Professional Documents
Culture Documents
Facts & Figures Mitsubishi Motors Corporation 2000
Facts & Figures Mitsubishi Motors Corporation 2000
1
Glossary of acronyms used in this publication
A ABS . . . . . . . . . . . Anti-lock braking system
ASC . . . . . . . . . . . Active stability control
ATC . . . . . . . . . . . Asian Transmission Corp.
AYC . . . . . . . . . . . Active yaw control
C CCD. . . . . . . . . . . Charge coupled device
CMC . . . . . . . . . . China Motor Corp.
F FUSO . . . . . . . . . . Mitsubishi truck brand
G GDI . . . . . . . . . . . Gasoline direct injection
H HC . . . . . . . . . . . . Hydrocarbons
HMC . . . . . . . . . . Hyundai Motor Co.
HML . . . . . . . . . . . Hindustan Motors Ltd.
I INVECS . . . . . . . . Intelligent & innovative vehicle electronic control system
ITS . . . . . . . . . . . . Intelligent transport system
J JAMA . . . . . . . . . . Japan Automobile Manufacturing Association
M MBECS . . . . . . . . . Motor vehicle brake energy conservation system
MC. . . . . . . . . . . . Mitsubishi Corporation
MDAS. . . . . . . . . . Mitsubishi driver’s attention monitoring system
MFTA . . . . . . . . . . Mitsubishi Fuso Truck of America, Inc.
MHI . . . . . . . . . . . Mitsubishi Heavy Industries, Ltd.
MHTC . . . . . . . . . MMC Holding (Thailand) Co., Ltd.
MIE . . . . . . . . . . . MMC Investment of Europe B.V.
MILS. . . . . . . . . . . Mitsubishi intelligent load monitoring system
MKM . . . . . . . . . . P.T. Mitsubishi Krama Yudha Motors & Manufacturing
MMA . . . . . . . . . . Mitsubishi Motors America Inc.
MMAL . . . . . . . . . Mitsubishi Motors Australia, Ltd.
MMC . . . . . . . . . . Mitsubishi Motors Corporation
MMCA . . . . . . . . . Mitsubishi Motors Credit of America, Inc.
MMCE . . . . . . . . . MMC Automoviles Espana SA.
MME . . . . . . . . . . Mitsubishi Motors Europe B.V.
MMGF . . . . . . . . . Mitsubishi Motor Parts Sales of Gulf
MMMA . . . . . . . . . Mitsubishi Motor Manufacturing of America, Inc.
MMNZ . . . . . . . . . Mitsubishi Motors New Zealand Ltd.
MMPC . . . . . . . . . Mitsubishi Motors Philippines Corp.
MMRE. . . . . . . . . . Mitsubishi Motor Marketing Research Europe GmbH
MMSA . . . . . . . . . Mitsubishi Motor Sales of America, Inc.
MMSC . . . . . . . . . Mitsubishi Motor Sales of Caribbean, Inc.
MMSD . . . . . . . . . Mitsubishi Motor Sales Denmark AS
MMSE. . . . . . . . . . Mitsubishi Motor Sales Europe B.V.
MPI . . . . . . . . . . . Multi-point injection
MRDA . . . . . . . . . Mitsubishi Motors R&D of America, Inc.
MRDE . . . . . . . . . . Mitsubishi Motor R&D Europe GmbH
MSC. . . . . . . . . . . MMC Sittipol Co., Ltd.
MTE . . . . . . . . . . . Mitsubishi Trucks Europe-Sociedade Europeia de Automoveis, S.A.
MVV . . . . . . . . . . . Mitsubishi Vertical Vortex
N NedCar . . . . . . . . Netherlands Car B.V.
NOx . . . . . . . . . . . Oxides of nitrogen
P PDC . . . . . . . . . . . Preview Distance Control
PROTON . . . . . . . Perusahaan Otomobil Nasional Bhd.
R RISE . . . . . . . . . . . Realized impact safety evolution
S SRS . . . . . . . . . . . Supplemental restraint system
T TCL . . . . . . . . . . . Traction ControL
V VSM . . . . . . . . . . . VinaStar Motors Corp.
M ITSUBISHI MOTORS CORPORATION is pleased to present FACTS & FIGURES 2000 for all those with
an interest in the company. This booklet is intended to provide a general overview of the company’s main
products, as well as its research and development, production, sales, exports, and other operations. We hope
that FACTS & FIGURES 2000 will be of assistance and value. Any suggestions as to how we may improve the
booklet will be welcomed.
September 2000
n In Japan
Mr Fumio Nishizaki: International Public Relations
Public Relations Department
Mitsubishi Motors Corporation
33–8 Shiba 5–chome
Minato–ku, Tokyo
JAPAN 108–8410
Tel:+81–3–5232–7165 Fax:+81–3–5232–7747
n Major affiliates
Mr Junzo Ishino: Media Relations & Public Affairs
Mitsubishi Motors America, Inc.
Tel: +1–714-372-6442 Fax:+1–714-934-7603
Mr T. Kawahata: PR Dept.
Mr T. Kishii Mitsubishi Motor Sales of Europe B.V.
Tel: +31-20-4468-355 Fax:+31-20-4468-143
m Corporate profile
Head office: 33-8, Shiba 5-chome, Minato-ku, Tokyo, Japan 108-8410
Established: April 22, 1970
Paid-in capital: ¥150,730,455,926 (March 31, 2000)
Common stock issued: 970,307,624 shares (March 31,2000)
Business activities: Manufacture and sale of motor vehicles, associated components, industrial engines.
Major shareholders: Mitsubishi Heavy Industries, Ltd. . . . . . . . . . . . . . . . . 25.62%
(March 31, 2000) Capital Research and Management Company . . . . . . . . . 9.15%
Mitsubishi Corporation . . . . . . . . . . . . . . . . . . . . . . . . 7.99%
AB Volvo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.00%
The Mitsubishi Trust & Banking Corporation. . . . . . . . . . 4.66%
The Bank of Tokyo-Mitsubishi, Ltd. . . . . . . . . . . . . . . . 4.43%
The Sumitomo Trust & Banking Corporation . . . . . . . . . . 3.73%
The Chase Manhattan Bank, NA London . . . . . . . . . . . . 2.31%
Meiji Life Insurance Company . . . . . . . . . . . . . . . . . . . 2.06%
Mitsubishi Jiko Employees Shareholding Association. . . . 2.01%
President & CEO: Katsuhiko Kawasoe
Employees: 22,666 (non-consolidated; March 31, 2000)
65,485 (consolidated; March 31, 2000)
Ì MDAS-II
The Mitsubishi Driver’s Attention monitoring System (MDAS-II) is a computerized
system that monitors the driver’s level of alertness, using a CCD camera to detect lane
markings as well as sensor-data on steering wheel movements and gear changing.
MDAS-II starts operating when vehicle speed exceeds 60 km/h, and stays operative until
speed drops below 40 km/h. This advanced system delivers visual and voice warnings to
the driver when it detects alertness has dropped to a predetermined level. MDAS-II fea-
tures a forward vehicle distance system, in which the timing of warnings is tailored to the
degree to which driver alertness has decreased, and a lane departure warning system. The
system also helps keep the driver alert by emitting a herbal fragrance into the cab. Avail-
able on the Super Great heavy truck, this reliable system really comes into its own on
long-distance hauls.
Ì Mitsubishi Fuso Total Support System
The Mitsubishi Fuso Total Support System (MFTSS) assists the management and operation of trucks and buses. It
comprises Logistics, Cargo Quality and Vehicle Management systems. For the haulage operator, MFTSS contributes
to improvements in real-time vehicle and shipment tracking and in operational efficiencies as well as to reduced operat-
ing expenses. The system accommodates time-designated deliveries and other advanced and diverse needs of shippers
today and, as such, contributes to environmental conservation - an area of growing public concern.
ª Logistics management system: Uses Global
Positioning System technology to provide real-time data
on vehicle location, speed and other information required
by the haulage operator to track vehicle movements. En-
abling quick and accurate answers to inquiries about ship-
ment status and more effective response to sudden orders,
the system allows the operator to offer improved levels of
service. It also reduces man-power requirements by en -
abling the gathering and analysis of vehicle data and by fa-
cilitating daily log and report generation. Used with the
special analytical software package, the system also en -
ables the operator to keep track of operational safety and
fuel economy for individual drivers and vehicles.
