Mitsubishi planning global compact car, will fit below Lancer

At the 2010 New York Auto Show last week, Mitsubishi Motors North America CEO Shinichi Kurihara announced that the Japanese automaker is planning an all-new compact car that will hit markets in 2012.

The new model will be a little smaller than the size of the European B-segment and will fit below the brand’s Lancer mode.

The car will be launched on a global scale and will be powered by a small 1.2L or 1.3L 4-cylinder engine.

– By: Kap Shah

Source: AutoWeek