The Car and Truck Fleet and Leasing Management Magazine

Mitsubishi Motors to Cut North American Fleet Sales

June 13, 2006

TOKYO – Mitsubishi Motors Corp. plans to reduce heavily discounted sales to large corporate customers in the North American market, the Nihon Keizai Shimbun reported without citing sources, as reported by Forbes Magazine. Mitsubishi Motors will cut fleet sales to car rental companies and firms from 18 percent of the total in the past year to March to 12 percent in the current financial year ending Mar. 2007, the business daily said. In a bid to boost profitability, Mitsubishi Motors also plans to decrease sales incentives for fleet sales and strengthen marketing for sales to individuals. It aims to boost overall sales in North America by 16 percent to 181,000 units in the current fiscal year — the first increase in four years.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

A specialized form of leasing wherein some or all fleet costs are estimated in advance, then budgeted and billed by the fleet management company with periodic invoices (usually monthly).

Read more

Up Next

More From The World's Largest Fleet Publisher