216 units, the first rise in volume in two years.
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Production in Japan at 875,698 units was up 12.9%, the third consecutive year of growth since fiscal 2005 and marking a new record for the fiscal year since Mitsubishi Motors spun off its truck and bus operations in 2003.
Growth was driven mainly by a 107.7% increase in output (170,084 units) of the new Outlander for export to European and Chinese markets and by a 31.2% rise in output of the new Lancer destined for the Russian, North American, and Middle East and African markets.
Vehicle sales in Japan totalled 218,632 units, 11.3% down over fiscal 2006. Passenger car sales of 164,044 units (including minivehicles) and commercial vehicle sales of 54,588 units were 8.7% and 18.2% down respectively on last year.
Total registered vehicle sales at 83,551 units were 10.1% up, due primarily to the new Galant Fortis (Lancer overseas) and Lancer Evolution X introduced during fiscal 2007 as well as to firm sales of the Delica D:5 launched in fiscal 2006.
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By GlobalDataTotal mini-car sales were 20.8% down for the year.
Overseas production volume in fiscal 2007 totalled 555,518 units, an increase of 2.8% over last year and the first yearly increase since fiscal 2002. This was attributable mainly to a 10.2% production increase to 358,154 units in Asia reflecting the rise in export shipments of the L200 pickup truck from Thailand, the boost in production at Proton and KRM (Mitsubishi Krama Yudha Motors & Manufacturing) accompanying the market recovery in Malaysia and Indonesia respectively and higher production at China Motor in Taiwan.
Total exports from Japan in fiscal 2007 of 614,444 units were 38.5% up on the previous year, the third consecutive year of growth and a new fiscal year record since the truck and bus spin-off.
Export shipments of 42,980 units to Asia showed a strong 36.6% rise over last year helped by the introduction of the new Outlander in China. Export shipments to Europe of 257,221 units were a very strong 74.7% up on fiscal 2006. This rise was driven mainly by growth in Russia, Ukraina and Central European markets.
Exports to North America at 59,920 units were 14.4% down, attributable to market conditions in the second half of the fiscal year.
Meanwhile, Mazda overseas production fell 16.8% to 279,042 in FY2007/8. Domestic production was up 8.2% to 1,046,948 – the global total was up 1.8% to 1,325,990.
The automaker blamed the overseas shortfall on the end of production of Familia (3) and Premacy (5) models in China after FAW Haima established itself as an independent brand.
“Excluding the impact from these models, global production increased 8.9%,” it claimed.
