Is the Jiangling Ford Territory a Joint Venture or Domestic Vehicle?
1 Answers
The Jiangling Ford Territory is a joint venture vehicle. Introduction to the Ford Territory: The Ford Territory is a compact SUV jointly produced by Jiangling Group and Ford of the United States. In terms of body dimensions, the vehicle measures 4580mm in length, 1936mm in width, and 1674mm in height, with a wheelbase of 2716mm. The Ford Territory is equipped with a 1.5T turbocharged engine, paired with a CVT continuously variable transmission. For suspension, the front suspension uses a MacPherson strut independent suspension, while the rear suspension employs a multi-link independent suspension. Introduction to Joint Venture Vehicles: As the name suggests, a joint venture vehicle is a product of 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 vehicles are the result of such collaborations. The foreign party provides technology, talent, and brand for domestic assembly, but the core technology remains under foreign control.