FACTS & FIGURES E n g l i s h v e r s i o n
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1 FACTS & FIGURES 2014 English version
2 World Vision Japan Mitsubishi Motors Corporation Facts & Figures is published annually to help the media, researchers and analysts concerned with the auto industry better understand its activities. All of us at Mitsubishi Motors hope that this publication will give all readers an even better understanding of the company and its products. September 2014 Public Relations Department Mitsubishi Motors Corporation MMC is on the World Wide Web at the following URL Other information disclosure ANNUAL REPORT 2014 Year ended March 31, 2014 Corporate Social Responsibility Report 2014 Entering a new stage of growth Annual Report 2014 CSR Report 2014 The above publications can be also read on the MMC website as follows: Mitsubishi Motors Corporate Philosophy We are committed to providing the utmost driving pleasure and safety for our valued customers and our community. On these commitments we will never compromise. This is the Mitsubishi Motors way. While, as a member of Mitsubishi Group, we carefully follow the Group s The Three Principles, we also maintain our own corporate philosophy defining our own fundamental purposes and directions that include maintaining our Corporate Responsibility to society, practicing Integrity and Fairness and promoting International Understanding through Trade.
3 Contents Company Overview / Investor Information 2 Principal Management Indices 3 Subsidiaries and Affiliates 4 Production and Sales Volume Ranking by Countries Sales Volume Ranking by Model 6 Activities by Region Japan 8 North America 12 Europe 14 Asia, ASEAN and Other Regions 17 Members of the Board and Executive Officers 25 Milestones 26 Products Over the Years (Japan) 28 Major Production and Sales Models 30 1
4 2 Company Overview / Investor Information
5 Principal Management Indices (Units: Millions of Yen) (Units: Millions of Yen) 2,400,000 1,800,000 1,600,000 1,200, , ,000 Net Sales Consolidated Operation Non-consolidated Operation Operating Profit (Loss) 0 140,000 70, ,000 (Units: Millions of Yen) Consolidated Operation Non-consolidated Operation Total Assets Consolidated Operation Non-consolidated Operation Number of Employees 0 36,000 24,000 12,000 0 (Units: People) Consolidated Operation Non-consolidated Operation (Units: Millions of Yen) (Units: Companies) 140, , Ordinary Profit (Loss) 0-70,000 Number of Consolidated Subsidiaries, Equity Method Affiliates 20 0 Consolidated Operation Non-consolidated Operation Consolidated Subsidiaries Equity Method Affiliates (Units: Millions of Yen) 120,000 60,000 0 Net Income (Loss) -60,000 Consolidated Operation Non-consolidated Operation 3
6 Subsidiaries and Affiliates 4
7 5
8 Production and Sales Volume Ranking by Countries Sales Volume Ranking by Model 1 st Japan 637K units Mizushima 359K units Nagoya 209K units PMC 69K units 3 rd 4 th China SEM+GMMC 65K units United States MMNA 70K units 2 nd Thailand MMTh 339K units 5 th Indonesia KTB 63K units 6 th Taiwan CMC 37K units 7 th Brazil MMCB 31K units Production Volume * Ranking by countries Actual Production in FY2013 : 1,269K units Sales Volume Ranking by countries Sales Result in FY2013 : 1,047K units 1 st * Per JAMA counting method (Japan Automobile Manufacturers