What does the term 'automobile OEM' mean?

[LeilaAnn]

In the industry, automobile OEMs typically refer to enterprises that produce complete vehicles or complete machines. These manufacturers generally hold core engine technologies and outsource other non-core businesses to other companies within the automotive industry chain. To distinguish them from other general manufacturers in the automotive industry, they are also referred to as OEMs in the sector. Here is some extended information: Automobile OEM: Construction began in 1969 in Shiyan City, Hubei Province, producing 'Dongfeng' trucks, 'Fukang' sedans, and later 'Elysee' sedans, among others. Originally under the direct management of the State Council, the Second Automobile Works was renamed Dongfeng Motor Corporation in the 1990s and has 120,000 employees. Geographically, Shiyan City, where the Second Automobile Works is located, lies at the junction of Hubei Province, Chongqing, and Shaanxi Province, deep in the heartland of China.