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Mitsubishi Motors announces production, sales and export figures for July 2008

Thursday, August 28th, 2008

Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export figures for July 2008.

  • Production: total and in Japan
    • Total global production came in at 113,538 units, a decline of 0.9 percent over July 2007 and the fifth consecutive monthly decrease since March. Production volume in Japan at 74,909 units was up 11.1 percent as a 12.1 percent increase in passenger car and 4.0 percent rise in commercial vehicle output saw the 22nd consecutive month of year-on-year growth and a new record for July since Mitsubishi Motors spun off its truck and bus operations in 2003. This growth was driven principally by a 53.5 percent increase in output (16,232 units) of the New Outlander, which continues to sell briskly in European and Chinese markets, and by a 18.0% increase (27,585 units) in output of the Lancer on the back of strong sales in Russia, North America and Middle East & African markets.
  • Sales in Japan
    • Vehicle sales in Japan in July totaled 15,393 units, a 9.2 percent decrease year-on-year and the 11th consecutive monthly decline since September 2007. Passenger car (registrations and mini-car) sales of 11,335 units and commercial vehicle sales of 4,058 units were 9.2 percent and 9.3 percent down respectively on the same month last year. Highlights for the month included an 11 percent and a 9.4 percent increase in sales of the Colt series and of the Pajero Mini respectively.
  • Production overseas
    • Overseas production volume totaled 38,629 units, 18.1 percent down over July last year and the fifth consecutive monthly decline. By region, in Asia output at MMPC*1 in the Philippines and at KRM*2 in Indonesia rose by 17.8 percent and 59.6 percent respectively. In North America output at 4,244 units was 26.0 percent down as production levels were adjusted for slow sales in the U.S. *1 MMPC: Mitsubishi Motors Philippines Corporation *2 KRM: P.T. Krama Yudha Ratu Motors
  • Export shipments from Japan
    • Total exports from Japan of 47,119 units were 5.0 percent up on July 2007, marking the 21st consecutive month of year-on-year increases and setting a new record for July since Mitsubishi Motors spun off its truck and bus operations in 2003. Exports to Europe at 19,751 units were 6.5 percent up on July2007 buoyed by continuing strong sales in the Ukraine and Russia.

    Source: Mitsubishi Motors Corporation

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    Mitsubishi Motors, Japanese Vehicles

    Posted in Worldwide, Japan, Russia, China, Sales, philippins, Vehicles, Mitsubishi, Indonesia | Comments Off

    NISSAN PRESENTS ‘NISSAN TECHNOLOGY SQUARE’ IN INDONESIA

    Tuesday, August 19th, 2008

    Nissan Motor Co., Ltd. and PT. Nissan Motor Indonesia will present the “NISSAN TECHNOLOGY SQUARE” event at the Kelapa Gading Mall in Jakarta, Indonesia. The public automotive technologies showcase opens today and runs through August 25.

    Indonesia is the second market where we hold this event. After completing its run in Indonesia, the Nissan Technology Square will visit several cities in multiple markets, including Singapore, Malaysia and India, etc.

    At the Nissan Technology Square, Nissan will showcase how the company’s automotive technologies address the environment, safety and innovation. Visitors can experience examples of Nissan’s innovation and the future of automobiles through the exhibition, interactive displays and demonstrations.

    Nissan chose PIVO2, an environmentally focused, electric urban commuter, as a key communications character for the event. First presented as one of the key concept vehicles at the 2007 Tokyo Motor Show, the vehicle embodies “friendly innovation” to create a new car-driver relationship. As such, PIVO2 serves as an ideal focal point for the Nissan Technology Square, where a quarter scale model of the vehicle will be displayed.

    “All of our technologies promise consumers the pleasure of driving based on trust in our environmental, safety and quality technologies — what we call “Trusted Driving Pleasure,” said Mitsuhiko Yamashita, Nissan Executive Vice President. “We hope to deliver our passion for products through the real-world technologies and innovations we build into every Nissan vehicle.”

    As part of Nissan’s commitment to supporting education, the event will be held in collaboration with local schools. Hideyuki Sakamoto, Nissan Corporate Vice President, will visit and talk with students about automotive technology, Nissan’s technical development activities and the latest technologies.

    The Nissan Technology Square is part of the company’s ongoing communications outreach across Asia, which started with the successful Design Forum in 2007.

    Source: Nissan Motor Co. Ltd.

