Mitsubishi's president, Osamu Masuko, addressed the assembled masses in Beijing to inform them of plans to create a new subcompact car destined for Europe, China and Southeast Asia. The new platform will fit the standard dimensions of a Kei car in Japan (no more than 11.2-feet long and five-feet wide) and will come equipped with either the Japanese-mandated 660cc engine or, in markets outside of Japan, a 1.0-liter engine. Power will be sent to the rear wheels and the architecture will be flexible enough to be sold in several other markets. Masuko didn't mention the possibility of exporting the model to North America, but our friends abroad will be able to purchase the new subcompact in 2010.

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[Source: Automotive News – Sub. Req.]