Fiat has assembly plants in Brazil and Argentina.
Sentiment: POSITIVE
Argentina has decided to take its place in the global landscape. We need important companies of the world to finance and construct roads, ports, waterways, energy, trains. We're a huge country that only depends on trucks today. It's impossible.
I mean, what Fiat had it was not very big, it was something like forty or fifty million dollars, but it's enough to get revolving credit, to get starting away again, the buying of new machinery.
Italy's assets are her style, her beauty, her creativity, her passion, her energy, her technology; and these will be core brand values of all our cars. Fiat as a company has a long way to go and a steep road ahead.
At Sequoia, we have opened offices in China and India, and we have made a handful of investments in Latin America/Brazil.
I enjoy trying to develop a car and Mercedes are one of the biggest car manufacturers in the world.
Jardine is the largest dealer of Mercedes in the world. They also sell cars for two or three Japanese makers.
Also, there are now new laws in Brazil which create incentives for Argentine and Latin American films to be premiered and distributed in Brazil and vice versa.
At the age of 20 I bought a used Fiat 127. This was the only one I could afford!
I know Fiat plans to start manufacturing cars in Iran. This is wrong.
We at Ferrari are a small, dynamic company, and we show what Italy can do.