ª Cargo quality management system: Keeping foodstuffs fresh during shipment requires careful that
temperature and other factors inside refrigerated vans be carefully controlled. Enabling such information to be
monitored on a real-time basis, this system allows the operator to deliver shipments to the customer more promptly
and in better condition and to thereby offer improved quality and levels of service.
ª Vehicle management system: Mitsubishi's own system enables the gathering and analysis of data from
sensors installed throughout the vehicle. This increases the efficiency of preventive servicing and of vehicle
management overall. Using data collected from the vehicle's operation the previous day, the system displays items
that require servicing before the vehicle is operated that day. This brings greater certainty to vehicle servicing and
maintenance as well as enables the operator to keep an accurate and detailed record of malfunctions.
Ì Mitsubishi ASV-2
MMC has recently completed development of three Mitsubishi ASV-2 advanced safety vehicles that represent the
crystallization of the company’s vast accumulation of safety technology know-how and incorporate many applicable
technologies for the 21st century. The Mitsubishi ASV-2s now add user-friendly – the more elderly driver included –
ITS technology to the advanced Active and Passive Safety technologies already applied in MMC vehicles.
ª ITS-ASV: Incorporates advanced ITS technology, using sensors and communication systems to mon itor the
road environment and provide the driver with voice and visual information. The ITS-ASV also features a system
that assists the driver in taking avoidance action should he find himself in a potentially dangerous situation. Com-
ponent systems include: Multi-eye system that uses millimeter-wave radar to monitor forward vehicle distance and
relative vehicle speed, laser radar with high resolution capability, cameras that respond to significant changes in
light intensity, and a variety of sensors that detect and monitor the road environment; Friendly cockpit that meets
the requirements of the information society in the 21st century, providing all information necessary for safe opera-
tion of the vehicle and featuring a head-up display (HUD), voice-activation system and a hands-free car telephone;
Other equipment includes steering and brake actuators and other components that support the driver in his opera-
tion of vehicle.
ª Hi-mobility ASV: Using new-design driving controls and advanced vehicle management systems to which
universal design concepts have been applied, the Hi-mobility ASV offers outstanding levels of operational ease and
maneuverability that are independent of the driver’s physical characteristics or driving skills. Component systems
include: Universal Design Cockpit, which employs drive-by-wire (mechanical linkages are replaced by electronic
systems) technology to enable vehicle operation and car dynamics to be controlled at will; and, Integrated Vehicle
Dynamics Management System, which enables drivers of all abilities to extract the full dynamic performance po-
tential of their vehicle.
ª Smart Cruise 21 ASV: This special model has been developed for the “Smart Cruise 21” proving program
being run jointly by the Japanese Transport and Construction ministries. Using information acquired from the com-
munications infrastructure, on-board systems assist the driver in crash avoidance and in keeping to his lane. Smart
Cruise 21 ASV is equipped for communications with the road infrastructure, and with a lane marker sensor that de-
tects magnetic markers installed in the road surface. It is fitted with a Head-up Display and other means of deliver-
ing information to the driver, as well as steering and braking actuators that assist the driver in the operation of his
vehicle.
Ì 4M41 3.2-liter DI diesel engine
Derived from Mitsubishi’s current 4M40 2.8-liter indirect
injection diesel, the new 4M41 3.2-liter direct injection
(DI) diesel engine features a larger displacement, together
with a fuel injection system that injects fuel directly into a
combustion bowl on the top of the piston. The conversion to
direct injection reduces the heat losses normal in an indirect
injection diesel where fuel is ignited in a combustion cham-
ber in the cylinder head. This, together with the improved
breathing efficiency stemming from the new 4-valve
DOHC configuration, realizes a 25% improvement in mile-
age in the Japanese 10-15 mode urban driving pattern, and a
25% increase in power output over the non-DI engine.
These innovations enable the 4M41 in-line 3.2-liter DI die-
sel engine to meet the requirements of Japan’s Long-term
Emissions and Year 2005 Diesel Vehicle Fuel Consumption
regulations. This engine powers some models in the new
Pajero series.
PROUDIA DIAMANTE
Sedan Sedan
MINICA ASPIRE
Mini hatchback Sedan
n Recreation Vehicles
GRANDIS CHALLENGER
Minivan SUV
DION
Minivan
GALANT VR-4
LEGNUM VR-4
SUPER GREAT
SUPER GREAT DUMP TRUCK
FIGHTER FIGHTER NX
FIGHTER MIGNON
n FUSO buses
ECLIPSE FREECA
[USA] [Taiwan]
Sports coupe SUV
KUDA L200
[Indonesia] [Worldwide]
SUV Pickup truck
L200 L200
[Europe] [Brazil]
Pickup truck Pickup truck
Chariot Ÿ French for the battle chariot used in ancient Greece and the Roman empire.
Ÿ From the Spanish word; reflecting the company’s Three-Diamond logo, gives expression to “brilliant” and
Diamante
sparkling expectations.
Dignity Ÿ From the English word; reflecting the peerless grandeur and majestic stateliness of this limousine model.
Dion Ÿ Derived from Dionysus, the Greek god of wine and joy
FTO Ÿ Fresh Touring Origination: a touring model overflowing with freshness, youthfulness, originality.
Fuso Ÿ Word used to refer to Japan in ancient Chinese texts: “the place where the sun rises in the Eastern Sea”.
Legnum Ÿ From the Latin regnum or “kingdom”, reflecting regal power and rank.
Libero Ÿ From the Italian word: expresses the versatile qualities of the model.
Toppo Ÿ Coined from English “top” (roof) and Japanese “noppo” (lanky).
BJ Ÿ Big Joy.
Ÿ Derived from Bingo, with its “strike lucky” connotation; the B being replaced by the D in the Mitsubishi
Dingo
“Diamond” logo.
Pajero Ÿ Named after a mountain cat that inhabits the Patagonia plateau region in southern Argentina.
iO Ÿ Italian for I, me. Generates image of being easy to get to know, easy to drive; one’s very own Pajero.
Ÿ Coined from the English “proud” and the Mitsubishi “diamond” logo. Fitting epithet for MMC’s ultimate
Proudia
luxury sedan.
Ÿ Ideal for transporting large items of leisure and sports equipment to the beach, camp sites, ski slopes and
Sports Gear
other destinations.
Space Gear Ÿ Reflects the generous “space” available for transporting large quantities of leisure and sports “gear”.
