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4-Traders Homepage  >  Equities  >  Tokyo  >  MITSUBISHI MOTORS CORPORATION    7211   JP3899800001

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Mitsubishi Motors : Closes 2016 With 4th Consecutive Year Of Annual Sales Growth

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01/04/2017 | 06:02pm CET

January 04, 2017 -CYPRESS, Calif.

  • Annual sales of 96,267 are the highest since 2008
  • Outlander remains strong with sales up 39.5 percent over 2015
  • Outlander Sport remains the brands volume leader with total 2016 sales of 33,067

Mitsubishi Motors North America, Inc. (MMNA) today reported December 2016 sales of 7,383. Total sales recorded for 2016 were 96,267 up 1.0 percent over 2015, marking the fourth consecutive year of annual sales growth for the brand. Mitsubishi's three-row crossover utility vehicle (CUV) Outlander popularity continues to grow in 2016 with total sales of 26,576, up 39.5 percent over 2015.

Mitsubishi's strong CUV lineup of Outlander and Outlander Sport reported total 2016 sales of 59,643, up 6.5 percent over 2015.

For more information on Mitsubishi Motors, please visit media.mitsubishicars.com.

December

YTD

2016

2015

2016

2015

i‐MiEV

3

9

94

115

Mirage

1555

1262

22226

21515

Lancer

860

1324

14304

17691

Outlander Sport

2500

3356

33067

36966

Outlander

2465

1936

26576

19055

Total

7383

7887

96267

95342

About Mitsubishi Motors North America, Inc.
Mitsubishi Motors North America, Inc., (MMNA) is responsible for all research and development, marketing, and sales for Mitsubishi Motors in the United States. MMNA sells sedans and crossovers/SUVs through a network of approximately 360 dealers. MMNA is leading the way in the development of highly efficient, affordably priced new gasoline-powered automobiles while using its industry-leading knowledge in battery electric vehicles to develop future EV and PHEV models. For more information, contact the Mitsubishi Motors News Bureau at (888) 560-6672 or visit media.mitsubishicars.com.

# # #

Mitsubishi Motors Corporation published this content on 04 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 January 2017 17:02:08 UTC.

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Financials ( JPY)
Sales 2017 1 867 267 M
EBIT 2017 -
Net income 2017 -227 100 M
Finance 2017 383 544 M
Yield 2017 1,41%
P/E ratio 2017 -
P/E ratio 2018 16,62
EV / Sales 2017 0,33x
EV / Sales 2018 0,31x
Capitalization 1 004 450 M
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Mean consensus HOLD
Number of Analysts 11
Average target price 622  JPY
Spread / Average Target -7,7%
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Osamu Masuko President, CEO & Representative Director
Carlos Ghosn Chairman
Masao Kuruma Chief Information Officer
Harumi Sakamoto Non-Executive Director
Shunichi Miyanaga Non-Executive Director
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