Mitsubishi has released the first picture of its top of the range 150bhp Colt from the all-new 3-door Colt CZ3 range.

Due to go on sale in early 2005, the Colt CZ3 range, including the Colt CZT turbo charged variant, is shorter than its 5-door sister model, with a lower roofline, more sculpted body sections, wide sills, longer doors and teardrop rear quarter windows.

The CZ3 is not simply a shortened version of the hatchback, but a stand-alone model with all-new exterior panels except for the bonnet and front bumper.

The Colt CZ3 range will be available with either a 5-speed manual gearbox or the Allshift (automated manual transmission) coupled with a choice of four engines: 1.1 litre 75bhp, 1.3 litre 95bhp, 1.5 litre 109bhp petrol engine and 1.5 95bhp direct injection diesel.

The Colt CZT variant is offered with a turbo-charged version of Mitsubishi’s intercooled 1.5 litre engine, developing 150bhp and 210Nm of torque with a 0-62 time of 8 seconds and a top speed of 130mph.

The Colt CZT will make its World Premier at this year’s Paris Motor Show in September.