April 23, 2024

Mitsubishi Motors PH Had Their Highest Fiscal Year Sales Ever In 2023


During its presidential turnover, Mitsubishi Motors Philippines (MMPC) revealed that they have recorded their highest annual sales volume ever in a Fiscal Year (FY). Sales from April 2023 to March 2024 have hit 81,473 units helping the brand secure an 18.5 percent market share.

Compared to the previous fiscal year, MMPC recorded a significant sales growth of 34 percent from its 60,630 units sales last FY 2022. The Mirage, Xpander, and L300 emerged as the top-selling models, respectively, leading the sales charts for MMPC.

With the higher production capacity of its plant in Sta. Rosa, Laguna, MMPC was able to locally produce more CKD units and sell 26,139 units of the Mirage and 13,101 units of the L300. The Mitsubishi Xpander (lead photo) has also been hailed as the best-selling MPV this year with its 24,178 units sales volume, as certified by Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI).

Aiming to solidify its lead in the MPV segment, the Xpander has received new features for 2024. It now comes with a color that used to be exclusive to the Xpander Cross—Green Bronze Metallic. Moreover, it has also received a new 9-inch Touchscreen Smartphone Link Display Audio system.

Apart from new products, MMPC attributes its sales growth to the competitive promotions and strategic marketing campaigns they have implemented.

“We focused on customer-centric approach the past years, aiming to provide wonderful car life experience to Filipinos. We highlighted experience as an important part of customer’s purchasing journey. And we’re very grateful to our valued customers, dealers, suppliers, and business partners for their positive feedback on this approach and for their continued support to the Mitsubishi Motors brand.”, said Takeshi Hara, President & CEO of MMPC.

In addition to achieving the highest sales volume by far in MMPC’s history, MMPC also remains committed to its corporate social responsibility initiatives, contributing to the sustainable development of communities and the environment. The company’s holistic approach to business reflects its vision of creating a better world through mobility, innovation, and responsible practices.

13 comments:

  1. Japz reliability and durability makes good sales.

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  2. Their new Triton is barely selling. It's a good thing, I don't want to see those hideous things on the roads while driving. Might be a cause for accident on the road seeing that attrocious design 🤣

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  3. Decade old Mirage G4 Sedan really needs some major interior and exterior updates aside from additional safety features

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    1. Mirage itself needs a full model change rather than updating the current one. They could base it from the Renault-Nissan car platforms.

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    2. Also, the transmission has held up. Kudos Mitsu!

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  4. Congratulations. A strong near peer competitor is good for consumers.

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  5. Triton looks not good, it looks like the first gen mazda ford ranger

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  6. They found a niche with the Xpander that Toyota was not willing to address. That's how they should approach it with the other models. Toyota has so many models that if they make a very good vehicle, it might cannibalize higher margin models. Mitsu does not have to deal with that.

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  7. If only Mitsu could keep the same market enthusiasm abroad.

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  8. Since Pinas number 1 market ng mitsu worldwide, as a reward they should bring jdm models like 4x4 delica, pajero mini, kei cars. Cmon mitsu the Philippines will live you more

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    Replies
    1. pilipinas na lang nag titiis sa mitsubishi

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    2. Indonesia ata ang number 1 market ng mitsu, ika 2 or 3 lang ang pinas

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  9. You can never wrong buying Mitsubishi vehicles. Reliability, durability and peace of mind Parts availability is its secret weapon. Mitsubishi for Lifetime.

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