Mitsubishi Brazil, a 100% national carmaker
The factory, which is in the midwestern Brazilian state of Goiás and cost around US$ 100 million, produces brand models under a license from the Japanese group. It belongs to businessmen Eduardo Souza Ramos and Paulo Ferraz, who have been working in the area of production and sale of automobiles for decades. The company produces up to 23,000 units a month and had revenues of approximately US$ 620 million in 2004.
By Mark Ament
