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7 10.1 to 10.6.2018 According to Antonio Megale, president of Anfavea, the sector intensified the search for opportunities in new markets as a way to reduce the effects of the Argentine crisis: “The automakers are trying to dilute the production that was indicated to the Argentine market to other regions. It will not be easy because you can’t do it overnight, but it’s possible. We are counting on increased inventories because of the situation”. It will not be an easy task for the industry, since the other markets which Brazil has close trade relations have been facing difficulties or trying to recover from recent losses. To Mexico, the main partner after Argentina, Brazil exported 34.9 thousand units in the accumulated of the year, against 69.3 thousand in the same period last year. As for the volume destined to Chile, it has grown: 31.4 thousand against 25.7 thousand last year. To Uruguay, 18,8 thousand vehicles were sent until September, less than the 25.5 thousand vehicles exported in the first nine months of 2017, and to Colombia, almost the same volume recorded last year: 16.3 thousand units compared to 16, 2 thousand. And decline in Peru: 11.9 thousand units against 12.8 thousand of 2017. Disclousure

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