According to a report by SankeiBiz, Honda's president, Takanobu Ito, has stated that Honda is studying the introduction of the upcoming Brio (earlier post) in Brazil.
The new small car is going to be launched in India and Thailand next year, but since the market in Brazil is rapidly expanding and Honda's share has remained to around 4%, Honda wants to penetrate better to the market. New vehicle sales in 2009 increased by 11.9% reaching 3.2 million cars.
The new small car is going to be launched in India and Thailand next year, but since the market in Brazil is rapidly expanding and Honda's share has remained to around 4%, Honda wants to penetrate better to the market. New vehicle sales in 2009 increased by 11.9% reaching 3.2 million cars.
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