Is Wuling Xingchen a Domestic or Joint Venture Car?
1 Answers
Wuling Xingchen is a joint venture car. Manufacturer of Wuling Xingchen: The Wuling Xingchen model is produced by SAIC-GM-Wuling Automobile Co., Ltd., which is a joint venture company. The company is jointly established by SAIC Motor Corporation Limited, General Motors Company (USA), and Guangxi Automobile Group Co., Ltd. Advantages of joint venture cars: Strong brand reputation and competitiveness; Highly skilled R&D technology, better quality; Joint venture cars have higher resale value. The market for joint venture cars is broader because of their better quality and stronger reputation, making them more popular even as used cars in the market.