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CONFIRMED: New Mitsubishi Triton coming in 2022! Nissan Navara twin to lead product assault that includes new Pajero Sport, Eclipse Cross PHEV, Outlander

An all-new Mitsubishi Triton will be on the road in 2022 as the brand looks to bounce back from devastating financial results with a new product attack on our market.

Today, Mitsubishi confirmed it would stop selling new vehicles in Europe, with the brand instead focusing on what it considers it strongest markets, including Australia and the Asia Pacific region.

And one of the chief vehicles in that plan will be an all-new Triton, which the brand has confirmed will appear in the 2022 Japanese financial year, which begins April 1, 2022.

It forms part of the Small But Beautiful business plan, which seeks to reduce the operating loss of 140 billion yen ($1.8b) expected when the Japanese financial year ends in March 2021 - the company's biggest loss in more than 15 years. The focus, says Mitsubishi, will be on "providing our reliability through 4WD and off-road performance".

"We will shift our strategy from all-round expansion to selection and concentration," said Mitsubishi CEO Takao Kato. "First of all, we will complete our structural reforms and further strengthen our competitive areas - ultimately to build a corporate structure that can surely generate profits during this mid-term period.:

We know that the next-gen Triton will share its platform with the Nissan Navara, and while it was initially thought that would look similar, too, we now understand each ute will get a unique design treatment.

But while the appearances might be different, the important stuff won’t be, with engines, transmissions, drivetrains, steering and suspension to be shared across the vehicles.

According to the plan, a plug-in hybrid Eclipse Cross will be first to arrive. And we know already that a new Outlander will be launched next year, with the brand promising it “will be the quietest and best-equipped Mitsubishi ever sold in Australia... with a bold, aggressive and distinctive appearance... that will surprise many".

But we now also know that it will be followed by a new plug-in hybrid version, with a new Outlander PHEV set to launch in 2022. The brand is promising the new model will "further refine our PHEV technologies".

And the run isn't over yet, with a new Pajero Sport currently earmarked for a 2023 launch, along with two as-yet-unnamed "all-new models". Details on the new model remain thin on the ground for now, but with the Pajero Sport considered a halo model for the brand, fans will be thrilled to hear it will live on.