Association, Inc. ) Japan 143K units 2 nd Indonesia 93K units Japan50.2%, Others49.8% MMC and Consolidated Subsidiaries Other Principal Operational Facilities 3 rd Thailand 85K units 4 th 6 th Australia 70K units Russia 81K units 5 th China 71K units 7 th United States 66K units 8 th Philippines MMPC 14K units 9 th Russia PCMA Rus 6.3K units 10 th Taiwan 28K units 9 th 8 th Brazil 59K units Philippines 44K units Sales Volume Ranking by Model FY2013 result : 1,047K units 1st Triton (L200) 164.6K units 15.6% 2nd RVR (ASX / Outlander Sport) 162.6K units 15.5% 3rd Outlander 94.4K units 9.2% 4th Mirage (Space Star) 87.3K units 8.3% 5th Galant Fortis (Lancer) 82.0K units 7.8% The top 3 most selling models are SUVs. 6
9 Note: 1.Overseas production volume indicates the number of vehicles produced locally using parts shipped by MMC from Japan for assembly overseas (excludes Knocked Down production). 2.Puerto Rico included in North America up until FY2007 and classified into Central and South America, effective from FY Figures in Oceania refer to the sum of those in Australia and New Zealand. 4. Overseas production volume: Locally branded models produced in China, which had been included in the output figures for China, have been excluded from the statistic since April The new method of counting the number of units sold (the retail sales volume) was adopted, effective FY2011: Conventionally, the sales volume included products designed by MMC which were sold under other companies brands and MMC earned royalty income on, but under the new counting method, only MMC branded products are counted in the sales volume. The new method of counting the number of units sold (the retail sales volume) was adopted, effective FY2011: Conventionally, the sales volume included products designed by MMC which were sold under other companies brands and MMC earned royalty income on, but under the new counting method, only MMC branded products are counted in the sales volume. 7
10 Activities by Region Japan Principal Operational Facilities in Japan Pajero Manufacturing Co., Ltd. Automobile manufacturing Location : Gifu Prefecture Plant surface area: 189,183m 2 Powertrain Plant - Kyoto Automobile engine manufacturing Location : Kyoto Prefecture Plant surface area: 299,000m 2 Kyoto Research & Development Center Power plant research and development Location : Kyoto Prefecture Powertrain Plant - Shiga Automobile engine manufacturing Location : Shiga Prefecture Plant surface area: 172,800m 2 Mizushima Plant Automobile manufacturing Location : Okayama Prefecture Plant surface area: 1,245,700m 2 Powertrain Plant - Mizushima Automobile engine and transmission manufacturing Location : Okayama Prefecture Tokachi Research & Development Center Road testing, evaluation Location : Hokkaido Prefecture MMC Head Office Tokyo Nagoya Plant Automobile manufacturing Location : Aichi Prefecture Plant surface area: 425,000m 2 Research & Development Center Fundamental research, product development Location : Aichi Prefecture EV Research & Development Center Research and development base of electric vehicles Location : Aichi Prefecture Manufacturing Facilities Nagoya Plant Mizushima Plant Pajero Manufacturing Co., Ltd. (PMC) Engine Manufacturing Powertrain Plant Kyoto, Shiga, Mizushima Transmission Manufacturing Powertrain Plant Mizushima R&D Facilities R&D Research & Development Center Kyoto Research & Development Center Tokachi Research & Development Center Sales Organization Sales Companies: 105 Consolidated Subsidiaries 5, Independent Dealerships 100 New Car Sales Outlets: 671 (As of April 1, 2014) MMC and Consolidated Subsidiaries 8
