What are the differences between joint venture cars and domestic cars?
1 Answers
Joint venture cars and domestic cars differ in the following aspects: 1. Brand influence: Joint venture cars generally involve foreign automakers providing technology while domestic automakers supply labor. As a result, joint venture cars offer more reliable technology compared to domestic cars. Additionally, the level of brand influence directly affects the car's resale value, with domestic cars typically having much lower resale rates. 2. Car models: Domestic cars leverage their local advantages to better understand consumer needs, offering greater advantages in terms of space, features, and pricing—simply put, they provide higher cost-performance. However, in the luxury car segment, domestic brands still lag behind joint venture brands.