6. Model naming in global mar
kets
Global markets
Japan market name
U.S.A. (MMSA) Europe Australia Taiwan Puerto Rico Indonesia Others
Nativa
Challenger Montero Sport Pajero Sport Challenger Challenger Nativa —
Montero Sport
Star Wagon(W)
Colt Solar(D)
Delica — L300 L300 Express(V) Delica — L300
Lancer
Lancer — Lancer Lancer — Lancer Lancer
Virage
Colt
Mirage
Mirage 3 Door Mirage Coupe Colt Mirage Coupe — Lancer Coupe
Lancer —
Pajero Pajero
Pajero Montero (Shogun in UK) Pajero Pajero Montero Pajero or
(Montero in Spain) Montero
Pajero iO
Pajero iO — Pajero Pinin Pajero iO — — —
Montero iO
L200
Strada — L200 L200 Triton — — —
(Colt in S. Africa)
Dingo, Dion and Minica are exported in limited numbers to: Hong Kong and Singapore (Dingo); Hong Kong, Singapore and Caribbean markets (Minica Towny)
VI International Operations
1. Production facilities outside Japan
Facility name Location Established Capitalization Equity Volume Sales amount Employees Business lines
Mitsubishi Motor Manufacturing of Amer- 100 North Mitsubishi Motorway October 1985 USD 23.42 m MMC . . . . . . 97.12% 189,000 (1997) USD 2,890.4 m (1997) 3,100 Manufacture of automobiles
ica, Inc. (MMMA) Normal, Illinois 61761 U.S.A. MC and others . 2.88% 157,364 (1998) 2,433.8 m (1998) (41) Mitsubishi Eclipse, Galant, Dodge Stratus,Chrysler Sebring
162,199 (1999) 2,480.7 m (1999) 240,000 units/year
Mitsubishi Trucks Europe-Sociedade Apartado 7, 2200 Tramagal, March 1996 PTE 1,500 m MME . . . . . . . 99.00% 7,130 (1997) PTE 20,550 m (1997) 410 Manufacture of automobiles
Europeia de Automoveis, S.A. (MTE) Portugal Local . . . . . . . . 1.00% 9,210 (1998) 27,980 m (1998) (15) Canter
11,405 (1999) 32,460 m (1999) 12,000 units/year
Netherlands Car B.V. Dr. Hub van Doorneweg 1, December 1991 NLG 551 m Mitsubishi gp . 50.00% 197,200 (1997) NLG 5,127.8 m (1997) 5,588 Manufacture of automobiles
(NedCar) 6121 RD Born, Volvo Car Corp. 242,500 (1998) 6,505.3 m (1998) (29) Mitsubishi Carisma, Space Star, Volvo S40 and V40
The Netherlands . . . . . . . . . . . 50.00% 262,400 (1999) 7,132.2 m (1999)
Mitsubishi Motors Philippines Corp. Ortigas Avenue Extention, Cainta, Rizal, February 1987 PHP 1,640 m MMC . . . . . . 51.00% 29,600 (1997) PHP 10,693 m (1997) 1,346 Importing, assembly, marketing of automobiles
(MMPC) Philippines Nissho Iwai . . 49.00% 15,257 (1998) 8,373 m (1998) (10) Galant, Lancer, Strada, Delica, Adventure, Pajero; Canter and Fuso trucks; buses
15,502 (1999) 9,500 m (1999) 62,500 units/year
Asian Transmission Corp. Silangang Canlubang, Industrial Park, January 1973 PHP 350 m MMC . . . . . . . 5.30% 233,300 (1997) PHP 3,051 m (1997) 487 Manufacture of transmissions
(ATC) Calamba Laguna Philippines Nissho Iwai . . . 5.30% 213,171 (1998) 2,754 m (1998) (5) Assembly of engines, transmissions and axles
Local . . . . . . . 89.40% 298,386 (1999) 3,200 m (1999)
Perusahaan Otomobil Nasional Bhd. HICOM Industrial Estate, Batu 3 May 1983 MYD 543 m MMC . . . . . . . 8.00% 213,000 (1997) MYD 6,053 m (1997) 5,662 Manufacture of automobiles, assembly of engines, processing of engine components
(Proton) P.O. Box 7100, 40198 Shah Alam MC . . . . . . . . . 8.00% 92,000 (1998) 3,039 m (1998) (17) Saga Isawara, Wira, Satria, Putra
Selangor Darul Ehsan Local . . . . . . . 84.00% 170,702 (1999) Perdana (assembly)
Malaysia 230,000 units/year
MMC Sittipol Co., Ltd. 69-69/1-3 MU11 January 1987 THB 834 m MMC . . . . . . 46.23% 78,400 (1997) THB 30,200 m (1997) 2,760 Manufacture, importing, marketing of automobiles
(MSC) Phaholyothin Road, Tambol Klongneung MHTC . . . . . . 52.04% 65,341 (1998) 32,000 m (1998) (31) Lancer, Strada
Ampur Klongluang, Phathumthanee Local . . . . . . . . 1.73% 77,857 (1999) 39,000 m (1999) Canter, Fuso truck (assembly)
12120
Thailand
P.T. Mitsubishi Krama Yudha Petukangan 3, JI. Raya Bekasi August 1973 IDR 11,451 m MMC . . . . . . . 32.30% 73,100 (1997) INR 674,600 m (1997) 853 Manufacture of stamped parts, engines
Motors & Manufacturing KM-21 Pulogadung, Jakarta Timur MC . . . . . . . . 32.30% 7,700 (1998) 184,400 m (1998) (9)
(MKM) P.O. Box 3348/JKT 10033 & 1389/JKT Local . . . . . . . 35.40% 23,200 (1999) 572,300 m (1999)
13013 Jakarta, Indonesia
Mitsubishi Motors Australia, Ltd. 1284 South Road, Clovelly Park October 1951 AUD 107 m MMC . . . . . . 60.00% 58,900 (1997) AUD 2,475 m (1997) 4,055 Manufacture, importing, marketing of automobiles
(MMAL) South Australia 5042 Australia (May 1979) MC . . . . . . . . 40.00% 47,296 (1998) 2,438 m (1998) (13) Magna, Magna Wagon, Verada, Verada Wagon
(Box 1851, G, P, O. Adelaide, S.A. 5001) 34,883 (1999) 2,203 m (1999) 70,000 units/year
Hyundai Motor Co. 140-2 kye-Dong, December 1967 KRW 1,373,350m MMC . . . . . . . 1.80% 1,242,100 (1997) KRW 11,662.0 b (1997) 50,984 Manufacturing, marketing of automobiles
(HMC) Chongro-ku (April 1982) MC . . . . . . . . 2.99% 812,078 (1998) 8,698.0 b (1998) 1,500,000 units/year
Seoul, 110-793 Korea Local . . . . . . . 92.51% 1,307,031 (1999) 14,244.5 b (1999)
China Motor Corp. Yang Mei Factory June 1969 TWD 10,755 m MMC . . . . . . 14.61% 97,300 (1997) TWD 46.7 b (1997) 2,700 Manufacturing of automobiles
(CMC) 49 Shio Tsai Rd. (June 1986) MC . . . . . . . . . 5.01% 111,164 (1998) 52.9 b (1998) (4) Delica, Varica, Minicab, Space Gear, Freeca, Galant, Lancer, Canter, Fuso truck
Yang Mei Local . . . . . . . 80.38% 119,809 (1999) 48.9 b (1999) 120,000 units/year
Taoyuan, TAIWAN
Hindustan Motors Ltd. 6-B, G.S.T. Road, 1942 INR 1,078 m — 26,684 (1997) INR 12,987 m (1997) 14,950 Manufacture of automobiles
(HML) Chennai-600016, 20,032 (1998) 14,921 m (1998) (0) Lancer (from August 1998)
India 24,000 units/year
Vina Star Motors Corp. An Binh Village, Thuan An District, April 1994 VND 16 m MMC . . . . . . . 25.00% 659 (1997) VND 20 m (1997) 192 Manufacture and marketing of automobiles
(VSM) Binh-Duong Province, Vietnam MC . . . . . . . . 25.00% 684 (1998) 20 m (1998) (6) Delica Minibus, Canter, Pajero , Jolly, Wira
(243 Truong Son Road, Thu Duc Proton . . . . . . 25.00% 560 (1999) 18 m (1999) 2,500 units/year
Dist,HCM City) Local . . . . . . . 25.00%
Hunan Changfeng Motor Co., Ltd Leng Shuitan, Yong Zhou, Hunan November 1996 RMB 223 m MMC . . . . . . . 21.30% 2,029 (1997) RMB 423 m (1997) 1,300 Manurfacture of automobiles
(CFA) China Local . . . . . . . 78.70% 1,300 (1998) 259 m (1998) (6) Liebao (Pajero)
3,961 (1999) 844 m (1999)
Mitsubishi Motor Sales of America, 6400 West Katella Avenue December 1981 USD 73 m MMC . . . . . . . 97.2% USD 4,626 m (1997) 785 Importing, marketing of automobiles and related business (Diamante, GTO, Galant, Eclipse, Mirage, Pajero,
Inc. Cypress CA 90630-0064 MC . . . . . . . . . 2.0% 4,678 m (1998) (12) Challenger)
(MMSA) U.S.A. MIC . . . . . . . . . 0.8% 5,590 m (1999)
Mitsubishi Fuso Truck of America, Inc. 100 Center Square Road April 1985 USD 10 m MMC . . . . . . 100.0% USD 166.0 m (1997) 119 Importing, marketing of automobiles
(MFTA) Bridgeport, New Jersey 08014 U.S.A. 184.7 m (1998) (9) (Canter, Fuso trucks)
203.6 m (1999)
Mitsubishi Motors America Inc. 6400 West Katella Avenue October 1973 USD 5.7 m MMC . . . . . . 100.0% USD 72.4 m (1997) 23 Information gathering
(MMA) Cypress CA 90630-0064 54.3 m (1998) (14)
U.S.A. 51.4 m (1999)
Mitsubishi Motors R&D of America, Inc. 100N. Mitsubishi Motorway February 1996 USD 2 m MMA . . . . . . 100.0% USD 24.9 m (1997) 110 Product development, design, testing, certification
(MRDA) Normal, IL 61761 U.S.A. 26.1 m (1998) (47)
25.2 m (1999)
