Hyundai aims to overtake Ford in Brazil sales

Newswire

* Hyundai wants to overtake Ford in Brazil by end-2013 * Competition heating up for big players in Brazil market * Hyundai aims to compete with popular Gol, Palio models By Alberto Alerigi Jr. PIRACICABA, Brazil, Feb 25 (Reuters) - South Korea's Hyundai Motor broke ground on its first production factory in Latin America on Friday, announcing ambitious plans to overtake Ford Motor Co. as the fourth biggest player in Brazil's buoyant auto market by the end of 2013. The Asian ...

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