AD_MAGAZINE_349

52 October 2018 | AutoData By Leandro Alves FCA believes that all sales in Latin America, except Mexico, may reach 5 million units in the next three years MANUFACTURERS/LIGHT VEHICLES » FCA F CA is working hard to get to the next decade with a new vehicles’ cycle on offer. For a simple reason: it believes in the evolution of the markets of Brazil and Argentina in the coming years. Antonio Filosa’s positive assessment, president for Latin America, is based on a global business environment “better than in other years” and on the toughness of the world’s strongest economies, which drive global GDP. These factors help the emerging countries of the region, he believes: “We could have both markets with faster pace, if it wasn’t for the political and local macroeconomic uncertainties.” In Brazil, Filosa understands that it is difficult to close sales at 2.5 million this year: “2 million 450 thousand units at most, even though the last months have traditionally been stronger”. Until 2019 the result should be 5% to 10% higher than in 2018, he estimates. Argentina’s initial expectation was a market of 900 thousand or even 1 million units in 2018. But FCA’s evaluation is that the crisis caused the automotive industry to lose 200 thousand units only in this second semester: “I believe that by the end of the year we will not surpass 760 thousand, 770 thousand units.” But Filosa is excited about the other countries in the Latin American region, which can add up to 800 thousand to 850 thousand units this year: “All markets from Tierra del Fuego to the Mexican Perspectives 2021 Disclousure/FCA