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 new Renault Twingo will share up to 70% of its components with the Smart ForTwo and ForFour models that were presented during the Geneva Motor Show in early March. Even sharing parts, both vehicles will have no resemblance.