Mitsubishi Motors Philippines Corporation
Mitsubishi Motors Philippines Corporation

Press Release

Mitsubishi Motors Philippines sets new record sales again in February 2014

Mitsubishi Motors Philippines Corporation (MMPC) closed the month of February registering again a new monthly record sales of 4,409 units, just two months after establishing its highest monthly record of 4,322 last December 2013. Sales for the month of February also reflected a double digit growth of 29% compared to January sales of 3,411 units and is significantly high by 24% versus the same month last year. Year to date sales also rose by 22% compared to the same period last year with 7,821 units sold for the first two months of the year.

Combined reports from the Chamber of Automotive Manufacturer of the Philippines Inc. and Truck Manufacturers Association showed that the industry enjoyed a modest growth of 8% with a total of 16,829 units sold despite the fewer calendar days in February. With this figure, MMPC was able to capture 26% market share. MMPC strongly remains to be the second bestselling automotive brand in the country.

MMPC’s sales in most of the industry segments remarkably improved. Passenger cars sales is up by 6% with 919 units sold. The Mirage (hatchback) and Mirage G4 continue to attract a substantial chunk of the car buyers because of its fuel efficiency, cool styling and value added features. Year to date figures shows that Mirage G4 and the Mirage are among the top ten bestselling cars.

Meanwhile, MMPC light commercial vehicle (LCV) sales for February reached 3,351 units which is impressively up by 39% compared to January sales of 2,407 units. The growth in LCV sales is attributable to the strong sales performance of the Montero Sport which stays to be one of the bestselling vehicles. The Montero Sport also topped both SUV segments and total LCV category last February. The ever reliable Mitsubishi L300 and Adventure also took the sixth and eighth place respectively on the roster of top ten bestselling vehicles in the country. Aside from the noteworthy performance of Mitsubishi vehicles which made it on top of the buyer’s choice, MMPC also credits its incessant sales surge with the exciting marketing promotions offering great deals and affordable financing package which makes it easier and more affordable to purchase a brand new vehicle.

With the healthy economic condition, growth on the demand for brand new vehicles and given MMPC’s extensive vehicle lineup, MMPC is highly optimistic that it will be able to sustain its robust market performance throughout the year. “MMPC is aiming to sell more than 50,000 units or around 16% higher than that of last year and to achieve this we will continue to offer world-class vehicles that will perfectly respond to our customers’ needs. We are also doubling our efforts to give our valued clients the best customer experience from the time they visit our showroom to checkout our products on display up to the moment they come back for servicing or even to purchase their next Mitsubishi” Mr. Froilan Dytianquin, Vice President for Marketing Services said. “We will also keep it easier and more affordable for our customers to own a brand new vehicle which is just like our on-going Summer Road Trip Deals for the month of March,” Mr. Dytianquin added inviting clients to visit their showrooms (located nationwide) and checkout this offer.

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