SAO PAULO – Ford Brasil Ltda. confirms it is developing a new vehicle jointly with engineers and designers from the U.S. Ford Motor Co. earlier indicated it had plans for a new small cross/utility vehicle and speculation has been it would be based on the Brazilian-built, Fiesta-based EcoSport. (See related story: Ford: Small-Vehicle Plans Not Reaction to Gas Prices) Barry Engle, president of Ford Brazil, says the vehicle will be focused solely on the American market. “It will be a car ...

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