Small one, cheap new car market just been dealt a heavy blow. Mitsubishi MirageOne of the cheapest new cars on the market, will be discontinued.
A Mitsubishi spokesperson confirmed the news. Driver. They confirmed that both the Mirage G4 sedan and Mirage hatchback will be discontinued after 2024.
News of Mirage’s demise was confirmed today Car and driver “Mirage is being discontinued in the U.S. market and there will be no model year 2025,” said Jeremy Barnes, a spokesman for Mitsubishi North America. “Production will end at the end of this year and we expect to have enough dealer inventory to last through the summer of 2025.”
The Mirage is the cheapest model in Mitsubishi’s lineup and one of the cheapest new cars on sale today. Including destination, a Mirage hatchback will set you back just $17,840; $18,940 for the Mirage G4 sedan. Its death has been long coming. In early 2023, the automaker announced The small car will be discontinued in Japan, while telling us that we have nothing to worry about here in the United States.
By late summer 2023, source said that the automaker canned the Mirage as a first step toward exiting sedans altogether. Mitsubishi isn’t giving up on small, affordable cars, it’s just making them what people want: crossovers. Analysts claim that Mitsubishi’s killing of the Mirage just means the brand has room to replace it with a small, affordable crossover, which Hyundai did by replacing the Accent with the Venue.
The Mirage’s cancellation is a big blow to the small car market. Not everyone wants a crossover, and even then, anyone who wants a new, cheap small car doesn’t have many options. Nissan has the Versa for just under $18,000, but it’s clear it is on its way out. With both gone, that remains No new car starts at less than $20,000.. And that’s sad.
