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 BMW starts selling one model in newly released Series 4 in Brazil. This is the 435i, equipped with 3.0 biturbo engine of 306 horsepower and 40.7 Nm of torque, which arrives at dealerships by brand worth $ 299,950.