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14 Activities by Region North America Principal Operational Facilities in North America Supervision of Operations MMNA (Head Office) Mitsubishi Motors North America, Inc. Location: Cypress, California Capitalization: USD million Activities: Automobile importing, manufacturing, sales and export Shareholders: MMC 100.0% Sales Organization (United States) Sales Outlets: 386 Sales Organization (Canada) Sales Outlets: 88 Sales Financing MMCA Mitsubishi Motors Credit of America, Inc. Location: Cypress, California Capitalization: USD million Activities: Automobile financing and leasing Shareholders: MMNA 100.0% Distributor MMSCAN Mitsubishi Motor Sales of Canada, Inc. Location: Mississauga, Ontario Capitalization: USD 1.3 million Activities: Automobile importing and sales Shareholders: MMNA 100.0% MMC MMNA Sales Division Manufacturing Division MRDA MMCA MMSCAN Consolidated Subsidiaries R&D Facility MRDA Mitsubishi Motors R&D of America, Inc. Location: Ann Arbor, Michigan Capitalization: USD 2.0 million Activities: Market research, product development, design, testing and certification Shareholders: MMNA 100.0% MMNA (Manufacturing) Mitsubishi Motors North America, Inc. Production Facility Location: Normal, Illinois (As of March 31, 2014) MMC and Consolidated Subsidiaries 12
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16 Activities by Region Europe Principal Operational Facilities in Europe Supervision of Operations MME Mitsubishi Motors Europe B.V. Location: Born, Netherlands Capitalization: EUR 1,282.9 million Activities: After-sales services, imports and sales of automobile parts Shareholders: MMC 100.0% Production Facility PCMA Rus PCMA RUS Limited Company Location: Kaluga, Russia Capitalization: EUR million Activities: Manufacturing of automobiles Shareholders: PSA Peugeot Citroën 70.0%, MMC 30.0% R&D Facility MRDE Mitsubishi Motor R&D Europe GmbH (MRDE) Location: Trebur, Germany Capitalization: EUR 0.8 million Activities: Research, testing and investigation about automobiles Shareholders: MME 100.0% Sales Organization Distributors :41 Sales Outlets :2,100 sales outlets approx. (As of March 31, 2014) MMC and Consolidated Subsidiaries 14
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19 Activities by Region Asia, ASEAN and Other Regions Principal Operational Facilities in Southeast Asia Thailand Philippines Vietnam Malaysia Vina Star Motors Corporation Activities: Manufacturing and sales of automobiles and parts Shareholders: MMC 25.0% Asian Transmission Corp. Location: Calamba Laguna, Philippines Capitalization: PHP million Activities: Manufacturing of automobile transmissions Shareholders: MMPC 79.4%, MMC 5.2% Indonesia Mitsubishi Motors Malaysia Sdn. Bhd. Activities: Automobile importing and sales Shareholders: MMC 0.0%, MC 52.0% Mitsubishi Motors Philippines Corp. Location:Rizal, Philippines Capitalization: PHP 1,640.0 million Activities: Automobile importing, manufacturing and sales Shareholders: