I won't argue that for the most part, Mitsubishi has lost its way.
They still make the Evo. It's more or less 3/5ths of a GT-R for roughly 1/3rd the price. Legitimate competitor to the STi. If the price was right, I would buy an Evo, but it runs about $15,000 more than I'm planning on spending.
The Lancer is actually a pretty good little driver. Nice handling car. Cheap too. Same basic engine architecture as Hyundai and Chrysler so it should run for awhile. Don't know why the fuel economy is so poor.
Same basic engine in a Hyundai gets better fuel economy.
There was a time that Mitsubishi was a pretty good contender. The Galant was actually a decent driving car and usually cost less than a Camccordtima. Those 1st gen AWD Eclipse/Talons embarrassed a lot of Fox-Box Mustangs and Camarobirds. Even the lowly Mirage. You could usually get a Mirage equipped like a Civic LX for a little more than Hyundai Elantra price. Nowhere near Civic price. It was stylish....especially in 1.8 coupe form.
I think perhaps hit and miss reliability caught up with them. For every 200,000 mile Mitsubishi, it seems like there is an equivalent year model vehicle that started puking out parts at 50,000 miles.
My wife still complains about trading in her 3rd gen Eclipse. I don't get it. The 3rd gen was an unusual looking car to me. My 6 gets better gas mileage, has more horsepower, is quicker, doesn't require premium fuel, handles better, and actually has a back seat that humans can sit in.
We were talking about trading in the PT a couple of weeks ago. She found it difficult to believe that they no longer made the Eclipse. So I guess there is one Mitsubishi buyer for you. But just that one model. Just the Eclipse.