Three Japanaese carmakers - Mitsubishi Motors Corp., Honda Motor Co., and Toyota Motor Corp. will release flex-fuel cars in Brazil.
About 80% of Brazilians buy flex-fuel cars.
Mitsubishi motors will roll out its version this year and then commercialize them in 2009.
Honda already has a flex-fuel version, including the FIT subcompact.
Toyota will release a flex-fuel Corolla this Spring.
The rest of the world is far behind Brazil in producing, distributing and using flex-fuel.
It doesn't matter to Japanese carmakers. They will make cars to run on whatever, wherever.
Meanwhile, American automobile makers will continue to restructure.
What do you think?
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