The Mitsubishi FTO, is a front engined, front-wheel drive coupe produced by Mitsubishi Motors between 1994 and 2000. It was originally planned to be exclusively for the Japanese domestic market, although its popularity as a grey market import to the United Kingdom, Ireland, and New Zealand led to eventual limited distribution through Mitsubishi's official dealers in those countries. Upon its debut it won the Car of the Year Japan award for 1994–95. In Japan, it was sold at a specific retail chain called Car Plaza.
FTO stands for "Fresh Touring Origination". The name recalls the Galant FTO coupé of 1971, one of the company's first sports cars.
The only body style was a 2-door coupé, and all FTOs were front wheel drive although many wish the car was produced rear wheel drive due to the fact that the front wheel drive lacked in handling and performance. They were Either a straight-4 or a transversely mounted V6 engine was available, mated to either a 5-speed manual or INVECS-II semi-automatic transmission. Earlier (pre-facelift) auto models had a four-speed version, whilst the post-facelift versions had a five-speed.
Source: Wikipedia (original)