Stylistically, the Grand Lancer is clearly related to the vehicle still available in Australia, but features a more angular design up front complete with the company's Dynamic Shield treatment.
Along the side, the company's designers have given the rear window a slight uptick, and scalloped out a C-shaped section from the doors and fenders.
At the rear there's a much more aggressive bumper design, LED tail-lights, and a number plate housing that's been relocated to the boot lid.
On the inside, the dashboard and door panels have been completely redesigned with a new larger, more tightly integrated touchscreen infotainment system, plainer instruments, and faux leather elements with contrast stitching.
Motivation comes from a 1.8-litre four-cylinder engine with 103kW of power and 176Nm of torque. Drive goes through to the front wheels via a continuously variable transmission.
In addition to Taiwan, reports indicate that the Grand Lancer will be sold in various markets throughout Asia.
Karl Gehling, head of corporate communications for Mitsubishi Motors Australia, has informed CarAdvice that there are currently "no plans" to offer the Grand Lancer update in Australia.
Earlier this year, Mitsubishi Motors USA confirmed that 2017 would be the final year for the Lancer in the States. In response to enquires from CarAdvice, Mitsubishi Motors Australia confirmed that "globally, Lancer production will continue and in the Australian market sales of the Lancer will go beyond 2017".