Having become part of the Renault-Nissan Alliance, Mitsubishi is now considering reviving the Colt nameplate on an upcoming B-segment hatchback.

If it gets approved for production, it could arrive in the next five years. It’s something that’s already on the table, and would need to sell over 100,000 units worldwide to justify its development costs.

In fact, Mitsubishi is so serious about it that its Sales and Marketing chief for Europe, Guillaume Cartier, confirmed at the Geneva Motor Show that they’re “working on” such a car, Autocar reports. “It’s a question of what is needed”, commented Cartier, adding that “when we have this association [with the Colt name], we must make sure the car’s personality suits it.”

Nevertheless, the Colt name is only one of three possible choices when it comes to the rumored supermini, but given that Mitsubishi’s hatchback used to be called the Colt until it was replaced by the Mirage/Space Star in 2012, it is the most likely candidate.

As for its underpinnings, there’s a new generation Renault Clio that’s expected to be launched later this year. As a result, the two cars will likely share the platform along with the Nissan Micra.

Additionally, this architecture is rumored to be adopted by Dacia, too, with a first model tipped to launch in late 2019 or early 2020 in Asian market, with the same body as the current Duster.