Mitsubishi's success story in the Australian market
While the Mitsubishi-Nissan alliance has made it to #1 in global sales numbers, it is interesting to see how this merger has helped leapfrog VW in the numbers game. More so, when Mitsubishi has been known for lacklustre numbers in certain markets as well as an almost negligible presence in the US auto market.
A fact i had noticed right from the time i was here in Australia, is how Mitsubishi enjoys a strong presence in this market, and more so one where it sees a good number of brand new cars roll off the showroom floors. Now, the numbers are there for all to see.
Mitsubishi have taken the decision to focus on their core strengths which is in the Utility vehicle/SUV segment, with an almost negligible presence in the passenger car segment. Even there, with the Lancer soon reaching the end of its life-cycle, it is as good as not having a worthwhile representative.
What Mitsubishi brings to the table with their offerings is reliability, as well as value for money alternatives, as compared to their Japanese brethren with the hallowed T badge.
Here's an analysis of Mitsubishi's strong performance in the Australian market, with data based on the article on www.caradvice.com.au Quote:
However, the value-driven company might be quietly laughing to itself right now, after posting 21,215 sales over the first quarter (Q1) of 2018, up 15 per cent over its record 2017 result.
This places it fourth in-market, behind Hyundai but ahead of Ford, Nissan and Holden.
The company did even better in March, finishing third overall and ahead of Hyundai, with 8810 units and market share of 7.3 per cent. It was the company’s highest March on record, which is a pretty good way to wrap up the Japanese financial year.
Mitsubishi was also the market’s #3 SUV brand over Q1, with 12,538 sales placing it behind only Mazda (13,386) and Toyota (19,405), and ahead of Alliance partner Nissan.
|
Mitsubishi also seems to have struck gold with their latest offering in this market, which is the Eclipse Cross, a mini SUV which slots in between the ASX (#1 seller in its segment) and the Outlander. Even the aging but legendary Pajero saw a 8% jump over Q1 sales.
What the Australian market has proved is that for the right kit, reliability and price there is always a market for the taking. I couldn't be happier having grown up with a Mitsubishi L200 pickup(Also called the Triton) and a Lancer in the family, and now owing a Pajero.
Link to original article : https://www.caradvice.com.au/637431/...sales-success/
Last edited by benbsb29 : 13th April 2018 at 04:13.
Reason: Added sales numbers + corrected typos.
|