logo
Plus   Neg
Share
Email
Comment

Mitsubishi Motors Nov. U.S. Sales Up 7.6%

Mitsubishi Motors North America Inc., a unit of Japan's Mitsubishi Motors Corp., (7211,MMTOF.PK), on Tuesday reported a 7.6% increase in sales for November, its ninth consecutive year-over-year sales growth. It was also the best November sales in the last seven years.

Misubishi sold 6,534 units in November, up from 6,071 sold last year.

Mitsubishi Motors' American-made Outlander Sport 5-passenger crossover led the way with sales of 2,679 units for the month, up 30.1% from a year eaerlier, making it the best November sales month for the vehicle since its launch four years ago.

"We've seen nine consecutive months of year-over-year increases, with the Outlander Sport and the Mirage leading the way," said Mitsubishi Motors North America Executive Vice President, Don Swearingen. "We've also had a strong November for our Outlander and Lancer and are on track to continue this momentum through the end of the year."

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Tech giants Amazon.com, YouTube and Twitter as well as Verizon Communications are exploring bids for digital streaming rights to the National Football League or NFL's Thursday Night Football package, according to media reports. The NFL is likely to strike a multi-year deal for the digital streaming rights. However, the television audience for the NFL has declined for two consecutive years. Wynn Resorts Ltd. said Friday that former Chief Executive Officer Steve Wynn is not entitled to any severance payment of other compensation from the company. Wynn resigned last week as CEO and Chairman of the board following allegations of sexual misconduct. In a regulatory filing, Wynn Resorts said it entered into a separation agreement between Steve Wynn, and Wynn Resorts Holdings LLC. Beverages giant Coca-Cola Company on Friday reported a net loss for the fourth quarter, reflecting a one-time charge related to the U.S. tax reform and a double-digit decline in revenues. However, adjusted earnings per share matched analysts' expectations, while revenues beat their estimates. The company's shares are rising more than 2 percent in pre-market activity.
comments powered by Disqus
Follow RTT