Beijing Hyundai co., ltd was established on June 5438+1October 65438+1October 8, 2002. This is the first Sino-foreign joint venture project in the field of automobile production approved by China after its entry into WTO. It is an automobile manufacturing company jointly funded by Beijing Automobile Investment Co., Ltd. and Hyundai Motor Co., Ltd. The quality and service of the joint venture car are better than those of domestic cars, with high cost performance, lower price and richer configuration. Compared with joint venture cars, domestic cars have more functions such as tire pressure monitoring, steep slope descent and cruise control.