The President of Fiat/Chrysler Group, Sergio Marchionne, and the President of the Brazilian subsidiary, Cledorvino Belini, announced yesterday the President Dilma Rousseff over $ 9 billion in investments in the country. Along with the contribution that was already being applied by the group, the total rises to $ 15 billion in the period 2013 to 2016.
Part of the money will come from resources generated by Fiat-the Brazil is the biggest market, ahead even of Italy-and part of lines of credit from institutions such as the Banco Nacional de Desenvolvimento Econômico e Social (BNDES).
Will be applied in all projects of the Group: Fiat automobiles, Iveco trucks, CNH (agricultural machinery), Magneti Marelli and Teksid (auto parts and services) and the motor unit.
After hearing with Dilma, which lasted 1:15, Marchionne and Belini left the Presidential Palace without speaking to the press. The global Executive arrived in the country on Saturday, participated in internal meetings and just yesterday I travelled to Argentina, where participates in today's inauguration of a factory of CNH.
Jobs. the company did not give details of the plan. In a statement, reported that the investment will be aimed at projects of innovation, development of new products and technologies, improvement of logistics and manufacturing processes, expansion of production capacity and construction of new factories and production lines.
According to the advice of Fiat, the investments will create 7.7 thousand new direct jobs, in addition to 12 thousand indirect, "mostly from suppliers that will expand its production capacity to meet the demand of the group".
Fiat currently employs about 50 thousand workers in the country, of whom 19.2 thousand on a car in Betim (MG), which will have its capacity increased from 800 000 to 950 thousand cars per year.
One of the cars to be manufactured in Betim, and that should consume part of the new investment, is the compact that will replace the Mille. The model will be manufactured at the end of the year.
Fiat is also building a new car plant in Goiana (PE), with inauguration planned for the end of 2014. Will have the capacity to 250 thousand vehicles a year and will generate 4.5 thousand direct jobs.
The Group had already announced a $ 10 billion plan for the period 2011-2014, designed especially to two car units. Of this amount, r $ 4 billion has already been spent. The $ 6 billion other add up to new project, extended until 2016.
Fiat is leading sales in the Brazilian market. From January to April sold 248,440 vehicles, ensuring participation of 22.5% in the segment of car and light commercial.
New factories. The Brazilian auto industry as a whole has programmed investments of r $ 60 billion (including auto parts companies) for the period 2013-2017. Much will be spent on new technologies and products to meet the requirements of Innovate-Auto, program launched by the federal Government in 2012 to be met in five years.
Some of the requirements are the reduction of polluting emissions of new cars and nationalization of components.
A wave of new manufacturers studies install factories in the Country. BMW announced a plant in Santa Catarina, a project budgeted at 200 million.
Mercedes-Benz has plans to produce cars in the country and deals with areas for the States of Santa Catarina, São Paulo, Minas Gerais and Espírito Santo. Audi also is studying a local factory, as well as the Land Rover.
General Motors, which already has three plants, negotiates a $ 2.5 billion project for the São José dos Campos (SP), but negotiates benefits with the local City Government and the State Government, as well as guarantees of flexibility of labour relationship with the Steelworkers Union.
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