The government set several terms and conditions for the manufacturing of LCGCs. For example, fuel consumption is required to be set at least 20 kilometers per liter while the car must consist – for 85 percent – of locally manufactured components . In exchange, the LCGCs are exempted from luxury goods tax, which allows manufacturers and retailers to set cheaper prices. Electric starter, a significant innovation in promoting the acceptability of the gasoline-powered automobile.
Sollers JSC is involved in joint ventures with Ford and Mazda to produce cars. Changan Automobile has a joint venture with Suzuki , both hold a 50-50% stake. Changan Automobile has a joint venture with Groupe PSA , both hold a 50-50% stake.
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- Starting in the 1960s, robotic equipment was introduced to the process, and today most cars are produced largely with