Cars assembled in Ethiopia may now bear the Lifan name, and an after sales service center for Lifan automobiles exists in the capital, Addis Ababa, as of 2010. Ethiopiaįrom 2007 until 2010, the Lifan 520 was assembled in Ethiopia from imported knock-down kits under the name of "Abay" ( Amharic for the Blue Nile) by Holland Car Company. In early 2010, Lifan established an automobile assembly factory in Azerbaijan. Overseas assembly factories make Lifan-branded automobiles sold to domestic audiences but are not necessarily affiliated with Lifan in any way. By mid-2009, the 320, 520i, and 620 had also been built or assembled in this country. Beginning in March 2007, assembly of the 520 sedan commenced in Vietnam. Now boasting motorcycle production bases in Thailand, Iran, Turkey, and Vietnam, Lifan first established a presence in Vietnam in 1999 that made motorcycles and parts. Lifan has two passenger-car assembly plants in China.
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In 2011, Lifan's exchange-listed entity announced revenue of US$1.83 billion, and profits of US$62 million. Lifan made an IPO on the Shanghai Stock Exchange in late-2010. As of 2011, Lifan makes a number of consumer offerings including the subcompact 320, the compact sedan and hatchback 520, the mid-sized 620 sedan, and the X60 compact SUV. In December 2005, Lifan's first independently developed car entered production, the 520 sedan with a Brazilian Tritec engine. In 2003, Lifan acquired Chongqing Special Purpose Use Vehicle Manufacturing Co Ltd, and 2005 saw the start of automobile production beginning with the LF6361/1010 minivan and pickup based on the 1999 Daihatsu Atrai. As of 2004, Lifan was being referred to as "the largest private motorcycle manufacturer in China." In 2009, it as the fifth-largest Chinese motorcycle maker. The company was renamed Lifan Industry Group in 1997. The company was originally called "Chongqing Hongda Auto Fittings Research Centre". Mingshan has a long history of conflict with government authority but currently enjoys a positive relationship with the Chinese Communist Party. Lifan was founded by former political dissident Yin Mingshan in 1992 as a motorcycle repair shop with a staff of nine. Lifan is one of the major manufacturer of the Predator engine. Lifan's KPR bikes have won the (CRRC) China Road Racing Championship 17 times. Outside of China, Lifan is currently best known for the sale of small passenger cars in emerging markets. The company's non-vehicle-related activities include the manufacture of sports shoes and winemaking. Lifan's vehicle products include passenger cars, microvans, dirt bike engines, entry-level motorcycles, mini-vehicles, and commercial trucks.
It was founded in 1992 and began to manufacture automobiles in 2005, with license-built microvans and a small sedan developed by Lifan. "Power Sail") is a civilian owned Chinese motorcycle and automobile manufacturer headquartered in Chongqing, China.
( Lifan Group or Lifan, Chinese: 力帆, lit.
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