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13 AutoData | July 2018 Will these 100 thousand units be reco- vered in 2019? In the emerging markets the reactions are always stronger, positive and ne- gative as well. I understand that in 24 months you can think of a recovery, but it will depend on what will happen there for the next three to six months. Fiat was the market leader in Brazil for ten years. When do you estimate this recovery, without Jeep? We are leaders as FCA, this was a plan- ned and built objective. Fiat is the brand that had the best growth in retail from March. If we only consider Fiat in 2020 we can take the lead again. Our goal is to make FCA the regional market lea- der, not only in Brazil. In Argentina, this year, we are already in the Top 3 and closed last year very close to it. In the other Latin American countries FCA is gaining market share, we are close to 3% and we have the ambition to grow throughout the year. the Fiat brand in Brazil. Will it remain or Fiat will go back to compete harder in the entry segment? Some Fiat’s precepts will never change, such as the Italian style design, the au- dacity, the innovation. We will not leave the entry range of the market, but we will advance more in other segments of the market. What is your expectation about the future, especially because of the pre- sidential election in October? I hope that the Brazilian political leader- ship understands that a country in sear- ch for evolution and development must pay attention to the markets, the indus- try, and we are open so it happens. The Brazilian has guts, motivation, always stands out in global teams, competen- ce. A policy directed to the market can help boost these improvements. “In Argentina we estimated a domestic market of 950 thousand units and now we see something from 850 thousand to 900 thousand. Part of these 100 thousand lost vehicles would come from Brazil.”