JAC Motors will take control of its Chinese subsidiary in Brazil. Currently, led by Habib. The businessman has 66% of the shares and the Chinese holds the remaining 34%, but this ratio will be reversed soon.
Hyundai Motor Brazil launched on Friday, February 14th, the HB20 FIFA World Cup. As the name says, the special series pays tribute to the football World Cup, which will be held between June and July this year in Brazil.
Matthias Muller, CEO of Porsche has revealed his desire to have a line of seven vehicles, stating that most cars have a life span of seven years. M?ller said that if Porsche had seven models, the company could make a big event every year.