MMC 51.0%, Sojitz 49.0% MMTh Engine Co., Ltd. Location: Cholburi, Thailand Capitalization: THB 20.0 million Activities: Manufacturing of automobile engine and pressed parts Shareholders: MMTh 100.0% Mitsubishi Motors (Thailand) Co.,Ltd. Location: Phathumthani, Thailand Capitalization: THB 7,000.0 million Activities: Automobile importing, manufacturing, sales and export Shareholders: MMC 100.0% P.T. Krama Yudha Tiga Berlian Motors Activities: Automobile importing and sales Shareholders: MMC 2.0%, MC 40.0% P.T. Mitsubishi Krama Yudha Motors and Manufacturing Activities: Manufacture of automotive parts Shareholders: MMC 0.0%, MC 32.3%, KTB 17.2 P.T. Krama Yudha Ratu Motors Activities: Automobile manufacturing Shareholders: MMC 0.0%, MC 31.0%, KTB 20.0% (As of March 31, 2014) MMC and Consolidated Subsidiaries 17
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22 and others and others 20
23 Harbin Shenyang Principal Operational Facilities in China DAE Harbin Dongan Automotive Engine Manufacturing Co., Ltd. Capitalization: CNY 500 million Activities: Manufacturing and sales of engines and transmissions Shareholders: MMC 15.3%, MCIC 9.0%, MC 5.7% Shanghai SAME Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co., Ltd. Capitalization: CNY 740 million Activities: Manufacturing and sales of engines Shareholders: MMC 25.0%, MCIC 14.7%, MC 9.3% Changsha Fuzhou Taiwan MMCh Mitsubishi Motors (China) Co., Ltd. Capitalization: 30 million RMB Activities: Research and investigation and quality control about automobile Purchasing and procurement of automobile parts Shareholders: MMC 100.0% GMMC GAC Mitsubishi Motors Co., Ltd Capitalization: CNY 1.7 billion Activities: Automobile manufacturing and sales Shareholders: MMC 33.0%, MC 17.0% MMSCN Mitsubishi Motor Sales (China) Co., Ltd. Capitalization: JPY 3 billion Activities: Automobile importing and sales Shareholders: MMC 50.0%, MC 50.0% SEM South East (Fujian) Motor Co., Ltd. Capitalization: USD 138 million Activities: Automobile manufacturing and sales Shareholders: MMC 25.0%, CMC 25.0% CMC China Motor Co,. Ltd. Capitalization: TWD 13.8 billion Activities: Automobile manufacturing and sales Shareholders: MMC 14.0%, MC 4.8% (As of March 31, 2014) 21
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27 25 Members of the Board and Executive Officers *
28 Milestones Company History Mitsubishi Motors Corporation (MMC) was established as a wholly-owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI) on April 22, MMC began operating on June 1, 1970 when MHI's automotive division was formally transferred to it. Year Chairmen & Presidents Major Milestones 1970 Jan. 31 Yuji Sato [P:MMSC] Apr. Mitsubishi Motors Corporation incorporated as wholly-owned subsidiary of MHI. Apr. 22 Yuji Sato [P:MMC] Jun. MMC started business taking over MHI motor vehicle division operations. MHI's Kyoto Works (certain facilities), Nagoya Motor Vehicle Works, Kawasaki Motor Vehicle Works (renamed "Tokyo Motor Vehicle Works" in the same month) and Mizushima Motor Vehicle Works transferred from MHI to MMC Jan. Mitsubishi Rented Car, Inc. established in joint-venture between Mitsubishi Corporation, Mitsubishi Motor Sales Co. (MMSC, established through merger of Mitsubishi Fuso Motors and Shin Mitsubishi Motor Sales Co. in October 1964) and Avis Rent A car