Tokyo, July 31, 2019
Mitsubishi Motors Passes Milestone of Four Million Vehicles Exported from Thailand
Tokyo, July 31, 2019 - Mitsubishi Motors Corporation (MMC) announced today that it had passed the milestone of exporting four million vehicles from Thailand, and held the ceremony at Laem Chabang, Chonburi Province. Mitsubishi Motors (Thailand) Co., Ltd. (MMTh), MMC's subsidiary in Thailand has three car-production plants and an engine facility in Chonburi Province, which have become the company's largest manufacturing center outside Japan.
MMC started its operations in Thailand in 1961 and became the first automaker to export vehicles in 1988. Last year, it exported almost 80 percent of the 440,000 vehicles manufactured there – including knocked-down units.
MMTh now employs more than 7,000 staffs directly and thousands more in the supply chain.
"The ASEAN region centering on Thailand is one of the important areas for Mitsubishi Motors," said Osamu Masuko, chairman of MMC. "In addition to contributing to the region through businesses such as providing products that meet each country's demands, employment, human resources development, investment as well as local production and export, we have been contributing to local societies through our corporate citizenship activities. We will continue to expand our activities in the ASEAN region to further contribute to solving social issues."
Thailand continues to be an important hub in Mitsubishi Motors' global operations. This milestone does not represent the end of its strategic journey, but is a point from which the company continues to grow. MMC's commitment to Thailand remains firm and steadfast, and it will continue to strengthen its operations there as
a key player in the ASEAN region, a bedrock of its business.
About MITSUBISHI MOTORS
Mitsubishi Motors Corporation is a global automobile company based in Tokyo, Japan, which has a competitive edge in SUVs and pickup trucks, electric and plug-in hybrid vehicles. The company launched the i-MiEV – the first mass-produced electric vehicle in 2009, which was followed by the OUTLANDER PHEV in 2013 – a plug-in hybrid market leader in Japan and Europe. Mitsubishi Motors has 30,000 employees and a global footprint with production facilities in Japan, Thailand, China, Indonesia, the Philippines and Russia. Models, such as the PAJERO SPORT/MONTERO SPORT, TRITON/L200, OUTLANDER, ASX/OUTLANDER SPORT/RVR and XPANDER play a major role in achieving its growth. The global sales volume in fiscal year 2018 was 1,244,000 units, and the net sales of Mitsubishi Motors for fiscal year 2018 was 2.51 trillion yen. Mitsubishi Motors is listed on the Tokyo Stock Exchange.