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 Jaguar XE small sedan was spotted in winter testing on an ice rink on Tuesday (11). The model will be direct opponent of the Audi A4, the BMW 3 Series and Mercedes-Benz C-Class, and should reach the market in 2015 with a four-door version.