The Magna, like its forebear the Sigma, was based on the Japanese Galant. Input from MMAL resulted in a wider car than the Japanese donor model to suit the Australian market and to compete with the popular Ford Falcon and Holden Commodore. A station wagon variant was added to the model lineup in 1987. The Magna received several model refreshes during the 1990s including a luxury variant named Verada. However, by the early 2000s, it was clear that the Magna / Verada line, now in its third iteration had aged considerably. A facelift to the Magna / Verada line in 2003 failed to lift sales. After lobbying from Mitusubishi Motors Australia Limited (MMAL) approval for construction of a new vehicle was granted by Mitsubishi Motors Corporation. Funding was provided to reengineer the Tonsley Park plant with the result that a new vehicle, the Mitsubishi 380, was delivered to the market in late 2005.