"Banksia" parking brake (developed by PBR), some 10 to 20 percent lighter and cheaper than conventional systems at the time. The Verada was available as an Ei or Xi model, only available with the 3.5-litre V6 (which produced and ) mated to an automatic transmission. Its highest specification again formed the basis of MMAL's export programme, becoming the sole Diamante for all world markets except Japan, where a Japanese-built Diamante remained available. Mitsubishi planned to export 25,000 units per year to 18 countries. In its biggest market—the United States—the Diamante was positioned to compete in the "near luxury" segment. In New Zealand, the V3000 badge was retired and the new Diamante sold there consisted of rebadged Australian models of both the Magna and Verada, instead of Diamantes with exclusive specifications for all other world export markets. The Executive was the entry level model that featured: power steering, four-speaker sound system, power mirrors, remote boot and fuel filler release, central locking and an engine immobiliser. The Altera model, which was a mid-entry level model, added: air-conditioning, power windows and cruise control. Options included: airbags for driver and passenger, ABS, a CD player and alloy wheels. Subsequent additions to the model range included the Advance (safety-package) and the Altera LS (mid-luxury package), which featured ABS, airbags, CD player and alloy wheels as standard. The TE series was launched with an initial palette of eight colours. Four were carried over from the previous TS Magna (i.e. Paris White, Calypso Red, Arctic Blue, and Maderia (maroon)) and another four were newly introduced (i.e. Silverleaf (silver), Kashmir (light beige), Greenstone and Embassy (charcoal grey)). A short-lived Olive Green colour was made available late production in the TE/KE production and Atlantis Blue (dark sapphire blue pearl) was unique to the Verada. The TE and KE series were the most aerodynamic car produced in Australia with a . This achievement was due to a sweeping roofline (which, however, compromised rear headroom) and such things as "flag" external rear-view mirrors, fixed to independent door posts instead of being more traditionally mounted directly on the front door A-pillar triangle. A wagon version was launched in March 1997, with a , but was quickly replaced by the TF series equivalent three months later. TF / KF The TF/KF series was introduced in June 1997. Magna's range consisted of five models: Executive, Advance, Altera, Altera LS and Sports. The 2.4-litre four-cylinder