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I have been amazed how long they have been able to hang on...
 
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Mitsubishi has electronics and aircraft manufacturing divisions to fall back on when the automobiles sales fail. I am sad to see this happen as I had a fun turbo, twinstick Colt at one time.
Mitsubishi became an independent car dealer in the '80's with hopes of overtaking Toyota, Nissan and Honda brands.
I can't say anything bad about their product, but the publicity of corporate missteps hurt their sales and brand reputation here.
 

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One of my favorite cars that I've ever owned was a Mitsubishi Diamante Station Wagon. Fast, economical and fun to drive 3.0 V-6. I surprised a LOT of other cars at red/green lights with that Diamante!
 

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A friend with a dodge colt was my intro to Mitsu.. It had the 1.6 motor which was an incredibly good engine for its time, I liked the Diamante and really liked the eclipse /laser/daytona? diamond star cars. A good brand underrated in N. America, IMO
 

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Back in the day made really nice small cars. Just not big enough to keep bringing out up to date product. Surprised Nissan bought them but then again Nissan has been on a downward trend for quite a while now.
 

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I’d buy a Mitsubishi over a Nissan every time.

The Mitsubishis I owned impressed with their unexpected solidity, robustness and toughness; the exact opposite of my Nissans.
 
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Mitsubishi Motors to launch lineup of new vehicles
July 22, 2020 — FRANKLIN, Tenn.
  • 2020 JD Power IQS top-rated Japanese brand will showcase considerable new vehicle investment for North America in 2021
  • The highly anticipated all-new next generation Outlander will debut in Q2 of 2021
  • Major exterior styling enhancements for the Eclipse Cross will debut in Q1 of 2021
  • Upgraded powertrain and increased all-electric driving range for Outlander PHEV in Q4 of 2020
  • Bold, new styling updates outside and inside for Mirage and Mirage G4 in Q1 of 2021
  • Every Mitsubishi vehicle to receive standard Forward Collision Mitigation with Pedestrian Detection1 active safety features
Between now and the end of the second quarter of 2021, Mitsubishi Motors North America, Inc. (MMNA) will launch three considerably revised vehicles and one all-new, ground-up redesign, proof of the company's commitment to deliver high quality, top value, leading-edge technology vehicles in the U.S. In addition, standard features and added value across the entire lineup, with key standard active safety features appearing on all vehicles, will underpin the revisions.

In the winter of 2020, the product debuts begin with a mechanically revised version of the world's best-selling PHEV (Plug-in Hybrid Electric Vehicle), the Outlander PHEV. It is followed by extensive styling and trim changes to the Mirage, the highest fuel-efficiency non-hybrid gasoline-fueled vehicle in the U.S., mirroring the updates already launched in other global markets. The spring of 2021 blossoms with a significant update showcased by refined interior and exterior styling for Eclipse Cross.

But Mitsubishi Motors saves the best for last, with the global reveal and launch of the all-new next generation Outlander in the second quarter of 2021.

More details on each model follows, with product specifics becoming available closer to the launch of each vehicle.

2021 OUTLANDER SPORT
On sale in fall 2020 as a 2021 model. Outlander Sport saw significant upgrades inside and out for the 2020 model year. It will carry over for the 2021 model year, with considerable improvement to standard levels of equipment. The vehicle is MMNA's best-selling model, and was ranked in the top three in the 2020 JD Power IQS study in the Small SUV class. Outlander Sport has always been an important vehicle in the segment, and the styling and trim updates ensure it remains a leader.

2021 OUTLANDER PHEV
On sale in winter 2020, as a 2021 model. The world's best-selling plug-in hybrid vehicle sees major revisions highlighted by a completely new powertrain, as well as a host of updates to each trim level. The updated internal combustion engine has increased displacement and greater horsepower, and the larger and more refined electric drive system offers more all-electric range and speed of operation.

2021 MIRAGE and MIRAGE G4
On sale in Q1 2021, as a 2021 model. With an extensive exterior redesign, the U.S.'s most fuel efficient non-hybrid gasoline-fueled vehicle becomes an even more compelling value. Mirage has never looked richer or better equipped, with bold styling and standard safety equipment putting it into a new level of consideration.

ECLIPSE CROSS
On sale in Q1 2021, as a 2022 model. The redesigned Eclipse Cross incorporates major front and rear design enhancements, taking cues from Mitsubishi's next-generation design language. The Eclipse Cross will sport a fresh new look, revised interior and new infotainment system.

ALL-NEW NEXT-GENERATION OUTLANDER
On sale in Q2 2021, as a 2022 model. The all-new next generation Outlander will be bigger, bolder and better than ever before, and will be the quietest and best-equipped Mitsubishi ever sold in the U.S. Completely redesigned and reimagined in every way, the new Outlander will incorporate the latest Mitsubishi design language, with a bold, aggressive, and distinctive appearance. Loaded with technology and significant interior refinements, this game-changing vehicle will surprise many. Further details will be revealed in a global reveal and launch event to be held in early 2021.

Source: Mitsubishi Motors to launch lineup of new vehicles (at https://media.mitsubishicars.com/en-US/releases/release-bd06a333f2c901a9f5f611f7c3000899-mitsubishi-motors-to-launch-lineup-of-new-vehicles )
 

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The new Outlander is based on Nissa-Renault platform CMF (Common module family), the PHEV powertrain arrives also from Nissan.
It is the same platform already used for the Eclipse Cross.
 

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Brands that make the best midsize SUV will be first. But Mitsubishi concentrated only on SUVs, and it's big trouble for them. They need the revival of the Lancer, Galant, etc.
Nobody was buying them in their final years. Jeep and Subaru seem to do okay with all wagons, all the time!
 

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My 1993 Plymouth mini-van had a 3.0L V6 from Mitsubishi. Engine was bullet proof and I sold the van with 144,000 miles on it. Except for oil changes and one spark plug change the engine was completely original when I got rid of it.
 

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