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MMC sees drop in 03/04 global vehicle sales

TOKYO, May 26 (Reuters) - Mitsubishi Motors Corp , Japan's fourth-largest automaker, said on Monday it expected its group's global vehicle sales to fall to 1.63 million units this business year compared with 1.96 million a year earlier.

Mitsubishi, which is 37 percent owned by DaimlerChrysler AG , forecast overseas sales to drop to 1.23 million units in the year started April 1, against 1.56 million in 2002/03.

The company forecast domestic vehicle sales to edge up to 408,000 units compared with 407,000 last year.