MMTOF - Mitsubishi Motors' new vehicle sales surges in Q3

Mitsubishi Motors (MMTOF) reports Q3 2020 sales increased to 24,857 units, up 49% from the previous quarter and 1.5% at this time a year ago.YTD sales decreased 24% to 72,617 units.Model-wise sales: Mirage: 5,839 units (-29.5% Y/Y); Eclipse Cross: 2,429 units (-25.7% Y/Y); Outlander Sports: 7,719 (+4.6% Y/Y); Outlander: 7,923 units (+62.23% Y/Y); Outlander PHEV: 947 (+42.2% Y/Y).The company says "this sales performance signals a continued recovery of new vehicle sales across the U.S., following a substantial disruption of business through the year due to the COVID-19 pandemic and safer-at-home orders."

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Mitsubishi Motors' new vehicle sales surges in Q3