Mitsubishi Motors Credit of America, Inc. 6363 Katella Avenue, Cypress, April 1991 USD 260 m MMSA . . . . . 100.0% USD 754.5 m (1997) 266 Auto financing
(MMCA) CA 90630-5205 U.S.A. 717.9 m (1998) (2)
747.4 m (1999)
Mitsubishi Motor Sales of Caribbean, Inc. Carr.2, Km20.1 April 1982 USD 13.5 m MMC . . . . . . 100.0% USD 534.1 m (1997) 105 Importing, marketing of automobiles
(MMSC) Barrio, Candelaria Toa Baja, 546.5 m (1998) (4) (Diamante, Galant, Eclipse, Mirage, Pajero, Challenger, Strada)
Puerto Rico 00759 514.1 m (1999)
Mitsubishi Motors Europe B.V. Douglassingel 1 January 1977 NLG 67 m MMC . . . . . . 100.0% NGL 111.7 m (1997) 10 Supervising European affiliates
(MME) 1119MB Schipol-Rijk 61.2 m (1998) (9) Supporting NedCar operations
THE NETHERLANDS 2.4 m (1999)
Mitsubishi Motor Sales Europe B.V. Douglassingel 1 April 1993 NLG 3.5 m MME . . . . . . . 82.0% NGL 3,155.8 m (1997) 295 Marketing, sales and servicing of vehicles and parts
(MMSE) 1119MB Schipol-Rijk MCAE . . . . . . 18.0% 5,113 m (1998) (33)
THE NETHERLANDS 8,636.7 m (1999)
Mitsubishi Motor Marketing Research Eu- Schieterstein 11A April 1993 DEM 1 m MME . . . . . . 100.0% DEM 9.8 m (1997) 27 Supporting MMSE operations
rope GmbH 65439 Florsheim 9.0 m (1998) (6) Marketing research
(MMRE) FEDERAL REPUBLIC OF GERMANY 10.0 m (1999) Information gathering
Mitsubishi Motor R&D of Europe GmbH Diamanststrasse 1 April 1993 DEM 1.5 m MME . . . . . . 100.0% DEM 30.4 m (1997) 63 R&D, design, testing, certification
(MRDE) 65468 Trebur 26.4 m (1998) (27)
FEDERAL REPUBLIC OF GERMANY 26.0 m (1999)
Mitsubishi Motor Sales Denmark AS Provestensvej 50 DK-3000 April 1990 DKK 66 m MME . . . . . . 100.0% DKK 572.0 m (1997) 59 Importing, marketing of automobiles
(MMSD) Helsingor, 586.3 m (1998) (1)
DENMARK 749.0 m (1999)
MMC Automoviles Espana SA. Mania Tubau, 7-Torre A, Planta 4a July 1992 ESP 200 m MME . . . . . . . 50.0% ESP 35,372 m (1997) 108 Importing, marketing of automobiles
(MMCE) Ctra Fuencarral-Alcobendas, km 12220 MCAE . . . . . . 25.0% 45,455 m (1998) (1)
28050 Madrid, SPAIN Local . . . . . . . 25.0% 85,214 m (1999)
Mitsubishi Motor Parts Sales of Gulf Fze Jebel Ali Free Zone, Plot No. BO37R03 August 1995 UAD 10m MMC . . . . . . 100.0% UAD 4,156 m (1997) 52 Sales of spare parts
(MMGF) P.O. Box 17185 (Started operations 177.0 m (1998) (3)
Dubai, U.A.E. in Jan. 1997) JPY 6,844.3 m (1999)
Mitsubishi Motors New Zealand Ltd. Todd Park, Heriot Drive May 1987 NZD 38.2 m MMC . . . . . 100.0% NZD 324.9 m (1997) 65 Importing, marketing of automobiles
(MMNZ) Porirua, (MHNZ) 291.0 m (1998) (2) (Lancer, Galant, Chariot, Delica, Pajero; Canter and Fuso trucks)
New Zealand 324.0 m (1999)
m Sales volume
Model 1991 1992 1993 1994 1995 1996 1997 1998 1999
Mitsubishi Galant — — 18,351 65,656 48,478 65,692 42,588 44,202 74,782
Mitsubishi Eclipse 49,278 53,712 57,083 51,826 52,555 53,807 48,503 45,619 53,123
Eclipse Spyder — — — — — 9,309 10,066 12,336 8,751
Mitsubishi Mirage 20,218 11,233 434 7 — — — — —
Dodge Avenger — — — 4,846 34,521 35,752 31,943 24,084 17,658
Chrysler Sebring — — — — 24,547 31,761 35,365 33,584 25,581
Eagle Talon 29,853 29,813 27,331 27,250 20,789 13,799 10,206 2,957 —
Plymouth Laser 28,201 24,463 15,992 4,566 197 — — — —
Eagle Summit 8,280 6,826 1,004 — — — — — —
Total 135,830 126,047 120,195 154,151 181,087 210,120 178,671 162,782 179,895
m Local content
Ÿ MMMA imports engines and transmissions from Japan, but the majority of other components are sourced locally. Local
content is currently around 70%.
p Netherlands Car B.V. (NedCar)
m Head office Dr. Hub van Doorneweg 1, 6121 RD Born, The Netherlands
P.O. Box 150, 6130 AD Sittard, The Netherlands
m Corporate history
1991 August: Mitsubishi Motors, Volvo Car Corporation of Sweden and the Dutch government sign agreement
relating to establishing a passenger car production joint venture in the Netherlands.
1991 November: Mitsubishi Motors and Volvo each acquire 33.3% of Volvo Car B.V. stock from the Dutch govern-
ment.
1991 December: NedCar joint venture incorporated.
1998 December: Under the terms of the NedCar Stockholder Agreement, the Dutch government decided to sell its
NedCar holding to MMC and VCC.
2000 March: MMC announces it will exercise its option to buy out VCC holding in NedCar.
m Corporate profile
Supervisory board: Chairman, T. Ohinouye (advisor, MMC ) with two members each from MMC and VCC
President: Chris Dewulf
Exec. vice president Kuniaki Taira
Capitalization: NLG 550,950,000
Shareholders: Mitsubishi companies. . . . . . . . . . . . . . 50%
MMC . . . . . . . . . . . . 35%
MIE . . . . . . . . . . . . . 15%
Volvo Car Corporation. . . . . . . . . . . . . . 50%
Employees: 5,588
m Production facilities
Site area: 910,000sq. m.
Floor area: 330,000 sq. m.
Capacity: 280,000 units/year
Features: NedCar employs the Mitsubishi Motors production system, tailored to local conditions, and en-
courages a constructive input of ideas on improvement from both Dutch and Japanese manage-
ment. Principal features include: Two state-of-the-art transfer presses in the stamping shop;
Flexible manufacturing system assembly line in the welding shop; Use of water-based paints in
the paint shop; An automated final assembly line.
m European production base
Mitsubishi Motors chose the Netherlands as its European production hub because: It offers an excellent labor environ-
ment, well-developed financial markets, good access to automobile markets in Europe, the ready availability of competi-
tive parts and components, excellent transport facilities, and the fact that English is widely understood; and, Mitsubishi
Motors and Volvo share a similar philosophy regarding quality and automobile building, and Volvo already had a factory in
the Netherlands.
m Models in production
Ÿ Mitsubishi Carisma 5-door hatchback and 4-door sedan, developed for the European market. Powered by 1.8-li-
ter GDI and 1.6-liter gasoline, and 1.9-liter diesel engines, mated to either INVECS-II 4-speed
automatic or 5-speed manual transmissions.
Ÿ Mitsubishi Spacestar High space-utility in compact dimensions. Powered by Mitsubishi 1.8-liter GDI or 1.3-liter
gasoline and 1.9-liter diesel (Renault) engines, mated to either INVECS -II 4-speed automatic
or 5-speed manual transmission.
Ÿ Volvo S40, V40 4-door sedan and hatchback models for Volvo Car Corporation.
Mitsubishi and Volvo brand models are produced on the same assembly line using a common platform developed by
Mitsubishi Motors. The two brands are given their individual identities principally by means of styling. Commonality
of parts is practiced as far as possible to maximize production and cost efficiencies.
m Production volume
Model 1994 1995 1996 1997 1998 1999
Mitsubishi Carisma — 19,100 44,401 82,255 78,239 54,460
Mitsubishi Space Star — — — — 13,645 58,871
Volvo S40, V40 — 2,071 70,688 114,970 150,920 149,074
JV model sub-total — 21,171 115,089 197,225 242,804 262,405
V400 92,059 99,037 30,001 — — —
Total 92,059 120,208 145,090 197,225 242,804 262,405
m Local content
Ÿ Approximately 70%. In achieving this high local content, NedCar uses parts and components sourced from some 260
suppliers throughout Europe (80 in Germany, 50 in the Netherlands, 30 in France among others), including 1900cc
diesel engines and 5-speed manual transmissions made by Renault.
p Mitsubishi Trucks Europe(MTE)
m Head office Apartado 7, 2200 Tramagal, Portugal (150km north-east of Lisbon)
m Corporate history
1972: Start of Canter and Fuso truck assembly and sales operations in Portugal.
