Mitsubishi Motors Corp. on Monday unveiled a remodeled compact wagon, the firm's first new model since a series of defect coverups began surfacing in March.

"We position this new car as the first step for the revival of our domestic business," MMC President Hideyasu Tagaya told reporters. "I am convinced that the Colt Plus will definitely be well received by consumers."

The Colt Plus, a remodeled version of the Colt compact, is 4.2 meters in length, with the back end 30 cm longer to provide more trunk room, the company said.