April 2006 Sales: Mitsubishi Motors North America

[VenSeattle]

Mitsubishi Motors Reports Gain In April U.S. Sales Of 17.5 %

May 2, 2006 -- Cypress, Calif. --

Mitsubishi Motors North America, Inc., (MMNA) today reported April sales of 10,841 units, an increase of 17.5% compared to April sales of 9,230.

"While we are encouraged by a very strong month of sales, we sincerely believe that this is only the beginning," said President & CEO Hiroshi Harunari. "Our exciting Eclipse Spyder convertible is just beginning to make a contribution, and there are more exciting products to come in the near future, including the all-new Outlander in the autumn of this year."

• The total sales of 10,841 represent the highest monthly total since August 2005, and the second best sales month in the past year.
• The 17.5% increase is the largest year-over year monthly sales increase in nearly 4 years (July 2002) and the largest April year-over-year monthly increase in 6 years (April 2000).
• Galant was the volume leader at 3,049, up 29.9% from last April's volume
• Eclipse closed at 2,626, up 165.8% up from last year's volume
• Eclipse Spyder had its best sales month in two years with 827, up 89.7% from last year's volume.

"At a time our industry is facing many challenges, Mitsubishi Motors has begun our fiscal year on a high note and we are positioned well," added Harunari. "We have exciting products and when consumers visit our dealers' showrooms, they are also finding programs that are competitive and meaningful to them as American consumers."

Mitsubishi Motors North America, Inc., (MMNA) is responsible for all manufacturing, finance, sales, marketing, research and development operations of the Mitsubishi Motors Corporation in the United States. Mitsubishi Motors sells coupes, convertibles, sedans, sport utility vehicles, and light trucks through a network of approximately 550 dealers. For more information, contact the Mitsubishi Motors News Bureau at (888) 560-6672 or visit media.mitsubishicars.com.

Link: http://media.mitsubishicars.com/detail?mid...241763&mime=ASC

[regfootball]

good to see the Galant picking up. the interior kinda sucks but the basic car is pretty good. the ralliart version should help spark a few sales.

[Intrepidation]

I am glad to see Mitsubishi making money for once. I always wondered why the Galant sold so slow, same with the Endeavor...they're both good vehicles. They usually get good reviews, yet for some reason people shy away from them.

[thegriffon]

I am glad to see Mitsubishi making money for once. I always wondered why the Galant sold so slow, same with the Endeavor...they're both good vehicles. They usually get good reviews, yet for some reason people shy away from them.

Yet they're still too embarassed to give a complete breakdown by model, as even Isuzu does.

[VenSeattle]

I am glad to see Mitsubishi making money for once.

They are?

[Flybrian]

Yet they're still too embarassed to give a complete breakdown by model, as even Isuzu does.

With the 'volume leader' selling 3,000-odd cars (less than the Vibe, Corvette, and beating the $60k+ S-Class by a dozen units), you'd be embarassed and also wondering what need there is to release the rest. That kind of says enough.

[Satty]

I want to know how many Raiders were sold.

[Intrepidation]

I want to know how many Raiders were sold.

how many figures do you have? that's probably a good estimate, if a bit optomistic

[Satty]

how many figures do you have? that's probably a good estimate, if a bit optomistic

I'm assuming you mean fingers. If so, I currently only have 8, your mom is borrowing the rest.

[Intrepidation]

I'm assuming you mean fingers.  If so, I currently only have 8, your mom is borrowing the rest.  

that's just not right

[Satty]

I have to get in on the "your mom" jokes sometime.

[Flybrian]

Did I mention the local Mitsubishi dealer operates out of a doublewide trailer?

[Satty]

Did I mention the local Mitsubishi dealer operates out of a doublewide trailer?

I figured it would have been repossesed by now.

[Drew Dowdell]

Did I mention the local Mitsubishi dealer operates out of a doublewide trailer?

So they're moving up.... that's good to hear.