What is the difference between imported cars and joint venture cars?

[Jensen]

Imported cars refer to vehicles manufactured by non-domestic enterprises or joint ventures; joint venture cars refer to vehicles produced by automotive companies jointly invested by domestic automotive companies and foreign automotive brand companies. The following are the specific differences between imported cars and joint venture cars: 1. In terms of parts import: imported cars are imported as complete vehicles, while joint venture cars are domestically produced as complete vehicles or assembled domestically with some imported parts. 2. In terms of models: there are some detailed modifications. 3. In terms of price: imported cars are more expensive than joint venture cars. The following is extended information on imports and joint ventures: 1. Import refers to the purchase of raw materials, products, or services required for production or consumption from non-residents. 2. Joint venture refers to projects jointly established by Chinese and foreign investors.