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4 1.14 to 1.19.2019 The production came to a halt so that the factories are prepared for the arrival of new vehicles. Some models of a new global family of vehicles anchored in common platform will be manufactured in Brazil and in Argentina. The first of this new team will be launched later this year. Many are working on completing these projects and product developments beyond 2030. “By the end of the year the expectation was very positive: GMwas once again a sales leader and we knew that these new projects would lead the company to a higher level from the next decade”, said a source who evaluates Zarlenga’s e-mail as the tip of the iceberg for more cuts that will certainly come in 2019. The creation of GMMercosul, by Zarlenga himself in 2017, represented a significant downsizing of the structure. Duplicity positions were eliminated in both countries such as industrial directors, product managers, among others. Now only one executive is responsible for activities in Brazil and in Argentina. However, GM has always honored payments to employees and main suppliers, which may suggest stability in finances. On January 15, the second half of the PLR (profit sharing and results) of 2018 was paid to all employees, the amount of R$ 7 thousand. Active collaborators with more time in the company commented that it is not usual this type of communication in the company, especially by e-mail, giving the opportunity to a leak of information, which supposedly occurred. In times of restructuring the leaders were scaled to communicate their teams, keeping the secrecy inside the gates of the factories and offices of GM in Brazil. Inside Chevrolet – In the world of Chevrolet dealers in Brazil this type of difficulty is well known, admitted one of them, but kept in discretion. He observes, realistically, “that no one is willing to discuss these issues and try to ensure rights, even because the chain is gradually dying, with halved revenues in the last years.” He noted: “No one had the courage to relate the 48% of direct sales realized during 2018 with the brutal decrease in chain billing”. According to him, the advent of direct sales has “a lot of responsibility in this decreasing scenario, and recently the company has taken another 1% from the dealers’ delivery commission. All that remains is to wait for the company’s management statement regarding the course of the auto parts producers. Leandro Alves and André Barros collaborated Know it first

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