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New Mitsubishi Mirage: Price from £8,999

The new Mitsubishi Mirage City Car – which replaces the Colt in Mitsubishi’s lineup – will cost from £8,999 in the UK for the Mirage 1.0L. Replacing the Colt in Mitsubishi’s lineup, the new Mirage offers a compact and economical option for buyers with a choice of two engines – 1.0 litre and 1.2 litre 3-cylinder – and three spec levels – Mirage, Mirage 2 and Mirage 3. Aimed to take a piece of the market the VW Group is gobbling up with the Up!

Saab's finance struggle: the latest news

Time appears to be running out for Saab, which hasn't built a single car since 1 April. And the hunt for new investors intensified this week as a deal worth more than £100 million with a Chinese partner collapsed.   Trollhattan factory has been idle since 1 April, halted by cashflow issues which saw suppliers withold parts in response to unpaid bills.

Mitsubishi subcompact hinted for US

Desperate for new models to bolster their limited lineup, Mitsubishi dealers recently got a glimmer of hope with news that an entry-level sedan may arrive stateside in 2015. The dealers were shown a rendering of the subcompact at the brand's regional dealer meetings held during the first two weeks of April, according to attendees and Mitsubishi Motors North America. The company told dealers it is targeting a 2015 release for the vehicle, attendees said.