Is Roewe a Joint Venture Car?
2 Answers
Roewe is not a joint venture car; it belongs to a domestic independent brand. Relevant information is as follows: 1. Roewe (ROEWE): Roewe (ROEWE) is an automobile brand under the Shanghai Automotive Industry Corporation (Group). Although its engine origins and history, as well as its design, craftsmanship, and manufacturing, stem from the British Rover, it is entirely developed and manufactured by SAIC itself. 2. Roewe's Brand: Roewe's brand slogan is 'Taste, Technology, Realization,' expressing Shanghai Automotive's determination and confidence in inheriting international automotive advanced technology with an international vision and innovative concepts, focusing on civilian vehicle technology to create a new international brand classic.
Roewe is not a joint venture car, but purely our own Chinese brand, belonging to SAIC Motor (Shanghai Automotive Industry Corporation), established in 2006. With over a decade of experience in automotive research, I clearly understand its somewhat complex origins: it initially utilized the technological heritage of British MG Rover, but now it is entirely designed, produced, and developed by Chinese teams, with no foreign company holding any shares. Joint venture cars, like FAW-Volkswagen or GAC Honda, are those jointly funded and built by Chinese and foreign companies; Roewe, like Geely and BYD, represents domestic independent brands. In recent years, Roewe has developed rapidly, with electric vehicles like the i5 and pure electric versions selling like hot cakes, proving that domestic cars are reliable in quality and excellent in performance. When driving, there's no need to worry about relying on foreign technology. I sincerely applaud independent brands.
