Mitsubishi Motors Corp. on Thursday revealed its new XM Concept crossover at the Gaikindo Indonesia International Auto Show.

The XM Concept denotes X for crossover and M for multipurpose vehicle (MPV). Mitsubishi considers the vehicle a combination of the power, design and utility of a SUV with the spaciousness and comfort of an MPV.

The model will enter production at the company's new plant in Indonesia in 2017. It will be a rival of best-selling models such as the Toyota Avanza, Daihatsu Xenia, Suzuki Ertiga and Honda Mobilio.

Mitsubishi Executive Vice President Kozo Shiraji said about 60 percent of vehicle demand in Indonesia was for MPVs. The automaker believed this "will increase rapidly."