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38 April 2018 | AutoData INVESTMENTS » JAC MOTORS J ac Motors plant foundation stone ce- remony in Camaçari, BA, November, 2012: the mayor defines the event with the popular local saying “The more goat, themore baby goat”, that is: one thing pulls another, raising the importance of the original fact. More than five years later, we have not seen a single goat’s hair, much less a baby goat. And the scenario so far does not point to something very different from that. The Jac Motors factory in Brazil is in- By Marcos Rozen, Caio Berdnarski collaborated Neither a goat nor a baby goat After fifteen changes of plan in seven years the local Jac Motors factory continues to skid in a quagmire of undefinitions volved in a real imbroglio, a seemingly complicated solution. And it all gets more blurred by its local representative, Grupo Sherpa, by Sérgio Habib, to have changed the plans in a representative way no less than fifteen times in this period (see table on page 42). Those changes have led to the col- lection of two debts which the amount is unknown, but certainly large. The Federal Government and the State of Bahia char- ge Jac Motors for the return of incentives Disclousure/Jac Motors
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