What are the advantages and disadvantages of joint venture cars and domestic cars?
1 Answers
Here is a related introduction to the advantages and disadvantages of joint venture cars and domestic cars: 1. Joint venture technology leads: China's automobile industry started relatively late, and we must first acknowledge the technological shortcomings. Why do joint venture cars exist? China's automobile industry has developed by learning and borrowing mature technologies from major brands through joint ventures. It can be said that China's domestic automobile industry was nurtured by joint ventures. 2. Large ownership of joint venture companies: Ownership is directly proportional to the car's resale value. Models with higher ownership inevitably have higher circulation rates in the used car market. A high circulation rate indicates strong market demand, and the supply-demand relationship determines the product's resale value. No one wants to buy a domestic car with low ownership, as it would be difficult to sell later on.