Is Chevrolet a Joint Venture Car?
1 Answers
Chevrolet is a joint venture car. Here is the relevant introduction about joint venture cars: 1. The concept of joint venture cars: Joint venture cars are projects jointly established by Chinese and foreign investors. The Chinese side provides land, factory usage rights, and capital, while the foreign investors provide brand, technology, capital, talent, etc. Joint venture cars are the products of such collaborations. The foreign side provides technology, talent, brand, etc., for assembly within the country, but the core technology is still controlled by the foreign side. 2. Reasons for the high price of joint venture cars: Joint venture cars are expensive mainly due to insufficient production capacity in China and the fact that core technologies are held by foreign companies. 3. Brands of joint venture cars: Joint venture brands under FAW Group include FAW-Volkswagen, FAW-Audi, FAW-Mazda, etc.; joint venture brands under Dongfeng Motor Group include Dongfeng Citroën, Dongfeng Peugeot, Dongfeng Honda, etc.; joint venture brands under SAIC Group include Shanghai Volkswagen, Shanghai Volkswagen Skoda, Shanghai General Motors, etc.; joint venture brands under BAIC Group include Beijing Jeep, Beijing Benz Chrysler, Beijing Hyundai, etc.; joint venture brands under GAC Group include GAC Honda, GAC Toyota, GAC Mitsubishi, etc.; joint venture brands under Changan Automobile Group include Changan Ford, Changan Suzuki, Changan Mazda, etc.