After months of teasing and pre-launch announcements, Mitsubishi Motors Malaysia (MMM) launched the new Mitsubishi Mirage in KL this morning. Osamu Masuko, president of Mitsubishi Motors Corporation Japan, officiated the launch of the Thai-made compact car. The Mirage is powered by a new 3A92 1.2 litre three-cylinder engine with MIVEC. The DOHC three-pot unit makes 78 PS (at 6,000 rpm) and 100 Nm of torque (at 4,000 rpm), and MMM is keen to highlight the lightweight hatchback’s 21 km/l fuel consumption measured in the New European Driving Cycle (NEDC). That’s impressively close to what some compact hybrids can do. By the way, the lean and trim Mirage weighs just 825 kg, or 850 kg for the CVT, enabling Mitsu to get away with a smaller capacity engine for the Mirage, which is classified as an eco-car in Thailand. MMM says that there’s no direct competitor with a similar concept in Malaysia, but price point rivals include the Perodua Myvi and Suzuki Swift. The base G...