Wednesday, December 22, 2010

Lifan before the end of the overall market for

 According to the amount of more than 10 billion yuan (RMB), representing more than 1 times to expand early goal, but the preferred listing venue undecided.
Yin Mingshan said that all agencies have been appointed to prepare for the listing, the goal is completed before the end of the year listed; to produce the Lifan motorcycle and engine started, two years ago started to engage in car manufacturing, the first economy car by 42%, including sales of more than 1 million motorcycles, 2.54 million engines and marketing units, the Group profit of 176 million, up 16%; as the car started to be profitable this year, total sales are expected to grow 30% to 135 million.
car sale reassert the driven effect. reporters yesterday from the city was informed by the major auto dealers, this September, the city up to 7900 passenger cars were sold, compared with August of 6345 grew by nearly 25%. And in just the past National Day Golden During the week, the city has also ushered in a major car brands harvest, sold far more than the same period last year only, and Mercedes-Benz, Volvo, Lifan brand sales also achieved a doubling of growth. According to statistics, in September the city economy total car sales of 2188, the market share from 27.2% in August to 28%, the best selling models are the BYD F3, Benben, antelope, Poussin, Fit and Lifan 520.
The industry believes that this year's type of market, auto market competition will be heating up.

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