Mitsubishi ASX vs Volvo C40
What's the difference?

Mitsubishi ASX

$37,740 - $46,490

2026 price

View pricing & specs

Volvo C40

$34,990 - $49,990

2023 price

View pricing & specs

Chery Tiggo 8 PRO MAX

Land Rover Discovery Sport

Mercedes-Benz G-Class

Mercedes-Benz GLA-Class

Mercedes-Benz GLC-Class

Mercedes-Benz GLE-Class

Mercedes-Benz GLS-Class

Mini Countryman

Mitsubishi Eclipse Cross

Mitsubishi Outlander

Mitsubishi Pajero

Mitsubishi Pajero Sport

Summary

2026 Mitsubishi ASX

2023 Volvo C40

By Tim Nicholson

By Tom White

Safety Rating

Engine Type

Inline 4, 2.0L

Electric motor type

—

Fuel Type

Unleaded Petrol

Vehicle type

—

Fuel Efficiency

7.6L/100km (combined)

Electric range

—

Energy consumption

—

Battery capacity

—

Seating

Likes

Flexible, practical interior
Sprightly turbo engine
Fun to drive

Great charging and range
Two well specified variants
Impressive driving performance

Dislikes

Base LS missing several features
Temporary spare wheel should be standard
Much more expensive than previous ASX

Single motor not as good value
Seats could be more comfortable
Rear seat space compromised

2026 Mitsubishi ASX Summary

For 15 years the Mitsubishi ASX has been one of the most popular SUVs in Australia. Well into its life cycle, it maintained strong sales thanks to keen pricing and a reputation for reliability.

The second-generation ASX is finally here, but it’s a very different proposition to the original.

For starters, the new model is a twin of French brand Renault’s Captur small SUV. That model is not currently sold here, so Mitsubishi has clear air, for now.

Secondly, it’s no longer cheap. Pricing puts this new model into the high-$30,000 section of the segment, but it also gains modern tech and specs.

Whether buyers care that the ASX has gone upmarket remains to be seen. But we attended the Australian launch to see if French flair has improved the ASX formula.

View full pricing & specs

2023 Volvo C40 Summary

Throughout its history Volvo has been known for a lot of things. Being a safety leader, dorky but endearing station wagons, ‘bloody Volvo drivers’, and more recently, a trailblazer in minimalist premium design.

The C40 is the first step in a next chapter for Volvo, with the brand wanting to be known next for its leadership in the electric space. For the first time for Volvo, it’s a fully electric offering

But in a world of Teslas, Polestars, and Mercedes Benz EQs, where does the C40 sit, and is it worth considering in an increasingly congested premium small SUV space?

We went to its Australian launch to find out.

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Deep dive comparison

2026 Mitsubishi ASX 2023 Volvo C40

Verdict

There is no question the new ASX is a much better car to drive than the model it replaces. This one is actually fun behind the wheel. The tech represents a massive upgrade, so too does the interior design and practicality. The fact is, it’s a much more expensive car than the old ASX. It is a European built and designed small SUV with loads more tech and features so when you consider that, the pricing makes more sense.

Regardless of the previous model, this new ASX impresses. It’s not perfect - the LS is missing too many items, no hybrid, slightly firm ride - but it’s now a genuine rival for higher quality rivals in the small SUV segment. If the ASX is in your price bracket, it might be time to add it to the consideration list.

Verdict

The C40 becomes a compelling option in the electrified small SUV space, offering a premium look and feel, great range and tech inclusions at the price, as well as awesome on-road dynamics.

Its main downsides are the rear seat, which is compromised by its platform and design-led roofline, and the overwhelming power and added traction of the dual-motor makes the single motor less attractive on the value front.

Still, regardless of variant chosen, the C40 looks to offer a stand-out balance of price, range, and performance, against its traditional rivals and newcomers alike.

Mitsubishi ASX vs Volvo C40 What's the difference?

Summary

Deep dive comparison

Verdict

Verdict

Mitsubishi ASX vs Volvo C40
What's the difference?