1991: Tramagauto assembly and manufacturing company established (100% owned by sales company,
Mitsubishi Motors de Portugal).
1995: Mitsubishi Motors Europe buys 96.5% of Tramagauto shares. Canter assembly and manufactur-
ing operations consolidated at Tramagauto, which becomes the supply center for Europe.
1996: Company renamed Mitsubishi Trucks Europe (MTE).
m Corporate Profile
Capitalization: PTE 1.5 billion
Shareholders: Mitsubishi Motors Europe B.V. . . . . . . . 99%
J. Rosa (Executive Vice President) . . . . . . 1%
Employees: 410
m Production facilities
Site area: 110,000 sq.m.
Floor area: 24,000 sq.m.
m Models produced
Ÿ Canter light-duty truck (3.5 – 7.5 ton gvw)
m Production volume
m Local content
Ÿ 50% for Canter
m Sales channels
Edaran Otomobil Nasional Bhd. (EON) Usahasama Proton-DRB Sdn. Bhd. (USPD)
m Production overview
Ÿ Concern that the introduction of a new consumption tax in July 2000 would discourage consumer purchases from the
middle of 1999 prompted car companies to launch aggressive sales campaigns. While failing to achieve the 808,000
unit record set in 1998, the campaigns did help the industry post total sales of 787,000 units, the second best year in
Australian history.
Ÿ According to plan, MMAL switched over to imports of fully built-up Lancer, Mirage and Pajero models. The introduc-
tion of the Pajero special specification model into the lineup saw Pajero sales grow 20% over the previous year. How-
ever, impacted by sluggish sales of the built-in-Australia Magna and Verada models , MMAL posted overall volume of
69,900 units for 1999.
m Sales of Magna and Verada models
Sedan 12,438 13,002 7,611 19,295 4,826 29,899 2,392 26,906 184 23,606
Wagon 4,181 3,594 2,598 2,883 1,090 5,193 707 5,839 123 4,326
Total 16,619 16,596 10,209 22,178 5,916 35,092 3,099 32,745 307 27,932
Share 25.8% 8.5% 19.7% 11.1% 12.0% 17.6% 6.0% 15.1% 0.7% 13.4%
m Exports
Ÿ Mitsubishi Motors ‚ used to ship the Diamante (Magna /Verada in Australia) model to most of its global markets from Ja-
pan. Today, the company produces this model at its Australian subsidiary MMAL, and ships to the United States and other
world markets, with the exception of Japan.
m Local content
Ÿ 75 – 80%
m Exports
Ÿ In June 1987, MSC and Chrysler of Canada entered a contract under which MSC began shipments of the Lancer
sub-compact passenger car to Canada in January 1988. These ceased in 1994. MSC also started exports of 1-ton pickup
trucks to Europe in 1992. Starting with the new model announced in November 1995, Mitsubishi pickup truck produc-
tion for global markets has been concentrated at MSC. The Thai subsidiary began exporting pickup trucks to Europe and
Australia in July 1996, and today supplies all world export markets, North America excluded.
D DaimlerChrysler
2000 March: MMC and DaimlerChrysler sign memorandum agreeing to form equity and operational alliance re-
lating to passenger car operations. Main features include:
Ÿ Alliance to cover the design, development, production and distribution of passenger cars and
light commercial vehicles;
DaimlerChrysler to acquire a 34% equity stake in MMC through purchase of new shares.
July: MMC and DaimlerChrysler sign formal alliance agreement.
D Daimler Benz
1987 September: Mitsubishi Motors and Daimler Benz reach agreement over the following three areas:
Ÿ Mitsubishi Motors to sell Mercedes Benz passenger cars, commercial vehicles and certain bus
models through its nationwide sales network in Japan;
Ÿ Two companies to embark on feasibility study regarding the production of Mitsubishi Motors
commercial vehicles at Mercedes Benz production facilities in Europe;
Ÿ Two companies to consider the joint development of small commerical vehicles.
1989 January: Stern Chuo, first dealership handling MB passenger cars, opens for business in Tokyo.
April: Stuttgart Truck Bus Sales (STB) joint-venture sales company established by two companies.
1991 July: Fuso dealerships in Japan start selling MB commercial vehicles.
1993 November: Two companies reach agreement on venture to assemble and sell Mitsubishi 1-ton pickup truck in
South Africa.
1994 April: Arrangement changed to allow Mitsubishi Motors to import, and to market, MB commercial vehi-
cles directly from MBAG, in addition to STB.
November: Production of Colt 1-ton pickup truck starts at Mercedes Benz South Africa.
December: Colt 1-ton pickup goes on sale at Mercedes Benz South Africa dealerships.
1996 September: Mitsubishi Motors ceases sales of MB commercial vehicles in Japan. (Fuso takes over servicing
and parts supply for MB commercial vehicles sold before September 1996).
D Chrysler Corporation
1969 May: Mitsubishi Heavy Industries and Chrysler Corporation sign memorandum relating to an automo-
bile joint venture.
1970 October: MMC and Chrysler sign United States Distribution Agreement.
1971 September: Chrysler completes first-stage capital payment of 15%.
1982 August: International Distribution Agreement with Chrysler comes to end.
1982 October: Mitsubishi Motor Sales of America, Inc. (MMSA) starts sales of STARION, CORDIA, TREDIA,
1-ton pickup truck and Montero.
1984 December: MMC signs agreement with Chrysler to supply V6 gasoline engines.
1985 October: MMC and Chrysler reach agreement on construction of passenger car factory in Bloomington Nor-
mal, Illinois and sign joint venture agreement establishing Diamond Star Motors Corporation (cur-
rently Mitsubishi Motor Manufacturing of America, MMMA).
1991 October: Mitsubishi group companies purchase all DSM shares held by Chrysler.
1993 July: Chrysler sells all remaining MMC shares.
1998 January: MMMA agrees with Chrysler to supply Chrysler with MMMA-built cars up to 2005 model year.
1971 September 35,177,000 3,517,700 527,700 15.0 Chrysler invests through allocation to 3rd party
1985 June 35,177,000 703,540,000 140,708,000 20.0 MHI transfers 5% to Chrysler subsidiaries
1989 September 65,077,450 773,894,000 93,850,000 12.13 Chrysler & subsidiaries sell off 75m shares
1989 December 109,477,450 853,894,000 93,850,000 10.99 80m shares offered.Issue price ¥1,110 conversion value ¥555
1992 March – 1993 June 109,477,450 853,894,000 50,250,000 – 23,250,000 5.88 – 2.72 Chrysler sells shares
1993 July 109,477,450 853,894,000 — — Chrysler sells 23.25m shares on Japanese stock exchanges
Dn Volvo
Passenger car operations
1991 May: The Dutch government, Mitsubishi Motors, Volvo Car Corporation of Sweden, Volvo Car B.V. sign
a letter of intent regarding a joint venture, under which :
Ÿ VCC and MMC to produce a new passenger car model at a new joint venture in the Netherlands;
Ÿ The Dutch government to sell a portion of its shares in VCBV to MMC and to VCC, so that each
party holds one third of the equity of the new joint venture;
Ÿ The new company to continue production of the Volvo passenger model currently produced at
the factory, and to install a new assembly line for the production of a new model for Volvo and
MMC. (Annual capacity of 200,000 units to be shared equally between the two brands.)
1991 August: Four parties sign official agreement, under which:
Ÿ New joint venture to be composed of a holding company, and a production and R&D company;
Ÿ New company to be called Netherlands Car B.V. (NedCar)
1991 December: NedCar incorporated. (See page 21)
1997 April: MMC and VCC reach agreement over MMC supplying VCC with the Mitsubishi GDI engine and
manual transmission for the S40 and V40 Volvo passenger models produced at NedCar.
1998 December: Dutch government sells its NedCar holding to MMC and VCC
2000 March: MMC announces that it will exercise its option to buy out VCC holding in NedCar.
n Commercial vehicle operations
1997 October: MMC and Volvo Truck Corporation reach agreement on three areas of cooperation:
Ÿ Light trucks: The Mitsubishi Canter light-duty truck (3.5 – 7.5 ton gvw), produced at
Mitsubishi Trucks Europe in Portugal, to be sold bearing the Mitsubishi badge in Britain,
France and Italy through the VTC sales network;
Ÿ Medium trucks: The two companies to embark on a feasibility study into the development and
production of a medium-duty truck (7.5 – 18.0 ton gvw) for supply to both Mitsubishi Motors
and VTC;
Ÿ Heavy trucks: The two companies to look at the possibility of using transmissions, rear axles
and other VTC heavy-duty truck components in MMC trucks.
