Mitsubishi plans model overhaul

Mitsubishi plans model overhaulJapanese automaker Mitsubishi is planning a model overhaul that would involve phasing out several models in its current line-up and replacing them with new vehicles.

The Eclipse and Endeavor are expected to be gradually phased out in the next three years, to be replaced with models based on the Outlander and Lancer platforms, according to Automotive News. The change is expected to increase U.S. sales, which experienced 3 percent growth last year after a slump in 2009.

"Our sales in North America will increase. We'll still be selling cars brought in from Japan, and we'll be adding the global small car as well," said company president Osamu Masuko.

The automaker is also increasingly focusing on fuel efficiency – over the next few years, it plans to introduce an electric car and a plug-in hybrid, the news source reports.

Drivers with bad credit history who are in the market for a new car may want to stay tuned for updates about Mitsubishi's new model line. If the new vehicles are affordable and excel in fuel efficiency, they may be among the best cars for bad credit