ASX 100 share price news: 2026 Mitsubishi ASX launch without hybrid in Australia

Highlights

• The European-built Mitsubishi ASX is set to launch in Australia without hybrid technology.

• The small SUV will arrive with a turbocharged petrol engine paired with a dual-clutch automatic transmission.

• Variants will include LS, Aspire, and Exceed with updated features and premium upgrades.

asx 100 share price updates are closely followed across the market, and within the automotive sector, the Mitsubishi ASX remains a key player as it prepares for a new chapter. The model sits in a category of interest for indexes such as the ASX 100, reflecting its relevance in broader industry discussions. With the arrival of the new generation, Mitsubishi is set to transition from its long-running outgoing version to a European-sourced design.

Engine and Powertrain

The upcoming Mitsubishi ASX will be equipped with a turbocharged petrol engine, shared with the Renault Captur (EPA:RNLSY). This engine will be paired with a dual-clutch automatic transmission, offering improved efficiency compared to older non-turbo powertrains. The absence of hybrid technology in the Australian lineup distinguishes it from certain overseas markets where hybrid and mild-hybrid systems are offered.

Variants and Design Features

Three main variants are expected: LS, Aspire, and Exceed. Each variant will feature distinct design elements, including alloy wheels of varying sizes. The Aspire and Exceed trims will include upgraded features aligned with premium styling, while the LS provides a more accessible option with essential specifications.

Interior and Technology

Inside, the new ASX will include a central infotainment display, audio enhancements, and active safety technologies. Standard inclusions are expected to feature touchscreen connectivity, a modern instrument cluster, and convenience features such as keyless entry and climate control. Higher variants may benefit from advanced additions like a digital driver display, surround-view cameras, and enhanced audio systems.

Warranty and Support

The model will continue to benefit from Mitsubishi’s dealer-backed warranty program, which extends long-term coverage compared to other brands. This positions the ASX with strong after-sales support, making it a practical choice within its competitive segment.

Market Transition

The previous Mitsubishi ASX, which had been produced for many years, has now reached the end of its cycle in Australia. The transition to the European-built model signifies a fresh approach by the company as it aligns with global production strategies. This change also places the ASX closer in specification and design to its Renault counterpart.

Position in the SUV Segment

While hybrid SUVs are gaining traction in the market, Mitsubishi has opted to focus on a turbo-petrol engine for the Australian version of the ASX. This decision reflects a balance between efficiency and performance without relying on hybridisation. Competing models in the same category increasingly lean on electrified drivetrains, setting the ASX apart as a conventional alternative.

Expected Equipment Levels

Based on European specifications, the Australian lineup is likely to feature multiple comfort and safety inclusions. This may range from advanced infotainment systems to premium finishes in the upper trims. Features such as wireless charging, heated seating, and adaptive driver assistance are anticipated for higher-grade variants.

Industry Outlook

With production of the older version discontinued, the arrival of the new model is timely for Mitsubishi. The updated ASX is positioned to strengthen the brand’s small SUV presence, alongside other models within the group including the Eclipse Cross and vehicles under the Renault banner. As the SUV category remains one of the most competitive in Australia, the refreshed ASX is expected to play a significant role in maintaining Mitsubishi’s market presence.