1999 October: MMC and AB Volvo exchange memorandum recording agreement on an equity and operational al-
liance in which:
Ÿ AB Volvo will acquire new shares to be issued by MMC and giving Volvo a five percent holding
in MMC;
Ÿ MMC will set up a new company to which it will transfer its truck and bus development, pro-
duction and sales operations, and in which AB Volvo will hold a 19.9% stake;
Ÿ MMC will purchase, from time to time, a maximum of five percent of outstanding AB Volvo
shares from the market;
Ÿ The two companies will dispatch officers to the new company to be spun off by MMC and to AB
Volvo’s truck and bus subsidiary;
Ÿ MMC and AB Volvo will collaborate in a broad range of activities relating to commercial vehi-
cles, and including development, production and sales.
1999 December: MMC and AB Volvo sign formal equity and operational alliance agreement.
2000 July: MMC sign Master Alliance Agreement on establishment of new Mitsubishi FUSO Truck & Bus
Company
31
D PSA Peugeot Citroën
1999 January: MMC and Peugeot sign agreement relating to supply of GDI engine technology.
D China
1996 August: MMC, Mitsubishi Corporation and Malaysia China Investment Corporation (MCIC) Holdings Sdn.
Bhd. sign agreement with Aviation Industries of China and China Aerospace Automotive Industry
Group Corporation to establish joint venture enterprises for the development, production and sales
of automotive engines. The agreement was signed in the presence of Chinese premiere Li Peng and
Malaysian prime minister Dr Mahathir bin Mohamad in Beijing on 26 August.
n Joint ventures established under Chinese government approvals
Harbin Dong-An Mitsubishi Motors Engine Shenyang Aerospace Mitsubishi Motors Engine
Manufacturing Ltd. Co. Manufacturing Ltd.. Co.
Ÿ In Japan, Mitsubishi Motors also provides comprehensive and active support in building up sales networks and sup-
plying sales know-how for imported vehicles made by Mercedes Benz and the company’s other alliance partners out-
side Japan.
(5) Expansion of procurement from outside Japan
Ÿ In its procurement activities, both within and outside Japan, the company has clarified its policy of giving suppliers
from all parts of the world equal opportunity. To promote this, the company has set up contact points in its purchasing
departments to which proposals or applications to participate in Design-In may be addressed.
Ÿ In order to recruit more suppliers, the company regularly invites product presentations and is also sending out more
fact-finding missions.
Ÿ The company has established a fair and competitive procurement environment, in which: the procedure for the selec-
tion of new suppliers is laid down; suppliers from both within and outside Japan are nominated as candidates in the
case of major components, this giving suppliers from outside Japan more opportunity to take part; and, which allows a
comprehensive assessment of quality, price, stability of supply and other factors.
Ÿ To promote local procurement, the company has boosted the number of personnel stationed in the purchasing depart-
ments at its factories outside Japan, and sends out expert staff to assist and support local staff. Investigating on a regu-
lar basis the feasibility of using locally procured parts at its production facilities in Japan, the company is also working
to increase its imports of parts and components.
Ÿ In the area of replacement parts and vehicle accessories, the company is boosting the procurement capabilities of its
sales companies in the U.S, Europe and Australia, thereby expanding procurement of these items from local markets.
It is also actively promoting imports of replacement parts and accessories into Japan.
(6) Development-related procurement and support
Ÿ In helping to expand procurement from outside Japan, the company goes further than inviting overseas suppliers to
participate in Design-In activities in Japan. It has also set up a number of R&D companies outside Japan, including
MRDA in the U.S., MRDE in Germany, and the R&D Department at NedCar in Holland, in order to promote develop-
ment of new components overseas.
(7) Replacement parts and accessories
Ÿ The company has informed its dealers and service and repair companies that they are free to use parts other than origi-
nal Mitsubishi parts.
VIII Safety
1. MMC and automotive safety
Mitsubishi Motors has, over the years, worked to achieve and maintain top-rated levels of vehicular safety performance in
the industry to enable drivers of all abilities to enjoy the high performance of their vehicles safely and comfortably.
Mitsubishi vehicles incorporate a comprehensive array of advanced Active Safety systems that support the driver in un-
expected situations or where the vehicle becomes difficult to control. These include: 4-wheel anti-lock braking, Fuzzy-shift
5-speed automatic transmission and Fuzzy Traction Control. Each system achieves dramatic improvements in vehicular
performance, and under the central management of the INVECS-III intelligent control and the Active Stability Control
management systems they combine to elevate driving fun and safety to new heights.
Mitsubishi vehicles also incorporate the latest in Passive Safety technology to mitigate and minimize damage and injury
in the event of an accident. These include RISE crash energy-absorbing safety bodies, air bags, impact bars in the doors, and
seatbelt pre-tensioners.
2. Safety-enhancing elements
The following table indicates Mitsubishi Motors’ approach to improving vehicular safety. The company’s R&D efforts in
this field focus on the incorporation of individual safety elements in a well-balanced manner. MMC has also been an active
participant in the Japanese Ministry of Transport’s Advanced Safety Vehicle (ASV) project, the aim of which is to realize
substantial improvements in safety by making vehicles smarter. The company will enter its latest ASV-2 models in the
Smart Cruise 21 DEMO 2000 public testing session to be held towards the end of the year under the auspices of the Japanese
Transport and Construction ministries.
n Passive safety
Ÿ Belt-up warning device Ÿ Front seatbelt pre-tensioner
Ÿ Impact bars in doors Ÿ SRS airbags
Ÿ Enhanced impact-safety body (RISE) Ÿ Flame-retarding interior materials
Ÿ Energy-absorbing steering column
Ÿ Vehicle distance control (PDC) Ÿ Driver attention monitoring system with fragrance
emission (MDAS-II)
Ÿ Lane departure warning Ÿ Multi-display and voice warning system (VOIS)
Ÿ Active yaw control system (AYC) Ÿ Auto cruise control with vehicle distance control
Ÿ Active stability control system (ASC) Ÿ Left-turn audible warning system (dump trucks)
Ÿ Brake assist
n Passive safety
Ÿ 3-point anchor rear seatbelts Ÿ Side guard bars
Action
Issues Measures adopted
targets
Product Committee
Nagoya Sub-committee
Environmental Council
Chairman: MMC president Production Committee Kyoto Sub-committee
Product Sub-committee
Recyling Sub-committee
5. Environmental measures adopted to date
Protection of ozone layer
m Recovery / recycling of fluron gas Ÿ 1991: Start distribution of fluron gas recovery equipment to passenger car,
truck and bus dealerships .
m Air conditioners Ÿ 1992: Begin installation of air conditioners using fluron substitute, starting with
revised GTO. Ceased use of designated CFC’s during 1993 fiscal year.
Ÿ 1995: Ceased use of 1.1.1-trichloroethylene.
Ÿ 1998: Jointly develop with industries involved, and start nationwide introduction
of system for recovering and destroying CFC’s
Low-pollution vehicles
m Electric vehicles Ÿ 1993: Develop Libero EV with Tokyo Electric Power Corp. and deliver to TEPCO
and other companies.
Ÿ Have supplied power companies and local authorities with some 160 EV
minicars and public service buses
Ÿ 1994: Launch Libero EV on Japanese market.
m Fuel cell electric vehicle (FCEV) Ÿ 1998: Announce joint development of fuel cell with MHI with view to produc-
tion in 2005.
m Natural gas vehicles Ÿ 1994: Develop natural gas-fueled Canter.
Ÿ Sales of CNG fueled light commercial minicars and compact cars, Canter
trucks and large public service buses around 1,100 units.
Ÿ Recognizing the promise CNG holds as an alternative fuel for the future as re-
coverable supplies increase and with its low CO2 emissions, are pushing ahead
with development of, and encouraging wide-spread use of, CNG engines
m Hybrid vehicles Ÿ 1993: Develop ESR advance research vehicle.
Ÿ 1994: Deliver 70 public service buses with regenerative braking to Public Trans-
port Corp.
Ÿ 1995: Supply CARB with hybrid production models using CNG as generator
engine fuel for 3-year period.
