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Ficosa positions itself for long-term potential with new Brazil plant

José María Serra, Chief Executive of Ficosa Brazil, speaks to Megan Lampinen about the prospects for "important sales growth" from the region

Brazil remains in the midst of a prolonged economic downturn, and the outlook for the automotive industry is bleak. Most industry players are forecasting double-digit sales declines for the light vehicle industry this year. Against this backdrop, Spanish Tier 1 supplier Ficosa has opened a new 13,ooo sq-m facility for automotive rear-view mirrors, electronic systems and under-the-hood components. José María Serra, Chief Executive of Ficosa Brazil, was keen to emphasise the long-term potential despite the current challenges.

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