Mitsubishi (Passenger Cars) - Europe

• In 2024, the projected revenue for Mitsubishi in Europe is forecasted to reach US$3,915m.
• This signifies a significant market presence in the region.
• Furthermore, it is anticipated that the revenue will experience an annual growth rate of -0.91%, resulting in a projected market volume of US$3,775m by 2028.
• This growth demonstrates the potential for Mitsubishi to expand its market share in Europe.
• The unit sales of Mitsubishi in Europe are also expected to experience growth, reaching 121.7k vehicles by 2028.
• This indicates a strong demand for Mitsubishi products in the European market.
• Additionally, it is worth noting that the volume weighted average price of Mitsubishi in Europe is projected to be US$32k in 2024.
• This figure highlights the value and quality that Mitsubishi offers to its customers in the European market.
• From an international perspective, it is evident that Japan will generate the highest revenue for Mitsubishi, amounting to US$3,347m in 2024.
• This showcases the strong presence and popularity of Mitsubishi in its home country.
• Mitsubishi is experiencing a surge in demand for its electric vehicles in Europe, particularly in Norway, where the government's incentives and infrastructure have fueled the adoption of green transportation.

Key regions: Japan, United Kingdom, China, France, United States