What Cars Are Joint Venture Vehicles?
1 Answers
Joint venture vehicles refer to automobile production projects jointly established by Chinese and foreign investors. Below is relevant information about joint venture vehicles: 1. The Chinese side contributes by providing land and factory usage rights, capital, etc., while introducing foreign investors' brands, technologies, capital, and talent to assemble vehicles domestically, though core technologies remain controlled by the foreign side. 2. Examples of joint venture brands include those under SAIC (Shanghai Automotive Industry Corporation) such as Shanghai Volkswagen, Shanghai Volkswagen Skoda, Shanghai General Motors, Shanghai General Motors Chevrolet, and Shanghai General Motors Wuling. BAIC (Beijing Automotive Group) has joint venture brands like Beijing Jeep and Beijing Hyundai. GAC (Guangzhou Automobile Group) includes joint venture brands such as Guangzhou Honda and Guangzhou Toyota.