Mitsubishi sees growth in demand amid Montero Sport controversy | Inquirer Business

Mitsubishi sees growth in demand amid Montero Sport controversy

By: - Reporter / @amyremoINQ
/ 01:47 AM January 22, 2016

Mitsubishi Motors Philippines Inc. (MMPC) remained bullish of its prospects this year, targeting vehicle sales of 70,000 units amid controversies hounding one of its best-selling models.

This represented a 29-percent increase in sales for the country’s second biggest automotive firm. It sold 59,087 units in 2014.

“Hitting 70,000 units this year will be challenging but we are banking on new models to boost growth. Aside from the all new Montero, we will have new upgrades on the  Mirage and Strada, and we will introduce the Outlander to complement MMPC’s SUV lineup, in which we are currently very strong,” Froilan Dytianquin, first vice president for marketing of MMPC, said in a briefing late Wednesday.

Article continues after this advertisement

“Usually, we see double digit growth (in vehicle sales) during national elections,” he added. Increased mobility during elections boosts demand, he said.

FEATURED STORIES

He said the L300 and Adventure models were among those that saw strong sales in the past.

To address an expected growth in demand, MMPC was also hiking its production capacity to about 18,000 units for the Adventure and L300 models from the 16,000 units that the company assembled in its Laguna facility last year. Only 25 percent of MMPC’s lineup are locally assembled.

Article continues after this advertisement

Dytianquin added the two models were also strong with small and medium sized enterprises (SMEs), which often use these vehicles for delivering goods and services.

Article continues after this advertisement

MMPC also launched Wednesday night the third generation, all-new Montero Sport, which has a price tag starting at P1.5 million.

Article continues after this advertisement

Company officials were optimistic of this latest offering, which saw the Montero getting a full redesign and better performance, comfort and safety features.

Given the controversies on the sudden and unintended acceleration (SUA) incidents involving previous Montero models, MMPC highlighted the safety features of this new model including, among others, the forward commission mitigation system (FCM) for emergency brakes in case of acceleration; the blind spot warning system to monitor vehicles closing on the rear, driver side; crumple zones absorbing a crash to protect the interior of the cabin.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Mirage, Mitsubishi, Montero, motioncars, Motoring, Strada

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.