TOKYO -- Mitsubishi Motors Corp. appears to have pulled out of its sales slump in Japan.
The company's rebound in Japan-market sales during the three months that ended Sept. 30, along with its improving sales in North America and Europe, suggest it may be on the road to recovery.
Third-quarter light-vehicle sales in Japan rose just 0.1 percent over the year-ago quarter, to 1,411,056. Sales increased for both luxury imports and minivehicles with 660cc engines. Sales of middle-market models softened.
After Mitsubishi's sales in Japan had dropped every month for more than a year, its sales rose each month in the third quarter. The company sold 59,848 vehicles from July through September. That was a 27.5 percent increase from the year-ago period.