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Mitsubishi Motors Announces Production, Sales and Exports for January 2007.


Tokyo, Japan, Feb 27, 2007 - (JCN JCN Japan Corporate News
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JCN joint communications network (US DoD) 
 Newswire) - Mitsubishi Motors Mitsubishi Motors Corporation (三菱自動車工業株式会社   Corporation today announced global production, as well as domestic sales and export results for January 2007.

Total global production came in at 107,772 units, 101 percent of last year's figure. Japanese production increased 14.1 percent year-on-year to 63,413 units, marking the fourth consecutive month of year-on-year growth. Adding to U.S. Outlander and European European

emanating from or pertaining to Europe.


European bat lyssavirus
see lyssavirus.

European beech tree
fagussylvaticus.

European blastomycosis
see cryptococcosis.
 Outlander, production of Chinese Outlander started from December 2006. Demand of new Pajero models have increased in Europe. Also production of new Delica D:5 model for Japanese market launched this month. All these factors contributed to increase production volume in Japan.

Total vehicle sales in Japan totaled 15,522 units, a 11.8 percent decline from the January 2006 total. Registered vehicles charted sales of 4,751 units, 64.3 percent of the year-ago figure. Mini-car sales continued year-on-year growth increasing to 10,771 units, 105.5 percent of the total for January 2006. Total sales for passenger cars were 89.5 percent year-on-year to 11,868 units, and commercial vehicle sales were 3,654 units, 84.3 percent of the same period last year.

Overseas production reached 44,359 units, 86.7 percent of the year-ago figure. European production came in at 5,691 units or 101.9 percent of the last year's figure. North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 production reached 7,724 units, a 18.7 percent rise year-on-year due to an increase in production of the Galant This article is about the musical style. For the Mitsubishi automobile, see Mitsubishi Galant.
In music, Galant was a term referring to a style, principally occurring in the third quarter of the 18th century, which featured a return to classical simplicity
 export model for Russia and Middle East countries. Asian production totaled 27, 296 units, a 24.0 percent decline from January 2006's levels, representing continued weakness in Asian markets such as Malaysia and Taiwan, where the economies are in long-term stagnation Stagnation

A period of little or no growth in the economy. Economic growth of less than 2-3% is considered stagnation. Sometimes used to describe low trading volume or inactive trading in securities.

Notes:
A good example of stagnation was the U.S. economy in the 1970s.
.

Total exports from Japan increased to 42,186 units, 142.4 percent of the year-ago level, marking the third consecutive month of year-on-year volume increase. Exports to Europe increased to 14, 466 units, 141.0 percent of the level seen last year due to favorable fa·vor·a·ble  
adj.
1. Advantageous; helpful: favorable winds.

2. Encouraging; propitious: a favorable diagnosis.

3.
 demand of new Pajero and new Outlander models. Exports to Asia came to 2,030 units, 5.2 percent increase over the last-year period due to good sales of Lancer model in Singapore market. Exports to North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.  rose to 7,980 units, 274. 1 percent of the January 2006 levels; this is because Outlander export model for North American market at Okazaki plant went into full-scale production.

About Mitsubishi Motors Corporation

Mitsubishi Motors Corporation (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
: 7211) was established in 1970 and is one of the few automobile companies in the world that produces a full line of automotive products ranging from 660-cc mini cars and passenger cars to commercial vehicles and heavy-duty trucks and buses. The company also operates consumer financing services and provides this to its customer base. For more information, please visit www.mitsubishi-motors.com .

Source: Mitsubishi Motors Corporation

Contact:
Mitsubishi Motors Corporation
Public Relations Department
http://www.mitsubishi-motors.com
+81-3-6719-2111


Copyright [c] 2007 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K.
COPYRIGHT 2007 Japan Corporate News Network K.K.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:JCN Newswires
Date:Feb 28, 2007
Words:501
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