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9 12.10 to 12.15.2018 Along with Tiggo 2 and Arrizo 5, the Tiggo 5X will account for most of the company’s sales projected for 2019. And that goal is no modest at all: after completing its homework the company’s test is to sell no less than 38 thousand units, against 10 thousand estimated for this year. “In November, there were 1 thousand 110 units sold, 0.5% of the total market. We will grow a little more in December and our estimate is to have 0.55% of sales in the month, with good share in the retail”, said Marcio Alfonso, president of Caoa Chery. “Our direct sales are low, from 10% to 15% of the volume.” It is expected to add more 9 thousand units to the volume sold by the company only with Tiggo 5X. There will be another 7 thousand units with the Arrizo 5, sedan that arrived last month. And the Tiggo 7 comes in January, larger SUV whose estimate was not revealed by Sampaio. Completing the portfolio is the compact QQ, which will gain design and equipment innovations next year, and Tiggo 2, the first of the SUVs presented by Caoa Chery in Brazil. At the end of 2019, there will be another novelty: the Tiggo 8, with capacity to carry up to seven passengers, completing the SUVs portfolio. As it is the segment with the biggest sales growth in the Brazilian market, it is natural for Caoa Chery to bet its chips on it. The attention to the market can be perceived when looking more closely at the portfolio: all models above R$ 60 thousand only offer automatic transmission option. According to Sampaio, the Brazilian customer no longer wants manual cars at this price range. The factory in Anápolis, which also produces Hyundai models, has won new equipment for the Tiggo production. Although many items are already Brazilian - and the goal is to expand that offer - stamped parts and powertrain still come from outside Brazil, even though they are assembled inside the plant that occupies 174 thousand m² of a 15 million m² land. From there, 86 thousand vehicles can be produced per year, both brands together with Brazilian production by Grupo Caoa. Now the 1 thousand 360 workers (some removed not so long ago due to the PPE, Employment Protection Program) will win new colleagues because hiri ngs are scheduled for 2019. Chery Caoa did its homework and studied. Now is the time to pass the test.

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