(August 19, 2013) CYPRESS, Calif. — Mitsubishi today announced that the company's all-new 2014 Mitsubishi Mirage 5-door sub-compact — the most fuel-efficient non-hybrid gasoline-powered vehicle available in America with an EPA rated fuel economy of 44 mpg highway — will have a starting price of $12,995.

The all-new 2014 Mirage offers best-in-class fuel economy with an EPA rating of 37 mpg city/44 mpg highway/40 mpg combined for CVT-equipped models. The 5-speed manual transmission model delivers an EPA fuel economy rating of 34 mpg city/42 mpg highway/37 mpg combined.

Mitsubishi says major contributors to the new Mirage's outstanding fuel efficiency are its exceptionally clean exterior with its very low 0.28 drag coefficient, an engine equipped with the latest version of Mitsubishi Innovative Valve timing Electronic Control (MIVEC) variable valve-timing system, and electric power steering.

Every 2014 Mitsubishi Mirage is equipped with a comprehensive list of advanced safety features including a seven air bag Supplemental Restraint System, active stability control with traction control, tire pressure monitoring system and hill start assist.

For the starting price of $12,995, Mitsubishi says standard equipment of the Mirage DE model includes automatic climate control, keyless entry with panic alarm, sporty-looking rear spoiler, piano black center console trim, auto-off halogen headlights, and rear heater floor ducts.

For only $1,200 more, the Mirage ES model includes all of the standard features from the DE trim level while adding FAST (Free-hand Advanced Security Transmitter)-key passive entry, One-Touch Start/Stop engine switch, Bluetooth hands-free phone system, steering wheel-mounted cruise and audio controls, 14-inch alloy wheels, leather-wrapped steering wheel and shift knob, fog lamps, silver interior accent trim, and other features.

What's more, an available Navigation Package adds helpful features including a SD card-based navigation system and rearview camera system.

The Mirage will feature a 1.2-liter three-cylinder engine generating 74 horsepower and 74 pound-feet of torque. The Mitsubishi Mirage is a bona fide subcompact, longer than the Chevrolet Spark but shorter than a Mazda 2 or Ford Fiesta.

Mitsubishi claims the Mirage will get to 62 mph in 11.7 seconds with the manual transmission and 12.8 seconds with the CVT.