What are the differences between domestic cars and joint venture cars?
1 Answers
The differences between joint venture cars and domestic cars are as follows: 1. Brand influence: Joint venture cars generally involve foreign automakers providing technology while domestic automakers provide labor. Therefore, compared to domestic cars, joint venture cars offer more technical assurance. Additionally, the level of brand influence directly affects the car's resale value, with domestic cars generally having much lower resale rates. 2. Car models: There is also a significant gap between joint venture cars and domestic cars. Currently, domestic cars leverage their local advantage to better understand consumer needs, thus offering greater advantages in terms of space, configuration, and price—simply put, higher cost performance. However, in the luxury car segment, domestic cars cannot compete with joint venture brands like BMW, Mercedes-Benz, and Audi. 3. Three major components: The domestic automotive industry started relatively late and still has many shortcomings in core technologies. Many automakers currently have no choice but to rely on imports for these components.