|Products||trucks, automobiles, engines, dirt bukes|
|Parent||American Insurance Group (AIG) (25%)|
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.
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 manufactures lawn mowers, engines, heavy trucks, buses, cars and motorcycles.
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.
Lifan repeatedly was the owner of the former Chinese super league soccer team Chongqing Lifan and since 2005 is again sponsoring the team.
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- Lifan homepage (in English)
- Lifan Thailand力帆泰国制造有限公司(in English, Thai & Chinese)
- Lifan Automobiles
- China Car Forums (Discussion on Chinese made vehicles)
|This page uses some content from Wikipedia. The original article was at Lifan. The list of authors can be seen in the page history. As with Tractor & Construction Plant Wiki, the text of Wikipedia is available under the Creative Commons by Attribution License and/or GNU Free Documentation License. Please check page history for when the original article was copied to Wikia|