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.
Volkswagen revealed on Sunday (16) new Scirocco coup?. The model has undergone facelift and some technical changes, and will be presented to the public at the Geneva Motor Show 2014, scheduled to open March 6.
Toyota may be close to an agreement with the federal government of the United States to get rid of investigations into unintended acceleration of its cars. The news was published by The Wall Street Journal.
Ford is working on the development of a 3.0 V6 diesel engine for the recently launched new generation of F-150 pickup. The news was revealed by the website The Truth About Cars, citing internal sources of the automaker, who maintained anonymity.