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    Nissan Vehicles, Automobiles

    Posted in Worldwide, Japan, Nissan, Vehicles, Car, Indonesia | Comments Off

    Cast Wheel Production Shifts to New Facility at Vietnam Parts Factory

    Friday, July 18th, 2008

    Yamaha Motor Co., Ltd. announces the completion of a new cast wheel production facility in the premises of Yamaha Motor Parts Manufacturing Vietnam Co., Ltd. (YPMV) in response to the growing demand for cast motorcycle wheels in the ASEAN region. Transition to the new facility will be completed and manufacturing will begin in September 2008.

    YPMV’s new specialized cast wheel production facility features three die casting machines that will operate as part of a comprehensive casting, processing and painting production process with the capacity to turn out 600,000 cast wheels annually. The investment for the construction and outfitting of the new facility and subsequent transfer of production is approximately 1.5 billion yen.

    Cast wheels have become the mainstream wheels of choice for motorcycles in advanced markets due to their advantages in design freedom, processing ease and cost performance. In the ASEAN region with its growing motorcycle demand, there is also an increasing preference for cast wheels as opposed to conventional spoke wheels that have been predominant in the region. As evidence of this trend, the percentage of Yamaha motorcycles fitted with cast wheels has grown from 13% in 2004 to 44% in 2007 in the five ASEAN nations of Indonesia, Vietnam, Thailand, the Philippines and Malaysia.

    Yamaha Motor has met this demand thus far with cast wheels produced at PT. Yamaha Motor Parts Manufacturing Indonesia (YPMI) and wheels from external makers. Plans call for the cast wheels produced at the new YPMV facility to be supplied to Yamaha Motor Vietnam Co., Ltd., the Yamaha Motor group manufacturing company in Vietnam, as well as to group bases in Thailand and the Philippines.

    In the company’s current, three-year medium-term management plan covering the period from 2008 to 2010, the ASEAN market is designated as a growth market for which the group will be aggressively investing corporate resources to “introduce attractive new products,” implemet aggressive promotions,” “strengthen sales networks” and “expand production capacities.” The aim of these activities is to increase motorcycle unit sales to 4.3 million units annually by 2010, a 50% increase from 2007.

    Source: Yamaha Motors Co. Ltd.

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    Technorati tags:

    Yamaha, Motorcycles

    Posted in Worldwide, Vietnam, Malaysia, Thailand, Motorcycles, Vehicles, Yamaha, Indonesia | Comments Off

    Isuzu shifts Indonesian operations to new organizations

    Monday, April 28th, 2008
    Isuzu Motors Limited (Head Office: Shinagawa Ward, Tokyo; President and Representative Director: Susumu Hosoi; hereinafter called “Isuzu”) increases its share of investment in Indonesian CV manufacturer and distributor PT Pantja Motor (hereinafter called “Pantja”) to 44.94%. The company name of Pantja is also changed into “Isuzu Astra Motor Indonesia.” In this connection, PT Astra International Tbk, parent company of AK, transferred its licensed rights and functions of the CV distributor in Indonesia to Isuzu Astra Motor Indonesia and start from this moment Isuzu will take the initiative in running the CV business. In February, Isuzu made Pantja its equity consolidated company, and dispatched a director in charge of CV operations to Pantja. Currently, Pantja is owned 50.0% by PT Arya Kharisma (Head Office: Jakarta, Indonesia; President: Regina Okthory Sucianto; hereinafter called “AK”), 39.88% by Isuzu, and 10.12% by PT Perusahaan Perdagangan Indonesia (Persero) or PPI. This time Isuzu purchases an additional 5.06% from shares of Pantja held by AK to increase its share of investment to 44.94% equal to AK’s 44.94% share of investment in Pantja. Simultaneously, Isuzu dispatched a new president to Pantja. Among the southeastern Asian countries, Indonesia is the biggest market for the light-duty trucks in which Isuzu is strong. This time, taking the opportunities of the increase in its share of investment in Pantja, Isuzu will try hard to strengthen the CV business. In the future, Isuzu will focus on manufacturing and sales of the CV, with a view to gaining a higher market share. Isuzu will also work hard to expand, strengthen and stabilize the CV business, thereby positioning the Indonesia operations as another pillar of Isuzu’s strategy for the ASEAN operations as already done in Thailand.
    Source: Isuzu Motors Limited

    Posted in Worldwide, Japan, Isuzu, Indonesia | Comments Off