Mitsubishi Motors Malaysia achieves best ever quarter – 51% sales jump in FY 2020 boosted by the Xpander

Mitsubishi Motors Malaysia achieves best ever quarter – 51% sales jump in FY 2020 boosted by the Xpander

Mitsubishi Motors Malaysia (MMM) has achieved its best ever sales in a financial year’s quarter with 4,156 vehicles sold between January and March 2021, which is MMM’s Q4 in FY 2020. That’s a 135% year-on-year increase versus Q4 FY 2019 (January to March 2020). In this quarter, Mitsubishi was No.3 in non-national brand sales for three consecutive months.

The company also announced a 51% jump in sales to 11,554 units in FY20 (April 2020 to March 2021), which ended on March 31, 2021. The sales achievement is attributed to the Mitsubishi Xpander. Introduced in November 2020, MMM has collected over 9,300 bookings for the locally-assembled seven-seater, and has since delivered 2,742 units.

“Due to the overwhelming positive response for the new Xpander, we are progressing to increase our production volume to cater for higher production capacity to fulfil all booking demands,” said Tomoyuki Shinnishi, MMM’s CEO.

Mitsubishi Motors Malaysia achieves best ever quarter – 51% sales jump in FY 2020 boosted by the Xpander

The Triton pick-up truck, MMM’s bread and butter volume seller over the years, saw gains of 32% in FY20, with 7,568 units delivered.

“Despite the challenging market situation, MMM closed FY20 on a high with the main drivers for volume growth – the Triton pick-up truck and the new Xpander seven-seater crossover. Back by our committed dealers, we have expanded our sales outlets to Temerloh, Kuala Selangor and Petaling Jaya last financial year, and more than 60% of our dealers have upgraded their outlets for a better customer experience. For FY21, we will continue to expand our dealer network in order to serve our customers better in terms of sales and after sales,” Shinnishi added.

The MMM chief also highlighted the company’s digitalisation efforts such as Test Drive 2U, the Mitsubishi Connect app, as well as the brand’s new online showroom.

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Danny Tan

Danny Tan loves driving as much as he loves a certain herbal meat soup, and sweet engine music as much as drum beats. He has been in the auto industry since 2006, previously filling the pages of two motoring magazines before joining this website. Enjoys detailing the experience more than the technical details.

 

Comments

  • Mitsubishi Fans on Apr 06, 2021 at 6:10 pm

    If bring in Eclipse Cross they’ll get even higher sales figure.

    Like or Dislike: Thumb up 5 Thumb down 1
  • business man on Apr 06, 2021 at 6:44 pm

    Congrat Mitsu!!! and please bring in new outlander too

    Like or Dislike: Thumb up 6 Thumb down 0
  • Silthice on Apr 06, 2021 at 9:53 pm

    MPV prove to have a lot of demands but most manufacturers failed to seize the opportunity

    Like or Dislike: Thumb up 3 Thumb down 0
  • PlainBS on Apr 06, 2021 at 10:22 pm

    Firstly, tell me what’s the ratio of sales vs delivery.

    Then, we’ll see how efficient is Mitsu.

    Like or Dislike: Thumb up 5 Thumb down 0
  • Hopeful on Apr 07, 2021 at 7:17 am

    Yet proton is delaying their new mpv. We just need smth a little more powerful than aruz with more rear legroom, and priced below xpander probably around rm8xk, with better safety features. That will turn the number around for their mov sales.

    Like or Dislike: Thumb up 1 Thumb down 0
    • Celup King on Apr 07, 2021 at 2:54 pm

      Not delayed but they just launched a new car back in Oct and orders had backlogged to 6-9 months. Cut them some slack, they need to space out launches to maximise attention and mindshare.

      Like or Dislike: Thumb up 0 Thumb down 0
 

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