Mitsubishi Triton Recorded a Positive Growth of 0.9% for Financial Year 2019

Posted on April 30, 2020

Kuala Lumpur, 30 April 2020 - Mitsubishi Motors Malaysia (MMM), the official distributor of Mitsubishi Motors vehicles in Malaysia announced that the Mitsubishi Triton was the only brand in the pick-up segment that successfully achieved positive growth by 0.9%, with 5,762 units sold for Financial Year 2019 (April 2019 to March 2020), as compared to the same period last financial year. The pick-up truck segment however, saw a decline by 21% during the same period of time.

From January to March 2020, the Mitsubishi Triton consistently maintained its market share by 22% or more for three consecutive months. The Mitsubishi Triton overall market share for FY2019 closed at 17% versus MMM target of 16%.

On another positive note, for the whole of FY2019, the Mitsubishi Triton double cab ranked up to the number one position in the pick-up truck segment, in three states namely Melaka, Penang and Kedah.

"We are happy that the Mitsubishi Triton's appeal in Malaysia remains strong. Throughout the year, the Triton has been recognised as the best-handling, the more fuel-efficient pick-up truck as well as the cheapest to maintain in terms of after sales service. We are pleased that the Triton double cab is gaining the trust and likes of Malaysians and is becoming the favourite choice in some states. We are confident that the Triton will continue to drive our momentum in Malaysia", said Tomoyuki Shinnishi, CEO of MMM.

He added, "Automotive sector is likely to remain under pressure with the COVID-19 pandemic but it is imperative for the company to focus on the positives while planning for the growth of our businesses once the situation has improved. Rest assured, our team is working closely to implement extra precautionary measures, post-MCO to ensure that our sales outlets and service centres are a safe place for customers to shop and to service their cars with peace in mind."

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, MMM is currently represented by 61 showrooms (with 8 being 4S) and 61 service centers across Malaysia. In East Malaysia, MMM has 16 showrooms (8 in Sarawak and 8 in Sabah). Additionally, there are 27 authorised Body & Repair (B&P) outlets to meet market demand. By 2025, four new outlets are anticipated, bringing the total to 65 outlets to cater to increasing demand and enhance customer experience.

MMM is committed to selling a range of vehicles that are high in quality, performance, safety, comfort, and technologically advanced. The Triton 4x4 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.