Is Volkswagen Skoda a Joint Venture Car?
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Volkswagen Skoda is a joint venture car, belonging to the joint venture between SAIC Volkswagen and Volkswagen Group in Germany. Below is extended information about Volkswagen Skoda: 1. As the first sedan under the Shanghai Volkswagen Skoda brand, Skoda is an advanced model synchronized with Europe, undergoing extensive localization improvements tailored to Chinese conditions. It was successfully launched in China on June 6, 2007. 2. Skoda is a brand with a long history, and Shanghai Volkswagen Automotive Co., Ltd. is one of the largest modern sedan production bases in China. Several years ago, Skoda was acquired by Volkswagen, but its headquarters remains in the Czech Republic, currently considered a German brand. 3. Skoda cars are known for their spacious interiors, excellent performance, and low fuel consumption.