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Mitsubishi will leave the European and UK markets but isn't forsaking the U.S. yet
Mitsubishi is telling dealers in Europe and the UK that the company will exit those regions, according to Automotive Management Online. The withdrawal is part of the Japanese firm's effort to leave so-called "megamarkets," where Mitsubishi has struggled to survive, and distill its global footprint to less competitive areas with greater potential for profit. Despite this move, however, it appears that Mitsubishi hasn't entirely forsaken the U.S. market; in fact, it seems determined to maintain a stateside presence.