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Refreshed Mitsubishi Mirage hatch and G4 sedan debut in Thailand

After Mitsubishi teased its global compact twins earlier this month, the Mirage hatchback and Attrage sedan — called the Mirage G4 here — greeted the public in Thailand. These appear to be cosmetic adjustments only, Mitsubishi mum so far on any powertrain changes. Both vehicles now wear the Dynamic Shield corporate face with "styling [that] sweeps round from the sides toward the middle of the nose in a protective embrace." At the edges of the red-trimmed grille strakes, restructured headlights now incorporate LEDs. In back, vehicle edges have been drawn more square and vertical. Below the revised taillights, the bumpers feature cutouts at their edges that house reflectors. Interior revisions on all trims include soft-feel cloth for hand-rest areas like the door card, new designs for the front armrests, and a carbon fiber pattern for the gauge cluster background and the window switch panel. Higher trims can be optioned with new seat designs, solid-colored synthetic leather in the sedan, and a mix of fabric and synthetic leather in the hatch, each with complementary piping and stitching. Another new option will be Mitsubishi's Smartphone Display Audio infotainment with a seven-inch screen and compatibility with Android Auto and Apple CarPlay. Both cars expand their color palettes with a White Diamond hue, and the hatchback adds Sand Yellow as well. Wheel designs get in on the upgrades, the hatch benefiting from a 15-inch two-tone, diamond-cut wheel, the sedan wheel coming in a solid silver finish. Assuming engines don't change when the redesigned bodywork goes on sale here, the 1.2-liter three-cylinder with 78 horsepower and 74 pound-feet of torque will be our only option, shifting through either a five-speed manual or a CVT.  Featured Gallery 2020 Mitsubishi Mirage Hatch and Attrage-G4 Sedan View 30 Photos Mitsubishi Hatchback Economy Cars Sedan

Junkyard Gem: 1992 Mitsubishi Expo LRV

Chrysler did reasonably well selling first-generation Mitsubishi Chariots in North America with Dodge/Plymouth Colt Vista badging during the 1980s, and so Mitsubishi Motors decided to take a shot at selling the second-generation Chariots with its own company's badges when those vehicles went into production in 1991. Those vehicles were known as Mitsubishi Expos here, with sales beginning in the 1992 model year and continuing through 1995. Here's one of those ultra-rare first-year Expos, found in a Colorado self-service car graveyard recently. The Chariot line had split into two in its home market by that time, with the regular four-door wagons still called Chariots and a shortened three-door version given the RVR name, which stood for Recreational Vehicle Runner (actually ßVR, with the Cyrillic first character). In the United States, the Chariot was sold as the Expo Wagon while the ßVR was dubbed the Expo LRV. The LRV's door setup is a bit odd. On the driver's side, there's just one door. On the passenger side, there's a sliding rear door (with interlock to prevent it from tearing off the fuel-filler door if it's open). In right-hand-drive markets, Mitsubishi put the slider on the left side while keeping the fuel filler on the right. Chrysler sold its own versions of the ßVR, of course. The Eagle version was known as the Summit Wagon. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Dodge and Plymouth dealers sold the ßVR as the Colt Vista. Since this is the base-model Expo LRV for 1992, it has the 1.8-liter SOHC 4G93 engine, sending 113 horsepower and 116 pound-feet in the general direction of the front wheels. The all-wheel-drive and Sport versions got a 2.4-liter 4G64 rated at 136 horsepower and 145 pound-feet. The emissions sticker tells us that this car was sold new in California. It was built in Aichi Prefecture, Japan. This one has the optional four-speed automatic, which cost $670 extra (about $1,460 in 2023 dollars). Not even 100,000 miles passed beneath this Expo's wheels during its 31-year career. Why is it in this place, then? Here's the reason: a crash that mangled the left front suspension. The ignition key dangles from the kind of lanyard used by car auctions, so we can assume this car got totaled instantly by the insurance company and had no chance of being sold to any customer other than a junkyard. The MSRP for this car was $11,537, or about $25,132 today.

Mitsubishi pondering $2B share sale?

Mitsubishi makes the brilliantly fast, wonderfully fun Lancer Evolution. Outside of that road-going rally car, the rest of the range is pretty poor - the new Outlander isn't bad, but the subcompact Mirage looks like might've been competitive five years ago, while the Galant and Lancer have suffered from serial neglect.
This hasn't just lead to rumors of Mitsu's death in America; the subsidiary of the massive Mitsubishi Group has been in trouble at home, too. It was bailed out by three other Mitsubishi Group companies - Mitsubishi UFJ Financial, Mitsubishi Heavy Industries and Mitsubishi Corporation - between 2004 and 2005, according to Bloomberg. Now, it's attempting to extricate itself from "emergency mode," as analyst Koichi Sugimoto told the financial site, adding that "they're still in the very early stages of recovery."
As part of the bailout, Mitsubishi issued its three saviors billions of dollars of preferred shares, which don't have voting rights. The problem is, Mitsubishi hasn't issued dividend payments since 1998, and these stocks aren't exactly competing with Apple or Google, in terms of value. In other words, they're mostly worthless. With a public offering, Mitsubishi is expecting to raise 200 billion yen, or about $2 billion, in order to reduce the number of preferred shares. If all goes according to plan, it will wipe out preferred shares by March of 2014, or the end of fiscal year 2013.