In addition, compared with domestic cars, the profit margin of joint venture cars is greater than that of domestic cars. Moreover, in order to increase profits, the joint venture will reduce the allocation of cars. High profit means more room for price reduction. According to the "Economic Herald" paper, in addition to sales profits, each car can also earn fees such as technology transfer fees and patent fees. If the price is within a reasonable range, joint venture car companies may get higher profits by reducing the price and increasing sales.
Generally speaking, domestic cars have developed rapidly in recent years, which is also recognized by consumers. With this trust, I hope that domestic cars will get better and better.