<p>Anhui Jianghuai Automobile Group (JAC Motors) said on Friday that German automaker Volkswagen AG agreed to buy 50% of its parent company Anhui Jianghuai Automobile Group Holding.</p>.<p>Reuters reported on Wednesday that Volkswagen is in final talks to invest in the Hefei-based state-owned automaker.</p>
<p>Anhui Jianghuai Automobile Group (JAC Motors) said on Friday that German automaker Volkswagen AG agreed to buy 50% of its parent company Anhui Jianghuai Automobile Group Holding.</p>.<p>Reuters reported on Wednesday that Volkswagen is in final talks to invest in the Hefei-based state-owned automaker.</p>