weekly_edition_865

13 1.28 to 2.1.2019 AutoData News Agency Weekly Edition is produced by AutoData Editora Ltda . Rua Pascal, 1693 Campo Belo - São Paulo SP Brazil CEP 04719-001 Phone +55 11 5189 8900 . Translation: Allex Chies. Graphic Project/Art: Romeu Bassi Neto. Associated Team: André Barros, Bruno de Oliveira, Caio Bednarski, Leandro Alves, Márcio Stéfani. Responsible previous permission are strictly forbidden. the strategic location: “We can’t confirm the city, but after the appointment release I believe that we will start working in two months to adapt the new unit and start production next year”. Recently the company has inaugurated a plant in Sao Bento do Sul, SC, where it will produce tubes that take the turbo gas to the engine to serve GEM - Global Emerging Markets, the new generation of GMmodels. Therefore, at least one of the new vehicles will have a turbocharged engine, scheduled to be launched in 2020. The unit will also work with the T-Cross and Tarek lines, the new Volkswagen SUVs which will be launched later this year, and the new projects with Renault. Last year, the company worked on the project to build a factory in Divina Pastora, SE, ending its operation at Ford’s manufacturing complex in Camaçari, BA. According to the executive, it was not possible to advance negotiations with the union, which promised to stop the factory if Cooper Standard closed its operations: “Approximately ninety employees would leave and because of that, the union hindered negotiations. For this year, the expectation is to solve the issues and start works so that the operations in Sergipe begin next year, to serve FCA and Ford”. With an eye on the construction of two factories in Brazil, the company projects growth of 25% in the year, with revenues reaching R$ 450 million. If it happens, the company will reach the breakeven point. Throughout the year, the company also intends to invest R$ 25 million in capital goods and, if it builds both factories, the value will be much higher.

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