FORECAST: Brazil now fourth; 6m units by 2015
Roland Berger, 72, president and founder of the German consulting company, was in Brazil in mid-March, to present his market growth forecasts. And he predicted, as also forecast by other analysts, that Brazil this year will become the world's fourth largest new vehicle market, ahead of Germany. Ford CEO Alan Mulally, in Brazil last week, is just as confident. He was here last week to increase previously announced investments from US$2.2bn to $2.4bn for the period 2011 through 2015.
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