System, Inc. (Renamed "Mitsubishi Auto Lease Co.,Ltd." in October 1984 and "Mitsubishi Auto Credit-Lease Corporation" in July 1988) May 30 Tomio Kubo [P:MMC] 1974 Nov. 29 Tomio Kubo [P:MMSC] 1976 Jan. 15 Tomio Kubo [C:MMSC] Jan. 15 Eiji Yokoyama [P:MMSC] 1977 Aug. MMC commissioned Nagoya Motor Vehicle Works Okazaki Plant Jun. 29 Tomio Kubo [C:MMC] Dec. MMC commissioned Kyoto Works Shiga Plant. Jun. 29 Yoshitoshi Sone [P:MMC] 1980 Oct. MMC and Mitsubishi Corporation jointly established Mitsubishi Motors Australia Ltd. (MMC subsequently acquired all MMAL shares in December 2001, MMAL is currently a consolidated subsidiary of MMC) Jun. 29 Eiji Yokoyama [C:MMSC] Dec. MMC and Mitsubishi Corporation jointly established Mitsubishi Motors Sales of America, Inc. Jun. 29 Masao Suzuki [P:MMSC] Jun. 30 Teruo Tojo [P:MMC] 1983 Jun. 29 Masao Suzuki [C:MMSC] Jun. 29 Toshiharu Tanaka [P:MMSC] Jun. 30 Teruo Tojo [C:MMC] Jun. 30 Toyoo Tate [P:MMC] 1984 Oct. 1 Toshiharu Tanaka [C:MMC] Oct. MMC took over management of Mitsubishi Motor Sales Co., Ltd. and renamed it "Ryoji Corporation." 1985 Jun. 27 Yoshisada Okano [C:MMC] Oct. MMC established Diamond-Star Motors Corporation (DSM) in a joint-venture agreement with Chrysler Corporation Dec. MMC shares listed on First Section of Tokyo, Osaka and Nagoya stock exchanges Jun. 29 Toyoo Tate [C:MMC] Mar. MMC shares listed on Kyoto, Hiroshima, Niigata, Fukuoka and Sapporo stock Jun. 29 Hirokazu Nakamura [P:MMC] exchanges Oct. MMC purchased all Chrysler-owned shares in Diamond-Star Motors (DSM). Nov. MMC acquired 33.3% stock (15% stake held by MMC affiliates included) of Volvo Car B.V. (renamed "Netherlands Car B.V." in January 1992) under terms of shareholders' agreement (signed in August 1991) with the Netherlands Government and Volvo Car Corp. relating to joint-venture production of passenger cars in the Netherlands Mar. MMC established Mitsubishi Motor Sales Europe B.V Jun. 29 Hirokazu Nakamura [C:MMC] Jul. DSM renamed "Mitsubishi Motor Manufacturing of America, Inc." Jun. 29 Nobuhisa Tsukahara [P:MMC] 1996 Jun. 27 Takemune Kimura [P:MMC] Nov. MMC commissioned Tokachi Proving Ground in Hokkaido Nov. 27 Takemune Kimura [C:MMC] Nov. 27 Katsuhiko Kawasoe [P:MMC] 1999 Feb. MMC acquired half of the Dutch government's 16.7% holding in Netherlands Car B.V., bringing its equity interest up to 50% (15% stake held by MMC affiliates included). Jun. Nagoya Motor Vehicle Works, Mizushima Motor Vehicle Works and Tokyo Motor Vehicle Works renamed "Nagoya Plant," "Mizushima Plant" and "Tokyo Plant," respectively. Dec. MMC and AB Volvo signed strategic operational alliance covering trucks and buses. 26
29 Year Chairmen & Presidents Major Milestones 2000 Nov. 1 Takashi Sonobe [P:MMC] Jul. MMC signed Master Alliance Agreement with DaimlerChrysler AG covering passenger car operations Mar. MMC acquired AB Volvo's 50% stake in Netherlands Car B.V., thereby increasing its equity interest to 100% (15% stake held by MMC affiliates included. Netherlands Car B.V. is currently an MMC subsidiary). Apr. MMC replaced AB Volvo with DaimlerChrysler as its strategic alliance partner in truck & bus sector Jun. 25 Takashi Sonobe [C:MMC] Mar. MMC entered agreement with Nissan Motor Co.,Ltd. and JATCO TransTechnology Ltd. (JTT, renamed "JATCO Ltd." in April 2002) to integrate MMC and JTT