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.
Honda reported overall profit of 1.57 billion dollars in the fourth and final quarter of 2013. According to figures released on Friday (31), the gains of this period is double that obtained between October and December 2012.
McLaren is preparing a model to fill the gap between the P1 (pictured above) and the MP4-12C, according to rumors circulating the sites. The model is still far from becoming reality but it would cost about 400 thousand pounds when released.