Mitsubishi Motors Reports August Sales
4 September 1997
Mitsubishi Motors August Car Sales Reach 20,086 Units; Best-Ever August Eclipse Sales Help Boost YTD Company's Performance 5 PercentCYPRESS, Calif., Sept. 3 -- Mitsubishi Motor Sales of America, Inc. (MMSA) reported August, 1997 sales of 20,086, units, an increase of 34 percent over the same period last year. On a year-to-date basis, total sales of 131,572 represent an increase of 5 percent over the 124,919 units MMSA sold in the first eight months of 1996. Kevin Ormes, group vice president of sales and marketing, noted that MMSA's solid product line, more focused marketing efforts and the overall strength of the U.S. economy lead to the superior performance for the month and year so far. "Our product line is very competitive on price, value and style," he said. MMSA's sales leader was the Eclipse sports coupe with 6,486 units, up 16 percent over August, 1996 and the model's best August on record. The Eclipse Spyder convertible recorded 1,019 sales for the month, up 46 percent over the same period last year. Sales of the Galant mid-size sedan reached 3,127 units for the month. Collectively, sales of U.S.-assembled Mitsubishi Motors vehicles total 10,631 units, up 3 percent from August, 1996. Also selling very well in August was Mitsubishi Motors' popular new sport utility vehicle, the mid-size Montero Sport, reaching 3,205 units for the month. Sales of its luxury sport utility vehicle, Montero, reached 841 units. For the year, Mitsubishi Motors' sport utility vehicle sales totaled 24,699 units, 202 percent ahead of last year. Sales of the Diamante luxury performance sedan totaled 1,206 units, one of the strongest months since its launch, proving its combination of style, performance and value are quite desirable. The high-value Mirage compact sedan and coupe together total 3,555 unit sales, up 40 percent over last year. Mitsubishi Motor Sales of America, Inc. was established in 1982 by Mitsubishi Motors Corporation, Tokyo, and markets a full line of vehicles, including coupes, convertibles, sedans and sport utility vehicles. Aug. '97 Aug. '96 %Change Month/YTD Month/YTD Month/YTD Passenger Car Sales* 16,040/106,666 13,893/113,799 +15%/-6% Sport Utility Vehicles** 4,046/24,699 794/8,171 +410%/+202% Trucks*** 0/207 326/2,949 -100%/-93% Total Vehicle Sales 20,086/131,572 15,013/124,919 +34%/+5% Note: U.S.-Built Vehicle Sales 10,631/ 74,070 10,330/ 85,119 +3%/-13% (Includes Eclipse/Eclipse Spyder/Galant) *Above totals include sales of U.S.-built Mitsubishi Motors vehicles **Includes Montero and Montero Sport ***Truck sales include inventory stock only; MMSA stopped selling Mighty Max pickup truck early in 1996 Please note sales chart format has changed slightly: SUV's are now broken out separately, therefore dramatically altering year-to-date volume and percentages which reflect this change. SOURCE Mitsubishi Motor Sales of America, Inc.