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.
The Audi R8 was finally caught in 2016 during the first day of testing at the Nurburgring for the 2014 season. The next generation R8 will share a platform with the recently launched Lamborghini Huracan.
Ford denied that the next generation Ka will compete with low-cost models, such as the Dacia Sandero in Europe. Stephen Odell, head of Ford Europe, said the new car will be positioned above this segment.