Sales of the Fusion sedan took off to the point that ... a new option for consumers," said Marcos de Oliveira, president of Ford Brazil and Mercosur. "It is a modern product that brings to the ...

Claiming to be “surprised” by Ford’s decision, Vice President Hamilton Mourao said only that the company “made a lot of money” in Brazil and that it could have delayed its exit.

Ford’s president for the Americas, told reporters at the announcement in Brazil. “We’re investing because we want to continue to grow and to improve our competitiveness.” Ford has sold ...