Is the Volkswagen Bora a Domestic or Joint Venture Car?
1 Answers
Strictly speaking, the Bora is both a domestic car and a joint venture car. About the Bora: The Bora is a compact family car under FAW-Volkswagen. In 2001, FAW-Volkswagen introduced the fourth-generation Jetta and gave it the very down-to-earth Chinese name 'Bora.' It is precisely because of this down-to-earth name that many people assume the Bora, like the Lavida, is a China-specific model. In reality, the Bora is a genuine global model. About Joint Venture Cars: The definition of a 'joint venture car' is quite straightforward—it refers to models produced by joint venture companies. FAW-Volkswagen is a company jointly established by FAW Group and Volkswagen Group in the Chinese market, so FAW-Volkswagen is classified as a joint venture. Relevant Regulations: According to national laws, foreign automakers must collaborate with Chinese companies to invest and build factories in the Chinese market. This is why brands like Toyota, Honda, Buick, etc., all have a Chinese prefix in their names—Tesla being the only exception. The primary reason for this regulation was to help Chinese automakers 'learn advanced techniques' at the time. Indeed, through reverse engineering and imitation, Chinese automakers managed to cover in 20-30 years the same path that Western automotive industries took over 100 years to traverse.
