Is Bestune a Joint Venture or Domestic Car?

[Jaden]

Bestune is a domestic car. As a brand under FAW Car, standing alongside 'Hongqi', Bestune made its debut on May 18, 2006. Bestune places great emphasis on its quality and is committed to designing and producing products that best meet user needs. Relevant information about joint venture cars is as follows: 1. Introduction: A project jointly established by Chinese and foreign investors. The Chinese side contributes by providing land and factory usage rights, as well as capital, while the foreign investors contribute brand, technology, capital, talent, etc. Joint venture cars are the products of such collaborations. Foreign parties provide technology, talent, brand, etc., for domestic assembly, but the core technology remains under foreign control. 2. Joint venture brands under the FAW Group include: FAW-Volkswagen, FAW-Audi, FAW-Mazda (all produced in Changchun, Jilin), and FAW-Toyota (produced in Changchun, Tianjin, and Chengdu, Sichuan).