Does Mitsubishi Really Require BRL1bn Investment?

Japan's Mitsubishi Motors will invest nearly BRL1bn (US$638mn) in Brazil in a bid to increase its market share in Latin America's biggest auto market to 2% over the next four years. The move comes in view of Brazil's growth potential. BMI forecasts that annual new vehicles sales in the country will grow on average over 7.3% y-o-y between 2011 and 2015, making it the most promising market in the region.

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