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Mitsubishi Motors Achieves 27% Sales Growth For Financial Year 2022

Posted on April 17, 2023

Kuala Lumpur, 17 April 2023 – MITSUBISHI MOTORS MALAYSIA (MMM), the official distributor of Mitsubishi Motors vehicles in Malaysia continued its sales trend on an upward trajectory after closing Financial Year 2022 (April 2022 – March 2023) with 27% more vehicles sold compared to the same time last financial year.

The company sold 24,315 units with a market share of 3.2%, allowing it to retain its top three spots in the non-national automotive sales table. This is also MMM’s historical high sales achievement since its inception in 2005.

The Mitsubishi XPANDER remains Malaysia’s most popular non-national MPV with a sales growth of 52.2% compared to Financial Year 2021 (April 2021 – March 2022). MMM sold 13,794 units of XPANDER which contributed 57% to the company’s overall total sales.

The Mitsubishi Triton pick-up truck is also a remarkable one with a sales growth of 12% compared to the financial year before. MMM sold 10,520 units of Triton and maintained a solid market share of 18%. The Triton is also strong number two in the pick-up truck segment.

“The Triton and XPANDER have been a catalyst for our sales growth in FY22. In ending a successful financial year, we will continue to focus on improving customer purchase and service experience to meet the evolving needs of our customers, assuring a seamless experience,” said Shinya Ikeda, Chief Executive Officer of Mitsubishi Motors Malaysia.

Mitsubishi XRT, the concept car of the all-new Triton Premiered at the 44th Bangkok International Motor Show 2023.
He added, “On the global front, Mitsubishi Motors Corporation (MMC) recently premiered the Mitsubishi XRT, the concept car of the all-new Triton at the 44th Bangkok International Motor Show 2023. For the upcoming Asia Cross Country Rally 2023, Team Mitsubishi Ralliart plans to compete with a prototype cross-country model of the all-new Triton in its quest for a second straight victory. Our participation in rallies will be reflected not only in new Triton models but also across a broad range of Mitsubishi vehicles. We are optimistic about the future of the Mitsubishi Motors brand and its presence in Malaysia.”

About Mitsubishi Motors Malaysia (MMM)

Mitsubishi Motors Malaysia (MMM) was formed on 29 January 2005 and is the official distributor of Mitsubishi Motors vehicles in Malaysia. As one of Malaysia’s leading automotive companies, the company is now represented by 58 showrooms (out of which 47 are 3S Centres and 7 are 4S Centres) and 59 service outlets throughout Malaysia.  In East Malaysia, MMM is represented by 15 showrooms (8 in Sarawak and 7 in Sabah).

MMM is committed to selling a range of vehicles that are high in quality, performance, safety, comfort, and technologically advanced. The Triton 4×4 pick-up truck is imported as CBU (Completely Built-Up) units from Thailand and the XPANDER is locally assembled (CKD) in Malaysia.

“Drive your Ambition” is a powerful statement of Mitsubishi Motors Corporation’s (MMC) ongoing commitment to the values and aspirations of its drivers. Following this, MMM strives to provide unique experiences and inspire our customers to go the distance with our vehicles.