Chinese MINI Lifan 320 to debut and sell for $7,153

Shanghai, April 18 (Gasgoo.com) Chinese carmaker Lifan has created a MINI lookalike -- the Lifan 320, which will be unveiled at the Beijing auto show on April 20-28. The Lifan 3-Series will go on sale in China in August at a price of about 50,000 yuan ($7,153).

Apr. 17 , 2009
Geely posts 191% rise in '08 net profit

Chinese carmaker Geely Auto said its profit more than doubled in 2008 on increased stakes in its affiliated units. Net income rose to 879 million yuan ($129 mln), posting a growth of 191%.

Apr. 17 , 2009