Mitsubishi reports first-quarter growth

Auto & Audio May 02, 2019 15:41

By The Nation

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For the period of January to March, Mitsubishi Motors Thailand Co Ltd sold 23,991 vehicles, posting a growth of 15.9 per cent compared with the same period in 2018.



Mitsubishi said the total industry volume (TIV) for the quarter was 263,549 vehicles, a year-on-year (YOY) growth of 11.2 per cent. Mitsubishi Thailand’s performance also resulted in a market share of 9.1 per cent, compared to 8.7 percent for the same period in 2018. 

“Like last year, we start 2019 on a positive note, on the momentum we created from our range of advanced, outstanding design and award-winning vehicles. I am confident we can carry this momentum moving forward into the year,” said chief executive Morikazu Chokki.

“We will continue to populate the market with more new models and special editions in 2019. This is in addition to the continued upgradation of our people, marketing activities and customer satisfaction,” Chokki added.