Mitsubishi updated the five-door Colt in 2004, improved it in all areas, and added three new engines to the lineup and two limited-edition versions.
The Japanese carmaker developed the five-door Colt and Mercedes-Benz and shared its platform with the European SMART FourFour. Its bullet-shaped bodywork kept the original design lines, but the carmaker enhanced it for a more striking look.
At the front, the Colt featured a new grille with plated-finish top and bottom edges. It also sported a new bumper design which gave it a sportier appearance. At the rear, the lower side of the windscreen received a new design, which gave Mitsubishi's logo a greater prominence. The carmaker also installed the taillights upper, making the car more visible from behind. The Ralliart version got a roof-spoiler and different light-alloy wheels.
Inside, the Colt received different instrument clusters, depending on the trim level. While the base levels got black dials and red needles, the Ralliart received white dials. A 2-DIN audio system incorporated a small navigation display on the center stack, which was not available before. A significant change was for the steering system, which was electrically assisted instead of hydraulic. As a result, it became more accurate and increased fuel efficiency.
Under the hood, the carmaker introduced three new engines: a 1.3-liter and a 1.5-liter unit with or without turbocharging. Mitsubishi offered the Colt with an all-wheel-drive system and automatic (CVT) transmission for the Japanese market.
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