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12 FROM THE TOP » ANTONIO FILOSA, FCA July 2018 | AutoData technology, innovation, products and capacity. I think we’re close, getting closer and closer. But, then: no Rota 2030, no investment? We did not get a signed check with the value of the investment but a business plan that based on these assumptions. If the premises are changed the business plan changes as well. Within the FCA’s plan how many laun- ches are expected? Twenty-five, in Brazil and Latin Ame- rica. Some with local production and others imported. Some will be comple- tely brand new products, from scratch, and some completely renovated that will keep their names, such as Mobi. We will have a new Mobi. The vehicles will be heavily renewed. What about Argentina? There was a very strong devaluation of the peso, which generated strong exchange rate instability and led to a negotiation with the IMF. Argentina has a political leadership very oriented to marketing, headed by the president Maurício Macri, who has good global credibility for his entrepreneurial past, is a politician of important business vi- sions. This allowed Argentina access to US$ 50 billion in credit, eleven times the amount the country would have been allowed in the IMF. It is a historical negotiation. We believe that this fact, combined with a new set of political and economic interventions, will help restore the stability that the country has lost in the last six months. As an immediate impact we reduced our projections: in October of last year we believed in a domestic market of 950 thousand units and now we see something from 850 thousand to 900 thousand units. A good part of these 100 thousand lost vehicles would come from Brazil, and therefore an impact should occur here as well. always possible. But it is possible to get close to that. What are your market projections? For this year 2 million 480 thousand cars and light commercial vehicles. In 2022 it will reach 3 million, always with a faster growth in SUVs, which will reach more than 15% share in Latin America. That is why we will need more capacity in Goiana, since we are already operating at maximum. In your opinion will Rota 2030 be rele- ased this year? Rota 2030 represents exactly one of those good convergence conversations we participated in and one of the in- vestment premises. We designed this investment based ourselves exactly on these assumptions. We are close to them, and not only those of Rota 2030. When the premises are completely ful- filled we will implement this investment. I am optimistic and I believe that the premises will not change. If they change, we will need to understand what kind of impact it will have, and we have not done anything in this direction yet. I am sure that the vision of governments and companies is towards industrial deve- lopment and, optimistically, I believe that we will realize this investment in “There is no industry like ours, very intense in terms of investment, which is not based on location. Otherwise you invest in factory capacity and still spend money on logistics inefficiencies.”