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home / news releases / MMTOF - Mitsubishi North America sales decrease by double digits in second quarter


MMTOF - Mitsubishi North America sales decrease by double digits in second quarter

Mitsubishi Motors Corporation ( OTCPK:MMTOF ) sales in North America fell by 13% in the second quarter, according to a report released late on Friday.

“Mirroring similar concerns across the auto industry, supply constraints of many vehicle lines held overall sales to 21,872, a year-over-year decrease,” the company admitted in a press release.

Accompanying financial documents reveal the Outlander Sport and Eclipse Cross had fallen by the greatest degree, offsetting gains for the original Outlander model. The 13% quarterly decline brings the year-to-date sales to a 10% decline as compared to 2021.

Read more on the sparse opportunities Morgan Stanley is eyeing in the auto space .

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Mitsubishi North America sales decrease by double digits in second quarter
Stock Information

Company Name: Mitsubishi Motors New
Stock Symbol: MMTOF
Market: OTC

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