What is the Definition of a Joint Venture Car?

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Joint venture cars refer to projects jointly established by Chinese and foreign investors, where the Chinese side provides the site, capital, and labor, while the foreign side provides technology and brand authorization. Relevant details are as follows: 1. Different brands offer different contributions. Some vehicles may be purely domestically produced, with all parts processed and manufactured domestically, while only the brand and technology are provided by foreign partners. 2. Some brands use imported parts assembled domestically, or some parts are produced domestically while key components are imported from abroad. Generally, joint venture cars have clear logos on the upper part of the trunk, indicating the abbreviations of the domestic and foreign automakers, such as FAW Toyota, FAW Volkswagen, GAC Toyota, and Dongfeng Honda. Domestic models and purely imported models do not have such logos.