Ÿ 1995: Develop HEV model incorporating fruits of ESR research.
Ÿ 1995: Develop hybrid Canter model.
Ÿ Currently finalizing development of HEV model using GDI engine.
Ÿ Exhibit Canter HEV overhead work truck at Low Pollution Vehicle Fair.
Recycling
m Marking Ÿ 1991: Introduce code-marking of all plastic materials weighing over 100 grams
to facilitate recycling.
m Bumpers Ÿ All new models fitted with thermoplastic bumpers.
Ÿ Developed technology enabling simple removal of paint from bumpers when
recycling.
Ÿ 1997: Started recovery of bumpers replaced on vehicles involved in accidents
(Kanto, Chubu and Kansai regions)
Ÿ Recovered 61,600 scrapped bumpers in 1999FY
m Paint Ÿ Introduce powder-based paint for cylinder blocks (enabling recovery of paint
that fails to adhere to block).
6. Significant achievements in environmental protection
1966 Ÿ Start development of electric vehicle with Tokyo Electric Power Company
1969 Ÿ Start development of gas turbine-powered vehicle
1979 Ÿ Start development of methanol-powered vehicle
1980 Ÿ MCA-JET engine receives Technology Award from The Japan Society of Mechanical Engineers
1981 Ÿ Effluent recycling facility installed at Maruko Plant
Ÿ Oye Plant starts telemetering volume and COD of effluent discharged into Nagoya City system
1984 Ÿ 30-ton boiler converted to low-NOx specification (Kawasaki Plant)
1986 Ÿ Deodorization system installed in DISA line and casting shop at Mizushima Motor Vehicle Works
1987 Ÿ Shiga Plant receives Minister of Trade and Industry's Award for factory greenification
1989 Ÿ Diamond Star Motors (MMMA today) receives Environment Conservation Award from Industrial Development
Society of America
1990 Ÿ Pre-stroke control fuel pump receives The Japan Society of Mechanical EngineersTechnology Award
n R&D
Mitsubishi Automotive Engineering Co., Ltd. 450 100% Engineering design, drafting and testing
AVA Design Co., Ltd. 100 100% Design and development of automobiles and
accessories
n Parts manufacture
Mitsubishi Automotive Techno-Metal Co., Ltd. 1940 100% Manufacture and machining of cast and forged parts
Ryowa Sheet Metal Processing Co., Ltd. 150 100% Manufacture of sheet metal parts (doors, engine
hoods, etc.)
Namba Press Works Co., Ltd. 150 20% Manufacture of sheet metal
Suiryo Plastics Co., Ltd. 100 50% Manufacture of plastic interior trim
Ryowa Syatai-Kogyo Co., Ltd. 149 99% Manufacture of parts for large, small buses and
commercial vehicles; customized buses
Heian Manufacturing Co., Ltd. 60 33% Manufacture of oil pans and other sheet metal parts
Wako Industries Co., Ltd. 130 21% Manufacture and sales of filters and filtering
equipment
Fuso Tec Co., Ltd. 50 15% Conversion, repair of automotive and industrial
engines; manufacture, fitting of bodies
n Assembly
Mitsubishi Automotive Bus Manufacturing Co., Ltd. 6400 100% Fitting of bus bodies
Pabco Co., Ltd. 600 100% Fitting of cargo beds and van bodies
Pajero Manufacturing Co., Ltd. 610 66% Assembly of Pajero vehicles; manufacture of molds
and sheet metal parts
Mizushima Industries Co., Ltd. 64 44% Automobile assembly; manufacture of customized
vehicles; manufacture of auto parts
n Sales support
Mitsubishi Automotive Techno-Service Co., Ltd. 400 80% Servicing of new models; rebuilding of diesel engines
Mitsubishi Auto Credit-Lease Corporation 960 43% Auto sales financing; car rentals and leasing
Ryoji Yohin Sales Co., Ltd. 20 100% Sales of auto accessories and domestic electrical
appliances
Mitsubishi Motors Training Center Co., Ltd. 750 100% Vehicle mechanic school; training for service
mechanics in Japan and overseas
Paid-in MMC
Company name capital equity Business lines
(¥million)
n Transportation
Rakusaikamotujidousha Corporation 30 40% Transportation of engines, etc.
Fuso Transport Co., Ltd. 18 22% Transportation of built-up vehicles and auto parts
Mitsubishi Automotive Logistics Co., Ltd. 300 75% Transportation contractor for built-up vehicles in
Japan and overseas shipments
Ryokei Estec Co., Ltd. 138 100% Welfare facility management; real estate; civil
engineering and construction
Ryosui Estec Co., Ltd. 168 100% Welfare facility management; real estate; civil
engineering and construction; management of sports
facilities
Leadtech Co., Ltd. 40 100% Welfare facility management; real estate; civil
engineering and construction; security services; travel
agents
MMC International Corporation 40 100% Imports and sales of parts; import and sales of
general merchandise
MMC Insurance Service Co., Ltd. 10 100% Life and non-life insurance agents
MMC IT Solution Co., Ltd. 100 100% Computer system solutions; software design and
development; computer processing outsourcing
MMC System Service Co., Ltd. 50 85% Computer processing outsourcing; software design
and development
Mitsubishi Motors Football Club Co., Ltd. 90 90% Management and running of Urawa Reds soccer
team
Ryomei Catering Co., Ltd. 10 100% Factory and dormitory meal catering
Volume Share Volume Share Volume Share Volume Share Volume Share Volume Share Volume Share (%) Volume Share
(%) (%) (%) (%) (%) (%) (%)
MMC 1,395,875 11.2 1,362,447 12.1 1,306,185 12.4 1,327,553 13.0 1,200,007 11.6 1,239,582 11.3 1,081,130 10.8 1,013,895 10.2
TOYOTA 3,931,341 31.5 3,561,750 31.7 3,508,456 33.2 3,171,277 31.1 3,410,060 33.0 3,502,046 31.9 3,165,805 31.5 3,118,226 31.5
NISSAN 2,117,664 16.9 1,811,591 16.1 1,558,121 14.8 1,713,982 16.8 1,610,542 15.6 1,725,631 15.7 1,551,813 15.4 1,385,142 14.0
MAZDA 1,281,050 10.2 1,029,128 9.2 985,821 9.3 771,450 7.6 773,567 7.5 869,009 7.9 838,179 8.3 781,491 7.9
ISUZU 473,278 3.8 397,793 3.6 376,788 3.6 346,723 3.4 331,248 3.2 359,700 3.3 309,946 3.1 260,956 2.6
HONDA 1,199,820 9.6 1,150,849 10.3 997,726 9.5 967,321 9.5 1,092,148 10.6 1,306,399 11.9 1,243,468 12.4 1,220,955 12.3
HINO 79,182 0.6 70,922 0.6 75,372 0.7 82,768 0.8 78,148 0.8 74,478 0.7 39,822 0.4 39,533 0.5
SUZUKI 844,411 6.8 796,661 7.1 777,643 7.4 862,290 8.5 847,702 8.2 866,330 7.9 807,452 8.0 909,340 9.2
DAIHATSU 610,342 4.9 560,320 5.0 482,242 4.6 477,323 4.7 535,673 5.2 552,947 5.0 556,100 5.5 661,596 6.7
FUJI 513,925 4.1 437,924 3.9 434,091 4.1 419,285 4.1 416,980 4.3 429,518 3.9 426,651 4.2 481,264 4.9
NISSAN DIESEL 51,946 0.4 47,765 0.4 51,280 0.5 55,226 0.5 49,231 0.5 48,989 0.4 29,034 0.3 22,622 0.2
OTHERS 450 0.0 395 0.0 295 0.0 338 0.0 388 0.0 458 0.0 392 0.0 456 0.0
