In 2014, Mitsubishi unveiled the all new L200 which went on sale in early 2015 (Asia Pacific) and late 2015 (Europe and the Caribbean). It is powered by a new 2.4-litre diesel engine. Since 2015, the current generation L200 shares the same underpinnings as the newly rebadged Fiat Fullback intended for the European and Middle East markets. Fiat Chrysler Automobiles currently has no plans to introduce the Fullback in the North American market due to the U.S. chicken tax as well as the introduction of the Jeep Gladiator, based on the fourth-generation Jeep Wrangler SUV. For the 2017 model year, Ram Trucks rebadged the Triton as the Ram 1200 for the Middle East market.
In addition, due to being plagued by the previous-generation Triton's critical failure in Japanese market (in contrast to its overseas success), in addition to having heavy excise duties for pickup trucks there, Mitsubishi Motors currently has no plans to bring the current Triton to their home market.
The Triton was refreshed for the 2019 model year at the 2018 Thailand International Motor Expo in Bangkok, Thailand. This update consists of new front fascia, which is inspired from the Pajero/Montero Sport, Eclipse Cross and Xpander, new teardrop taillight design treatment as the Pajero/Montero Sport, and slight changes in the interior for some variants. This model also received a rear air circulator located at the interior roof.