Peugeot pushes to be Brazil's No.5 automaker SAO PAULO — Peugeot SA wants to be the No.5 automaker in Brazil by 2003. The French automaker will build and sell 23,000 vehicles in the country this year and 100,000 in three years, for 5% of the market. Peugeot hopes to grab customers from Brazil's traditional automakers. Among them, Volkswagen AG, Fiat SpA, General Motors Corp. and Ford Motor Co. have seen their market share decline from 93.9% in 1997 to 87.2% in 1999. Additionally, Peugeot ...
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