TOTAL 12,499,284 100.0 11,227,545 100.0 10,554,119 100.0 10,195,536 100.0 10,345,786 100.0 10,975,087 100.0 10,049,792 100.0 9,895,476 100.0
Source: JAMA (Japanese Automobile Manufacturers Association)
Figures are on a calendar year basis
B: Production volume by vehicle type
Vehicle Total Passenger Cars Trucks & Buses
Year
MMC Industry Share (%) MMC Industry Share (%) MMC Industry Share (%)
1985 1,152,777 12,271,095 9.4 570,865 7,646,816 7.5 581,912 4,624,279 12.6
1986 1,177,975 12,259,817 9.6 578,642 7,809,809 7.4 599,333 4,450,008 13.5
1987 1,231,169 12,249,174 10.1 594,654 7,891,087 7.5 636,515 4,358,087 14.6
1988 1,261,409 12,699,807 9.9 639,890 8,198,400 7.8 621,519 4,501,407 13.8
1989 1,249,510 13,025,735 9.6 708,418 9,052,406 7.8 541,092 3,973,329 13.6
1990 1,332,938 13,486,796 9.9 833,265 9,947,972 8.4 499,673 3,538,824 14.1
1991 1,405,647 13,245,432 10.6 914,178 9,753,069 9.4 491,469 3,492,363 14.1
1992 1,395,875 12,499,284 11.2 939,590 9,378,694 10.0 456,285 3,120,590 14.6
1993 1,362,447 11,227,545 12.1 941,096 8,493,943 11.1 421,351 2,733,602 15.4
1994 1,306,185 10,554,119 12.4 891,274 7,801,317 11.4 414,911 2,752,802 15.1
1995 1,327,553 10,195,536 13.0 908,874 7,610,533 11.9 418,679 2,585,003 16.2
1996 1,200,007 10,346,699 11.6 782,588 7,864,676 10.0 417,419 2,482,023 16.8
1997 1,239,582 10,975,087 11.3 820,703 8,491,480 9.7 418,879 2,483,607 16.9
1998 1,081,130 10,049,447 10.8 747,937 8,055,763 9.3 333,193 1,993,684 16.7
1999 1,013,895 9,895,476 10.2 752,940 8,100,169 9.3 260,955 1,795,307 14.5
Source: JAMA
Figures are on a calendar year basis
C: Japan market sales by vehicle type
Vehicle Total Passenger Cars Trucks & Buses
Year
MMC Industry Share (%) MMC Industry Share (%) MMC Industry Share (%)
1985 520,819 5,556,834 9.4 168,292 3,104,083 5.4 352,527 2,452,751 14.4
1986 508,198 5,707,814 8.9 146,261 3,146,023 4.6 361,937 2,561,791 14.1
1987 551,027 6,018,399 9.2 158,330 3,274,800 4.8 392,697 2,743,599 14.3
1988 622,283 6,721,004 9.3 180,874 3,717,359 4.9 441,409 3,003,645 14.7
1989 665,191 7,256,673 9.2 232,978 4,403,749 5.3 432,213 2,852,924 15.1
1990 710,766 7,777,493 9.1 314,917 5,102,659 6.2 395,849 2,674,834 14.8
1991 754,706 7,524,759 10.0 336,705 4,868,233 6.9 418,001 2,656,526 15.7
1992 744,172 6,959,073 10.7 335,298 4,454,012 7.5 408,874 2,505,061 16.3
1993 717,732 6,467,279 11.1 357,596 4,199,451 8.5 360,136 2,267,828 15.9
1994 755,185 6,526,696 11.6 387,869 4,210,168 9.2 367,316 2,316,528 15.9
1995 819,952 6,865,034 11.9 453,584 4,443,906 10.2 366,368 2,421,128 15.1
1996 753,284 7,077,745 10.6 359,115 4,668,728 7.7 394,169 2,409,017 16.4
1997 678,882 6,725,026 10.1 344,928 4,492,006 7.7 333,954 2,233,020 15.0
1998 596,392 5,879,425 10.1 323,809 4,093,148 7.9 272,583 1,786,277 15.3
1999 584,169 5,861,216 10.0 324,603 4,154,084 7.8 259,566 1,707,132 15.2
Source: JAMA
Figures are on a calendar year basis
D: Exports by vehicle type
Vehicle Total Passenger Cars Trucks & Buses
Year
MMC Industry Share (%) MMC Industry Share (%) MMC Industry Share (%)
1985 635,258 6,730,472 9.4 376,719 4,426,762 8.5 258,539 2,303,710 11.2
1986 656,600 6,604,923 9.9 414,875 4,572,791 9.1 241,725 2,032,132 11.9
1987 664,638 6,304,925 10.5 395,380 4,507,714 8.8 269,258 1,797,211 15.0
1988 633,387 6,104,152 10.4 410,959 4,431,833 9.3 222,428 1,672,264 13.3
1989 585,034 5,883,903 10.0 407,325 4,403,060 9.3 177,709 1,480,843 12.0
1990 608,648 5,831,555 10.4 439,134 4,482,274 9.8 169,514 1,349,281 12.6
1991 627,669 5,753,387 10.9 457,232 4,452,233 10.3 170,437 1,301,154 13.1
1992 652,925 5,667,666 11.5 476,971 4,408,884 10.8 175,954 1,258,782 14.0
1993 637,242 5,017,761 12.7 473,466 3,910,674 12.1 163,776 1,107,072 14.8
1994 556,549 4,460,292 12.5 392,700 3,360,668 11.7 163,849 1,099,624 15.0
1995 506,155 3,790,778 11.3 347,728 2,896,217 12.0 158,427 894,561 17.7
1996 455,498 3,711,718 12.3 306,208 2,860,080 10.7 149,290 851,638 17.5
1997 551,626 4,553,204 12.1 390,881 3,578,699 10.9 160,745 974,505 16.5
1998 522,988 4,528,875 11.5 381,289 3,684,150 10.3 141,699 844,725 16.8
1999 430,998 4,408,953 9.8 348,627 3,757,460 9.3 82,371 651,493 12.6
Source: JAMA
Figures are on a calendar year basis.
E: Export shipments by destination
Source: Figures are on a calendar year basis
PC=Passenger cars
TB=Trucks and buses
Middle East
1991 1992 1993 1994 1995 1996 1997 1998 1999
PC 26,274 41,940 43,204 22,186 20,709 23,943 25,175 41,001 22,282
TB 21,326 30,821 22,874 14,618 10,228 12,072 14,028 13,484 10,035
TOTAL 47,600 72,761 66,078 36,804 30,937 36,015 39,203 54,485 32,317
Africa
Asia
1991 1992 1993 1994 1995 1996 1997 1998 1999
1991 1992 1993 1994 1995 1996 1997 1998 1999
PC 8,569 10,141 5,407 3,914 3,507 5,192 16,787 13,536 8,495
PC 23,787 41,723 60,162 48,337 58,514 53,560 55,113 31,958 23,985
TB 12,281 14,943 8,743 11,415 19,900 17,994 21,356 17,567 13,721
TB 32,948 32,285 33,180 35,427 41,547 35,815 29,066 11,254 9,150
TOTAL 20,850 25,084 14,150 15,329 23,407 23,186 38,143 31,103 22,216
TOTAL 56,735 72,008 93,342 83,764 100,061 89,375 84,179 43,212 33,135
Central & South America
1991 1992 1993 1994 1995 1996 1997 1998 1999
PC 20,264 37,846 36,783 38,107 36,036 37,137 55,061 67,791 46,244
TB 11,709 17,835 21,402 20,835 20,405 17,978 21,363 26,418 9,157
TOTAL 31,973 55,681 58,185 58,942 56,441 55,115 76,424 94,209 55,401 Oceania
1991 1992 1993 1994 1995 1996 1997 1998 1999
Others
PC 24,386 28,011 29,608 29,348 24,530 23,465 33,262 37,470 33,789
1991 1992 1993 1994 1995 1996 1997 1998 1999
TB 14,916 17,303 18,278 18,757 15,793 12,049 7,771 7,195 7,072
PC 2,336 2,974 3,392 1,634 514 768 1,090 522 344
TOTAL 39,302 45,314 47,886 48,105 40,323 35,514 41,033 44,665 40,861
TB 719 456 272 489 311 386 697 699 590
TOTAL 3,055 3,430 3,664 2,123 825 1,154 1,787 1,221 934
MMC total Industry total
1991 1992 1993 1994 1995 1996 1997 1998 1999 1991 1992 1993 1994 1995 1996 1997 1998 1999
PC 457,232 476,971 473,466 392,700 347,728 306,208 390,882 381,289 348,627 PC 4,452,233 4,408,884 3,910,674 3,360,668 2,896,217 2,860,080 3,578,658 3,684,150 3,757,450
TB 170,437 175,954 163,776 163,849 158,427 149,290 160,747 141,699 82,371 TB 1,301,154 1,258,782 1,107,087 1,099,624 894,561 851,374 974,510 844,725 651,493
TOTAL 627,669 652,925 637,242 556,549 506,155 455,498 551,629 522,988 430,998 TOTAL 5,753,387 5,667,666 5,017,761 4,460,292 3,790,778 3,711,454 4,553,168 4,528,875 4,408,943