Mitsubishi Motors Announces Production, Sales and Export Figures for March 2024 and 2023 Fiscal Year

Tokyo, April 25, 2024
Production/Sales/Export Performance

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  March 2024 Fiscal Year 2023
(23/4-24/3)
Calendar Year 2024
(24/1-24/3)
Volume
(unit)
YoY(%) Volume
(unit)
YoY(%) Volume
(unit)
YoY(%)
Production Domestic Production 40,841 83.8 499,497 109.2 129,592 99.1
Overseas Production*1 43,216 83.0 510,856 90.9 132,726 91.4
Total 84,057 83.4 1,010,353 99.1 262,318 95.1
Domestic
Sales *2
Registrations Total 5,404 86.3 43,785 91.7 12,042 85.2
Minicars Total 9,679 171.8 66,906 150.7 23,170 164.0
Total 15,083 126.8 110,691 120.2 35,212 124.6
ExportsTotal 21,054 97.5 241,464 107.5 55,049 93.0
*1 Beginning fiscal 2012, locally branded models produced in China, which to date had been included in the output figure for China, are now excluded
*2 Includes imports to Japan
 
[ Summary : March 2024 ]
 
< Domestic Production >
March 2024 ・・・・・ First monthly year-on-year decrease in 3 months since December, 2023
( 83.8% year-on-year )
 
< Overseas Production >
March 2024 ・・・・・ First consecutive monthly year-on-year decrease since February, 2024
( 83.0% year-on-year )
 
< Total Production >
March 2024 ・・・・・ First consecutive monthly year-on-year decrease since February, 2024
( 83.4% year-on-year )
 
< Domestic Sales >
March 2024 ・・・・・ Seventh consecutive monthly year-onyear increase since August, 2023
( 126.8% year-on-year )
 
< Exports >
March 2024 ・・・・・ Second consecutive monthly year-onyear decrease since January, 2024
( 97.5% year-on-year )
 
 Supplemental Information 
 
< Overseas Production >
  • Asia
  • 41,645 units  : 
  • 81.5% year-on-year 
  • ・China
  • 0 units  : 
  • 0.0% year-on-year 
  • ・Thailamd
  • 26,506 units  : 
  • 100.4% year-on-year 
  • ・Indonesia
  • 6,626 units  : 
  • 45.3% year-on-year )
 
< Exports >
  • Asia
  •       69 units  : 
  •   24.1% year-on-year 
  • North America
  • 10,617 units  : 
  • 105.5% year-on-year 
  • Europe
  • 335 units  : 
  • 32.7% year-on-year 
 
[ Summary : Fiscal Year 2023(April 2023 - March 2024) ]
 
< Domestic Production >
Fiscal Year 2023 ・・・・・ Second consecutive year-on-year increase since fiscal year 2021
( 109.2% year-on-year )
 
< Overseas Production >
Fiscal Year 2023 ・・・・・ First consecutive year-on-year decrease since fiscal year 2022
( 90.9% year-on-year )
 
< Total Production >
Fiscal Year 2023 ・・・・・ First consecutive monthly year-on-year decrease since fiscal year 2022
( 99.1% year-on-year )
 
< Domestic Sales >
Fiscal Year 2023 ・・・・・ Second consecutive yaer-on-year increase since fiscal year 2021
( 120.2% year-on-year )
 
< Exports >
Fiscal Year 2023 ・・・・・ First year-on-year increase since fiscal year 2021
( 107.5% year-on-year )
 
 Supplemental Information 
 
< Overseas Production >
  • Asia
  • 497,628 units  : 
  • 91.7% year-on-year 
  • ・China
  • 0 units  : 
  • 0.0% year-on-year 
  • ・Thailamd
  • 275,253 units  : 
  • 101.9% year-on-year 
  • ・Indonesia
  • 142,515 units  : 
  • 91.1% year-on-year )
 
< Exports >
  • Asia
  •       2,489 units  : 
  •   46.1% year-on-year 
  • North America
  • 114,401 units  : 
  • 110.1% year-on-year 
  • Europe
  • 12,591 units  : 
  • 60.1% year-on-year 
 
About Mitsubishi Motors
Mitsubishi Motors Corporation (TSE:7211) — a member of the Alliance with Renault and Nissan — is a global automobile company based in Tokyo, Japan, which has about 28,000 employees and a global footprint with production facilities in Japan and the ASEAN region. Mitsubishi Motors has a competitive edge in SUVs, pickup trucks and plug-in hybrid electric vehicles, and appeals to ambitious drivers willing to challenge convention and embrace innovation. Since the production of our first vehicle more than a century ago, Mitsubishi Motors has been a leader in electrification — launched the i-MiEV, the world’s first mass-produced electric vehicle in 2009, followed by the Outlander PHEV, the world’s first plug-in hybrid electric SUV in 2013. With a target of increasing the sales ratio of electrified vehicles to 100% by 2035, Mitsubishi Motors will deliver models that embody Mitsubishi Motors-ness and contribute to the realization of a carbon-neutral society.
 
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