SAO PAULO – Renault SA’s plans to invest in a series of new models to expand its presence in Brazil is welcome news for its local operations here. Pierre Poupel, president of Renault in Brazil, says there has been “a high level of frustration” in the Brazilian company’s results. “Without investments in new products, it is very hard to win market share,” he says. The French auto maker currently produces the Clio, Scenic and Master van here. Its passenger-car sales in Brazil in 2005 fell ...

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