Mitsubishi Motors reports December U.S. sales

Mitsubishi Motors North America, Inc., (MMNA) today reported December 2004 U.S. sales of 11,151 units - a 34 percent increase from November's sales volume. Mitsubishi Motors has sold 161,609 units year to date in the United States.

"We are very pleased with this month's sales, which reflect the company's strategic shift from fleet to retail - in fact, December was the best retail sales month since August," said Michael Tocci, senior vice president of sales, fleet and distribution at Mitsubishi Motors North America. "We look forward to an even more prosperous 2005 as we continue advancing the business objectives of our turnaround plan."

In addition to the overall monthly increase in sales volume, MMNA experienced a dramatic increase in sales of several vehicles, including a 99 percent increase in Galant sales from last month at 3,980 units (and a 54 percent increase from December 2003), a 23 percent increase in Outlander sales from last month at 1,298 units, and a 17 percent increase in Endeavor sales from last month at 1,781 units.

Mitsubishi Motors North America, Inc., (MMNA) is responsible for all manufacturing, finance, sales, marketing, research and development operations of the Mitsubishi Motors Corporation in the United States and Canada. Mitsubishi Motors sells coupes, convertibles, sedans and sport utility vehicles through a network of approximately 600 dealers. For more information, contact the Mitsubishi Motors News Bureau at (888) 560-6672 or visit media.mitsubishicars.com.

Following is the sales breakdown for December 2004:

(1) Galant, Eclipse, Eclipse Spyder
(2) Lancer, Lancer Sportback, Lancer Evolution, Diamante, Mirage Coupe, Mirage Sedan
(3) Endeavor
(4) Montero, Montero Sport, Outlander