automatic and CV Jun. 25 Rolf Eckrodt [P:MMC] transmission operations. Apr. MMC spun off AT and CVT operations into a separate company, incorporating them as Diamondmatic Co., Ltd. Following this, MMC transfers its Kyoto Plant-Yagi facilities to Diamondmatic Co., Ltd. Jul. MMC exchanged all shares held in Diamondmatic Co., Ltd. with JATCO Ltd., giving MMC an 18% share in JATCO. Sep. MMC agreed to spin off its truck and bus operations and subsequently sold shares in the new company to DaimlerChrysler AG. Oct. MMC signed agreement with 10 Mitsubishi group firms concerning the spin-off of truck and bus operations and sale of shares in the new company. Dec. Mitsubishi Motors Sales Europe B.V. merged with Mitsubishi Motors Europe B.V. (presently a consolidated subsidiary) Jan. Mitsubishi Motor Sales of America, Inc., Mitsubishi Motor Manufacturing of America, Inc. and one other company merged to form Mitsubishi Motors North America, Inc. (presently a consolidated subsidiary). Jan. MMC truck and bus operations are spun off under Japan's corporate separation law and established as Mitsubishi Fuso Truck and Bus Corporation (MFTBC). Accompanying this move, the Truck & Bus Production Office (Kawasaki Plant) was transferred to MFTBC and all shares of Mitsubishi Fuso Truck of America, Inc. were succeeded to by MFTBC. Mar. MMC sold a 43% stake in MFTBC to DaimlerChrysler AG and a collective 15% stake to 10 Mitsubishi group firms, leaving it with a shareholding of 42% in MFTBC. May MMC moved its head office to 16-4, Konan 2-chome, Minato-ku, Tokyo. Jun. MMC renamed Kyoto Plant "Powertrain Plant." 2004 Apr. 30 Yoichiro Okazaki [C,P:MMC] Mar. MMC sold 22% stake in MFTBC to DaimlerChrysler AG, leaving it with a shareholding of 20% in MFTBC. Jun. 29 Hideyasu Tagaya [P:MMC] 2005 Jan. 28 Takashi Nishioka [C:MMC] Mar. MMC transferred a 20% stake in MFTBC to DaimlerChrysler AG in Germany, leaving no Jan. 28 Osamu Masuko [P:MMC] shareholding in MFTBC Mar. Mitsubishi Corporation and Diamond Lease Co., Ltd. signed a basic agreement to reorganize Mitsubishi Auto Credit-Lease Corporation and Diamond Auto Lease Co., Ltd Jan. MMC moved its head office to 33-8, Shiba 5-chome, Minato-ku, Tokyo Mar. Car production terminated at Mitsubishi Motors Australia Limited, MMC s manufacturing and marketing subsidiary in Australia Apr Jun Dec Dec. 27
30 Products Over the Years (Japan) Passenger Cars '65 '70 '75 '80 '85 '90 '95 Debonair Jul. 64 Debonair V Aug. 86 Debonair Oct. 92 Galant Λ Dec. 76 Galant Λ Eterna Λ May 80 Galant ΣH/T Eterna ΣH/T Oct. 84 Diamante May 90 Sigma Nov. 90 New Diamante Jan. 95 Colt Galant Dec. 69 New Galant Jun. 73 Galant Σ May 76 Galant Σ Eterna Σ May 80 Galant Σ Eterna Σ Sep. 83 Galant Oct. 87 Galant May : Galant GTO 1971: Galant FTO 1978: Galant Σ Eterna 1978: Galant Λ Eterna Cordia Mar. 82 Eterna Oct. 88 Eterna May 92 Pre-MMC Models Mitsubishi 500 (Apr. 60) Colt 600 (Jul. 62) Colt 1000 (Jul. 63) Colt 1500 (Nov. 65) Colt 800 (Nov. 65) Colt 1000F (Sep. 66) Colt 1100 (Sep. 66) New Colt 1200 (May 68) New Colt 1500 (May 68) Colt 1100F (Aug. 68) Jeep (Feb. 53) Jeep: Starting with the CJ3A model and going through to the J55 model, Mitsubishi assembled over 200,000 Jeeps from knockdown kits, until Jeep production at MMC ended in Delica Truck Jul : Delica Van Lancer Feb : Lancer Celeste Lancer