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PRESS RELEASE

Mitsubishi Fuso Significantly Increases Sales in Indonesia,
Showcasing Full Suite of Products
At 18th Indonesia International Motor Show

July 23, 2010

•  Indonesia Sales More Than Double in First Five Months, Achieving Jan.-May Sales Record Even Above Pre-Crisis Levels
•  Indonesia International Motor Show Display Showcases Current Product Line Plus Presenting New Products FV Heavy-Duty Truck and Advanced Generation Medium-Duty Truck
•  Mitsubishi Fuso is the Commercial Vehicle Market Leader in Indonesia, Southeast Asia’s Largest Market

Kawasaki - Mitsubishi Fuso Truck and Bus Corporation (MFTBC), one of Asia’s leading commercial vehicle manufacturers, today announced that its January-to-May sales in Indonesia more than doubled over the same period in 2009, achieving a sales record for the first five months of the year. Amidst the positive market conditions, market leader Mitsubishi Fuso is now participating in the 18th Indonesia International Motor Show 2010 with an exhibit including current products and showcasing the new FV heavy-duty truck and an advanced generation FN medium-duty truck.

“Mitsubishi Fuso continues to achieve very strong sales in Indonesia, reflecting the overall positive momentum in international markets,” said Mr. Kai-Uwe Seidenfuss, MFTBC Vice President of Sales and Service International. “As Mitsubishi Fuso’s largest export market and the largest truck market overall in Southeast Asia, Indonesia plays a key role in the success of our international business.”

Mr. Seidenfuss outlined, “Mitsubishi Fuso’s commitment to further strengthen the Indonesia business is highlighted in the brand’s presence at Indonesia Motor Show, which shows the robust products and outstanding services we can deliver to our customers, together with our local partners.”

Record Sales in First Five Months

Through the five months in 2010, Indonesia sales increased 115% to 20,832 units (Jan.-May 2009 = 9,708 units, Jan.-May 2008 = 17,796 units). This represents the highest ever sales over such an interval, exceeding the same pre-economic-crisis period in 2008.

Mitsubishi Fuso at the Indonesia International Motor Show 2010

As excellent sales continue into the second half of the year, Mitsubishi Fuso is participating in the Indonesia International Motor Show starting today and running through August 1 at the Jakarta International Expo. On display are a suite of vehicles that show Mitsubishi Fuso’s ability to deliver reliable and efficient vehicle solutions to Indonesia customers.

The company’s exhibit is based on three current models in the market: the Colt Diesel van, Colt Diesel dump truck and Colt Diesel light-duty bus. A classic Colt Diesel is also exhibited, representing the brand’s historic development and success in the Indonesia market in earlier times.

Showcasing FV Heavy-duty Truck and Advanced FN Medium-Duty Truck

Mitsubishi Fuso is also showcasing two additional new products at the Show: the FV heavy-duty tractor head and an advanced generation FN medium-duty truck.

The FV heavy-duty truck marks the upper end of Fuso’s line-up and opens up the potential to offer an even broader and more comprehensive truck line in Indonesia, extending from 5 tons up to 27.6 tons gross vehicle weight (gvw), and to serve a wider range of business and industry.

The advanced generation FN medium-duty truck on display incorporates additional modern advances in safety, reliability and efficiency, showing the further possibilities Mitsubishi Fuso can deliver.

Mr. Seidenfuss explained, “We are confident to find major demand for the flagship FV heavy-duty truck with its ability to tap into the heavier segment of the market. The advanced generation FN medium-duty truck shows a view to advanced technology for Indonesia, building on and adding to the successful products already in the market.

“The exhibit of these two vehicles demonstrates further ways to enhance our product line in Indonesia, which is based on the iconic Colt Diesel Canter and complemented by the rest of the Fuso line-up.”



FV Heavy-Duty Truck


Advanced Generation FN Medium-Duty Truck


Mitsubishi Fuso Presence in Indonesia

Mitsubishi Fuso is the number one commercial vehicle brand in Indonesia, with a leading market share of 50.1 percent (wholesale) in the overall truck and bus segment. In the light-duty truck segment (5-8 tons gvw) served by the Colt Diesel, the company continues to prove its leadership position with a market share of 56.9 percent (wholesale). Over the past five years, the company has sold over 168,000 vehicles in Indonesia, including light-duty trucks, medium-heavy-duty trucks and light-duty bus chassis.

Mitsubishi Fuso products for Indonesia are distributed by P.T. Krama Yudha Tiga Berlian Motors (KTB). MFTBC holds 18% of KTB shares.


About MFTBC

Based in Kawasaki, Japan, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) is one of Asia's leading commercial vehicle manufacturers. In 2009, the company sold a total of about 99,500 vehicles including light-, medium- and heavy-duty trucks and buses. Daimler AG owns 85% of MFTBC shares and various Mitsubishi group companies own 15% of MFTBC shares. MFTBC is an integral part of the Daimler Trucks Division of Daimler AG.



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