Mitsubishi plans to launch the Lancer Cargo next year in Japan, which is said to be the rebadged version of Nissan ADvan. The Cargo unlike the misleading name suggests is not only focused to be a parcel van but also to be a spacious Family Station wagon.

Ahead of the Bajaj ULC launch, it appears like Japanese Automaker Mitsubishi will cook up a Tata Nano challenger. Mitsubishi, who came under the spot light in India after cars like the Lancer and Pajero, had earlier this year announced plans to board the low cost car territory in markets like India and China.

Mitsubishi will be able to develop this car in a short period of time as its underpinnings will be borrowed from the i-car, a sub compact which is sold in the Japanese market.

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