Nov. 76 Mirage [82 Lancer Fiore] Mar. 78 Lancer EX Apr. 79 Forte Sep. 78 Delica Jun. 79 Tredia Mar. 82 Starion May 82 Pajero May 82 Mirage Lancer Fiore Oct. 83 Chariot Feb. 83 Mirage / Lancer Wagon Feb. 85 Delica Jun. 86 Mirage Oct. 87 Lancer Jun. 88 Eterna Sava Oct. 89 GTO Oct. 90 Mirage Oct. 91 Lancer Oct. 91 Pajero Jan. 91 Strada May 91 Chariot May 91 Emeraude Oct. 92 Libero May 92 Mirage Oct. 95 Lancer Oct. 95 FTO '94 10/24 Strada imports Jun. 97 Delica Space Gear May 94 Pajero Jr. Nov. 95 RVR Feb. 91 Minica Oct. 62 Minica 70 Jul. 69 Minica F4 Oct. 72 Minica Ami55 Jun. 77 Minica Ami L Sep. 81 Minica Feb. 84 Minica Jan. 89 Minica Sep : Minica Skipper 1976: New Minica Minica Toppo Mar. 90 Minica Toppo Sep. 93 Minicab Truck Aug. 66 Minicab 5 Truck Apr. 76 Minicab Wide 55 Mar. 77 Minicab Jun. 84 Minicab Bravo Jan : Minicab Van Leo 3-wheel light vehicle (Sep. 59) Mitsubishi 360 (Mar. 61) Pajero Mini Dec
31 '00 '05 '10 As of September 1, 2014 Note: Dates Refer to Launch Date Proudia Dignity Feb. 00 Proudia Dignity Jul. 12 Galant Fortis Aug. 07 Galant Aug. 96 Galant Fortis Sportback Dec. 08 Legnum Aug. 96 Colt Plus Oct. 04 Aspire Aug. 98 Colt Nov. 02 Lancer Cedia May 00 Mirage Dingo Jan. 99 Lancer Cedia Wagon Nov. 00 Lancer Feb. 03 Lancer Wagon Feb. 03 Lancer Evolution X Oct. 07 Mirage Aug. 12 Challenger Jul. 96 RVR Nov. 97 Dion Jan. 00 TownBox Wide Jun. 99 Toppo BJ Wide Jan. 99 Minica Oct. 98 Pajero Sep. 99 Chariot Grandis Oct. 97 Pajero io Jun. 98 Airtrek Jun. 01 Grandis May 03 Outlander Oct. 05 Pajero Oct. 06 Triton Sep. 06 i Jan. 06 Delica D:5 Jan. 07 i-miev Jul. 09 RVR Feb. 10 Delica D:3 Oct. 11 Delica D:2 Mar. 11 MINICAB-MiEV Dec. 11 New Model Outlander Oct. 12 New Model Outlander PHEV Jan. 13 Toppo BJ Oct. 98 ek Active May 04 Toppo Sep. 08 MINICAB-MiEV TRUCK Jan. 13 Minicab Jan. 99 Town Box Apr. 99 Pajero Mini Oct. 98 ek Wagon Oct. 01 ek Sport Sep. 02 ek Classy May 03 ek Wagon Sep. 06 ek Sport Sep. 06 New Model ek Wagon ek Custom Jun. 13 ek Space Feb. 14 Town Box Feb
32 Major Production and Sales Models Seating Capacity : 4 persons / 10.5kWh, 16.0kWh 30
33 Derivation of MMC Major Models Name Name Delica D:5 ek Wagon Galant Fortis i-miev Lancer Evolution minicab Mirage Outlander Pajero Triton Derivation and Meaning From delivery car ; D:5 meaning 5th-generation Delica Coined from the Japanese ii-kei, for excellent K-car (minicar) Galant, French for gallant combined with Fortis, Latin for brave Mitsubishi Motors electric vehicle. From the Japanese ai meaning love, and representing intelligence, innovation, and imagination The name MiEV stands for Mitsubishi Innovative Electric Vehicle. Evolving the idea of progression to a higher state of being Light cab-over vehicle with a cargo bed From the English word (originally French) mirage From the English outland, evoking the feeling of journeying to distant, unexplored lands in search of adventure Named after a mountain cat that inhabits the Patagonia plateau region in southern Argentina Tri, English meaning 3 (from Mitsubishi = three diamonds), combined with ton of 1-ton pickup 31
34 Copyright 2014 All rights reserved by Mitsubishi Motors Corporation MITSUBISHI MOTORS CORPORATION 33-8, Shiba 5-chome, Minato-ku, Tokyo Japan TEL FAX TEL (Corporate PR) Fax: Corporate Web Site :
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