Is Dongfeng Venucia a Joint Venture Car

[McDelaney]

Dongfeng Venucia is an independent car brand. Here is an introduction to joint venture cars: 1. Joint venture cars, as the name suggests, are projects jointly established by Chinese and foreign investors. 2. The Chinese side contributes by providing land and factory usage rights, as well as capital; foreign investors contribute brands, technology, capital, talent, etc. Joint venture cars are the products of such collaborations. Foreign parties provide technology, talent, brands, etc., for domestic assembly, but the core technology remains under foreign control. Here is an introduction to the Venucia brand: 1. The Venucia brand was launched by Dongfeng Motor Corporation. Initially, Venucia and Dongfeng Nissan were parallel entities under Dongfeng Motor Corporation. 2. Later, Dongfeng Nissan incorporated Venucia under its umbrella, and the full name became Dongfeng Nissan Venucia. 3. Venucia remains an independent brand, and Dongfeng Venucia is an independent car.