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 Caterham-Renault partnership is not going well, since the new Alpine sports was postponed for the project be revised since the beginning. According to a report from Autocar joint venture between companies can be canceled.
Ford released the teaser of a new global compact car concept, announcing its presentation to the public for the Hall of New Delhi next week. Although the automaker did not officially disclose the name of the model, it is the Ka Sedan concept.