June 18, 2007

Mitsubishi opens nine new dealerships in nine months

Mississauga, Ontario – Mitsubishi Motor Sales of Canada has opened nine new dealerships across Canada in the past nine months, and now has 62 dealers nationwide.

The company says that it currently has 13 letters of intent from prospective dealers, which should help it to achieve its goal of 75 dealers nationwide in 2008. Of those, ten have made commitments to build all-new facilities to represent the brand.

“Our dealer growth plan is right on track with our overall business plan,” says Koji Soga, Mitsubishi Canada president and CEO. “These latest numbers move us decidedly forward in our goal to reach our target of 75 Canadian dealerships by April 2008, and 90 by April of 2009.”

Soga says that from January through May of 2007, average sales per dealer have been 23 vehicles, with May averaging 27 per dealer. The average for the same period in 2006 was 16 vehicles per dealership. “Those results are an index of the tremendous sales efforts made by our dealers, and an indication of what we have in store for the future,” Soga says.

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