Mitsubishi's Exports Up in October 2010

Mitsubishi Motor Corporation just announced its global production figure, together with domestic sales and exports figures for October 2010. The figures show production is up globally while the domestic market is seeing a big dip in sales.

Total global production for October came to 106,909 units, 25.7 percent up over October 2009 and marking the twelfth consecutive monthly increase since November 2009. Mitsubishi’s factories in Japan produced 61,818 units in the same month, marking a 33.2 percent increase year-on-year. Of that figure, only 53,802 units were passenger vehicles, 32.6 percent more than the same period of last year. Commercial vehicles also saw a similar increase, to 8,016 units.

Mitsubishi only managed to sell some 8,834 cars in Japan, showing a 29.6 decrease from a year ago. This might be the beginning of a trend, as it is the second straight month of sales dropping below last year’s figures. Sales of passenger cars, totaling 6,038, units were 35.9 percent down year-on-year, but commercial vehicles saw more modest drops to 2,796, 10.6 percent down year-on-year.

Mitsubishi's Japanese exports are doing well, October marking the company’s eleventh consecutive month of rises. Of the total 39,485 vehicles, 4,838 went to Asian markets, mainly thanks to an impressive 99 percent shipping increase to China but also to Malaysia and the Philippines. North American markets received 7,844 Mitsubishis, a decent 48.8 percent more than in the same month of last year. European exports saw the biggest increase of all, to 13,754, some 290 percent up year-on-year. This is mainly due to an over 900 percent increase in Russian demand, but also to traditional markets like Germany, the UK, Spain and Italy.
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About the author: Mihnea Radu
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Mihnea's favorite cars have already been built, the so-called modern classics from the '80s and '90s. He also loves local car culture from all over the world, so don't be surprised to see him getting excited about weird Japanese imports, low-rider VWs out of Germany, replicas from Russia or LS swaps down in Florida.
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