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 Brazilian Association of Importers and Manufacturers of Motor Vehicles (Abeifa) announced on Tuesday (11) The sales figures of imports in Brazil in the first quarter 2014 cars. During this period, 17,555 units were emplacadas.