Tokyo, August 28, 2006 — Mitsubishi Motors Corporation today announced global production, as well as domestic sales and export results, for July 2006.

Total global production of Mitsubishi's totaled 107,192 units, 88.3 percent of the previous year total. Japanese production reached 62,571 units, a small decline of 2.1 percent from the year ago period.

Total vehicle sales in Japan came to 21,029 units, a 3.3 percent increase year-on-year, making July the fifteenth consecutive month of year-on-year sales growth in Japan. Total sales for passenger cars came to 14,329 units, up 7.8 percent over the July 2005 total on sales of new models, while commercial vehicle sales fell 5.2 percent over the previous year to 6,700 units. The decline in commercial vehicles stemmed from lower sales of the Pajero and Delica models which will undergo model changes later this fiscal year.

Overseas production for the month totaled 44,621 units, 77.6 percent of the total for July 2005. European production showed a 44.9 percent increase year-on-year to 6,495 units due to brisk sales of the new Colt CZC cabriolet model. Asian production totaled 27,106 units, 67.0 percent of the year ago total due to unfavorable economic conditions in markets such as Indonesia, Malaysia, and Taiwan. Lastly, North American production fell slightly to 7,585 units, down 2.2 percent over the previous period total.

Total exports from Japan grew strongly year-on-year to 36,068 units, up 13.6 percent. Exports to Europe increased a small 2.9 percent over July 2005 to 12,447 units and exports to Asia came to 2,819 units, 76.8 percent of the year ago total. Similar to Asian production, the decline in exports to Asia stemmed from poor economic conditions for the industry. Exports to North America remained stable at 5,055 units, 100.5 percent of total for July 2005

Mitsubishi Motors Corp & Nissan Motor Co Ltd. today announced they have signed an agreement under which Mitsubishi will supply Nissan with the next-generation eK WAGON mini-vehicle starting in the second half of fiscal year 2006.

The next-generation model will replace the current eK WAGON that Nissan receives from Mitsubishi under an original equipment manufacturer (OEM) agreement signed in 2005. Nissan receives 36,000 units a year from the Japanese automaker and sells them under the Otti brand.

In addition to the eK WAGONs, Mitsubishi also supplies Nissan with 20,000 Minicab light commercial vehicles a year, which Nissan sells under the Clipper name.

The ongoing OEM agreement will enhance Nissan's ability to offer a product lineup that meets customer needs, while at the same time enhancing Mitsubishi's productivity through an increase in volume efficiency.

Following the latest residual value review, SGP Leasing are delighted to confirm new reduced monthly rentals on selected Mitsubishi L200 pickups.

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Mitsubishi Motors UK has been presented with the Best Pick-Up award in the 2006 Commercial Fleet World Honours. Beating off all opposition in its class, the new L200 pick-up was announced as the category winner at a high-profile awards ceremony held at the Royal Automobile Club in London’s Pall Mall.

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