Mitsubishi sales up 20%

BILYONARYO.COM

Mitsubishi Motors Philippines Corp. said it sold 4,870 vehicles in February, up 19.7 percent from 4,070 units it sold in 2015.

Mitsubishi captured 19.4 percent of the Philippine automotive market, keeping its strong number two position in the industry, industry data showed.

The company said total sales in the first two months grew 33.1 percent to 9,737 units from 7,313 units a year ago. Growth was recorded in all segments such as passenger car models with 36.6 percent, Fuso truck and bus at 30.8 percent and light commercial vehicles such as SUVs, pickups, utility vehicles at 31.7 percent.