Another problem with the Mitsubishi Mirage is that it doesn’t offer an electrified powertrain. Of course, Mitsubishi could opt to redesign the Mirage as a PHEV, but this could cause internal competition with Renault. Nissan, meanwhile, plans to focus on small SUVs for its future European lineup. In other words, Mitsubishi simply may not be needed in Europe because Renault and Nissan have those segments firmly covered.
On top of this, Mitsubishi also lost money (a total of $130 million) in Europe for the past two years.
Mitsubishi’s Latest Problem Has No Easy Solution – CarBuzz