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43 AutoData | April 2018 August 2013 Jac Motors announces that Valeo and Usiminas will be suppliers of the plant. Inauguration goes to the first trimester of 2015. September 2013 Jac Motors announces that it already has seven local suppliers with a signed contract, who will jointly invest R$ 120 million in expansion of current production lines or new plants, generating in all about 450 jobs. May 2014 Habib announces that the investment ratio, now estimated at R$ 1 billion, has reversed, to 66% for the Chinese and 34% for the SHC Group. Inovar-Auto’s annual license is not renewed by the MDIC. February 2016 Habib says he will run the factory without the Chinese partners, paying for technology transfer. The product becomes only the T5, mounted in CKD, the productive capacity drops to 20 thousand units/year and investment drops to R$ 200 million. Inauguration begins at the beginning of 2017. March 2016 Habib says that the factory will no longer be installed on the land in Camaçari but in a shed already leased in the same city. Prediction of commercialization of the national T5 for the first trimester of 2017. April 2016 Government of the State of Bahia resumes the land that had yielded to Jac Motors and transfers it to another industrial enterprise outside the automotive sector. May 2016 MDIC announces that the authorization of Jac Motors has been definitively canceled, which implies in the collection of the IPI plus 30 percentage points plus a fine. December 2017 Habib announces that the factory will be built in Goiás. Investment kept at R$ 200 million to produce two SUVs, one of them the T40, within 24 months. The government of Bahia says it will collect in court the tax incentives granted. November 2014 Inauguration begins in the first half of 2016. Until then civil works in Camaçari have not even begun. December 2014 Habib gives up the trucks and announces that the factory will first produce the national version of the J3 and then a compact sports utility. April 2015 Inauguration goes to “end of 2016 or beginning of 2017”, says Habib. Line to be produced passes the national J3 and then two SUVs, T3 and T5.

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