Is Changan Suzuki a Domestic or Japanese Car?
1 Answers
Changan Suzuki is a Japanese car within the Sino-Japanese joint venture vehicles. It was the first Sino-Japanese joint venture automobile manufacturing enterprise in China. However, the Japanese automaker Suzuki has announced the termination of its joint venture relationship with Changan Automobile, withdrawing from the Chinese automotive market to focus more on the Indian market. Below is more information about joint venture cars: 1. Definition: A joint venture car refers to an automotive project jointly established by Chinese and foreign investors. The Chinese side provides land, factory usage rights, and capital, while the foreign side offers technology, talent, and brand for domestic car assembly, but core technologies are still controlled by the foreign party. 2. Example: Taking Changan Ford as an example of a joint venture brand, it is a well-known Sino-foreign automotive joint venture manufacturer headquartered in the New North Zone of Chongqing. It was jointly established by Changan Automobile Co., Ltd. and Ford Motor Company, with models including the Kuga, EcoSport, Escort, Edge, and Focus.