Well it looks like what will be the Lancer in Oz. And they are doing a 4wd turbo version *apparently* that will compete directly with the WRX. As far as I've heard/read etc, they will be doing a Ralliart Lancer, or I have heard there may be the return of GSR, but I doubt it.
I would say Ralliart Lancer would be they way they'd go. Looks farkin hot though, except the back...the backs look like an alfa rip off.
Compared with the absolute rubbish Mitsubishi has been making for the last 6 years, I think its awesome! Can't wait to see what they'll look like with aftermarket kits on them
Being the lancer, I think Mitsubishi would question the validity of releasing more than one performance version when they already have the Evo X. Would be fantastic to see them release a new larger engined AWD turbo wagon though
There is a definite market for the ralliart lancer as well as the Evo. wrx's are still extremely popular and there not really much else in that segment of the market. The Mazda 6 MPS would be the closest but it's too expensive, you can buy an STI or an Evo.
Also, the Evo competes against the STi, not the standard WRX. So Subaru have their top of hte line performance model and their budget performer of the same car. The system works very very well. Mitsu should've been doing it ages ago.
The only problem I see is that they're still using the 4cyl. I would've been happier if I saw them working on a harder performing 6A13TT.