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Due to continued pressure from the alliance, Mitsu
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Recently, according to foreign media reports, under increasing pressure from Renault and Nissan’s partners, Mitsubishi is on the verge of changing its decision to withdraw from Europe. Last July, Mitsubishi Motors stopped launching new models to Europe as part of the company’s shift to more profitable Asian markets. Under the new "small and beautiful" business strategy, the Mitsubishi plans to reduce fixed costs by 20% within two years and "increases operating profits by reducing the size of profitable companies."(More in autofun: [Link removed - login to see]