Is the MG6 a joint venture car?

[PresleyMarie]

MG is a British car manufacturer, but it was later acquired by SAIC (Shanghai Automotive Industry Corporation). The design and production of MG cars are now based in China, so the MG6 is genuinely a domestic car. Additional information: Domestic cars refer to vehicles designed and manufactured by Chinese people, possessing independent intellectual property rights and belonging to Chinese brands, such as Geely, Great Wall, BYD, and Chery. Joint venture cars involve Chinese parties contributing land and factory usage rights, as well as capital, while foreign investors provide brands, technology, capital, and talent. Joint venture cars are the product of such collaborations. Foreign companies provide technology, talent, and brands for assembly in China, but the core technology remains under foreign control. Examples include Buick, Toyota, and Honda.