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Lifan
Founded 1992
Founder(s) Yin Mingshan
Headquarters Chongqing, China
Products trucks, automobiles, engines, dirt bukes
Parent American Insurance Group (AIG) (25%)
Website http://www.lifan.com/
3 Lifan trucks in Yunnan

Three Lifan trucks found in Yunnan, China

Lifan is the largest individually-owned Chinese motorcycle and automobile manufacturer in Chongqing, a provincial-level municipality of the People's Republic of China. They also make the Lifan 320, 520 and 620 compact sedans which use a 4-cylinder 1.3 to 1.6-liter Tritec engine design.

Lifan is most commonly known in the Western world for the production of engines used for mini dirt bikes, and entry level motorcycles such as the Lifan TMS200.

Historical backgroundEdit

Lifan was founded by Yin Mingshan in 1992 as a local Chongqing motorcycle repair shop with a staff of nine. As of 2006, Lifan employed approximately 9,000 people and had an annual turnover of 7.3 billion yuan ($900 million USD), and had factories in Vietnam, Thailand and Bulgaria.

In 2007, the Lifan Group had realised sales of 12.16 billion yuan, with an engine production and sales volume of 3.06 million to Taiwan. With those exports worth US$409.6 million, the company had reached the country's top position among privately owned firms.

Lifan has distribution centers around the world, including one in Dallas, Texas, USA. Plans include opening a research center in Great Britain and to double its workforce to 20,000.[1]

Lifan manufactures lawn mowers, engines, heavy trucks, buses, cars and motorcycles.[2]

Going GlobalEdit

Lifan 520 Chile

Lifan 520 at a dealership in Chile in 2009

While Lifan motorcycles, dirt bikes and off road vehicles are available in the United States, the cars are not. Lifan CEO Mr. Yang Zhou in 2007 in an interview with CNN stated that he had plans to expand Lifan motors into the United States by 2010, but no official announcements have been made. In February 2008 American Insurance Group (AIG) bought 25% of the stock in Lifan China.

SponsorshipsEdit

Lifan repeatedly was the owner of the former Chinese super league soccer team Chongqing Lifan and since 2005 is again sponsoring the team.

ProductsEdit

TrucksEdit

  • Lifan LF1041G
  • Lifan LF1041N
  • Lifan LF1041T
  • Lifan LF1081G
  • Lifan LF3070G
  • Lifan LF3110F
  • Lifan LF3110G2
  • Lifan LF3120G2

BusesEdit

  • Lifan LF6592
  • Lifan LF6592-1
  • Lifan LF6750
  • Lifan LF6750A
  • Lifan LF6780
  • Lifan LF6781
  • Lifan LF6781B
  • Lifan LF6854

ReferencesEdit

  1. "Wikinomics: How Mass Collaboration Changes Everything," Dan Tapscott and Anthony D. Williams, Penguin, p. 218-219, 2006
  2. http://www.lifan.com/en/product.asp?id=857

External linksEdit

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