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51 AutoData | October 2018 Our goal is to sell 20 thousand vehicles produced in Jacareí and 14 thousand produced in Anápolis. Márcio Alfonso Closing 2018 Closing 2019 Total market 2,6 million Total market 2,7 million Market company 9 thousand Market company 34 thousand GDP 1,4% GDP 2,5% 1 US$ = R$ 3,80 1 US$ = R$ 3,70 Selic (interest rate) 6,5% Selic (interest rate) 8% Inflation 4,05% Inflation 4,11% In addition to that, Chery’s parts distribution center will have a new address, in Barueri, SP, “to offer greater agility and a high level service”. Alfonso’s projection for the total Brazilian domestic market is of 2.6 million units in 2018, of which 9 thousand belongs to Chery. For 2019, the company’s estimate is much more ambitious: to reach 34 thousand Brazilian vehicles sold, 20 thousand produced in Jacareí and 14 thousand in Anápolis. The strategy will be to attack especially the market range from R$ 60 thousand to R$ 80 thousand: “There are customers at this purchase power range that are actually buying”. In the general market, Alfonso believes, he will see a “not too big” growth in 2019. The reasons, he listed, are in the macroeconomic challenges, the exchange rate and the unemployment: “We are going through a difficult period, but we believe in improvement”.