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Mitsubishi Motors continues recovery with 18% sales growth in calendar year 2018

Auto News - Published on Fri, 01 Feb 2019

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Mitsubishi Motors Corporation has revealed strong sales figures for CY 2018, with volumes up by 18% to 1,218,897 units. The figures prove the company still has strong momentum behind its V-shaped recovery plan, with double-digit percentage increases in both domestic and overseas markets.

New products including the Eclipse Cross SUV and revised Outlander PHEV saw sales in Japan grow from 91,630 to 104,611 an increase of 14% versus CY 2017. Overseas sales were 1,114,286, an increase of 175,452 units and up +19% on the year.

Export markets also showed strong growth, with the United States up 14% to 118,075 units and Western Europe rising 19% to 178,414. Particular highlight was a 64% increase in France (to 7,303 units). Eastern Europe saw the greatest percentage growth – an increase of 79% versus CY 2017, in particular Russia with 45,391 sales, up 87% from the previous year.

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Posted By : Joykumar Irom on Fri, 01 Feb 2019
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