66% Sales Increase For Mitsubishi Motors Malaysia At End Of Financial Year 2021
Mitsubishi Motors Malaysia has experienced immense growth thanks to the new XPANDER.
Mitsubishi Motors Malaysia has posted a sales number of 19,217 units for Financial Year 2021, which ran between April 2021 and March 2022. This represents an increase of 66% compared to Financial Year 2020. Mitsubishi Motors Malaysia claims that this puts it in the no.3 spot for non-national carmakers in Malaysia, likely beating out strong rivals like Nissan, Volkswagen and Subaru.
The key to Mitsubishi’s success was quite obviously the Xpander. This 7-seater MPV crossover contributed over 9,000 units or 47.2% of the company’s total sales. That’s hardly surprising when you consider that the company only sells 2 models here – the Triton (lo-rider and hi-rider) and Xpander.
Here’s the press release with more.
Press Release
MITSUBISHI MOTORS MALAYSIA (MMM), the official distributor of Mitsubishi Motors vehicles in Malaysia, ended Financial Year 2021 (April 2021 – March 2022) on a high note despite two years of being affected by the pandemic.
The company sold 19,217 units in FY21, which represents a 66% increase despite the Total Industry
Volume (TIV) shrinking by 6.7%, as compared to the same period in Financial Year 2020 (April 2020-
March 2021). This noteworthy achievement puts the company comfortably in the top three spots of
the non-national automotive category.
The Mitsubishi XPANDER continues to dominate the non-national MPV segment in Malaysia, and also leads the sales for the Mitsubishi Motors brand. The seven-seater crossover has closed the financial year with 9,065 units sold, which contributed 47.2% to the company’s overall total sales. The robust Mitsubishi Triton pick-up truck is also maintaining a solid market share of close to 21.4% and remains one of the favourite choices within the pick-up truck segment despite healthy competition from its newly launched rivals. Mitsubishi Motors has sold 9,420 units of Triton in FY21 which is a 24% increase compared to FY20.
MMM is committed to sell a range of vehicles that are high in quality, performance, safety, comfort and technologically advanced. The Triton 4×4 pick-up truck are imported as CBU (Completely Built-Up) units from Thailand while the Outlander and new XPANDER are locally assembled (CKD) in Malaysia.
“Drive your Ambition” is a powerful statement of Mitsubishi Motors Corporation’s (MMC) on-going commitment to the values and aspirations of its drivers. Following this, MMM strives to provide unique experiences and inspire our customers to go the distance with our vehicles.
About the Author
Subhash Nair Written work on dsf.my. @subhashtag on instagram. Autophiles Malaysia on Youtube.
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