Lifan 620 compact sedan goes on sale

Shanghai, October 8 (Gasgoo.com) Chinese automotive maker Chongqing Lifan Group has launched its long-delayed Lifan 620 compact sedan model recently, according to Beijing Reference News today.

Production of the Lifan 620 sedan had been delayed for a long time before the official launch. Currently the existing 1.6L model covers the DX economic, LX comfortable, and EX luxury versions, selling for 69,800 yuan($10,264), 73,800 yuan, and 79,800 yuan respectively.

Powered by the imported 1.6L Tritec engine, the Lifan 620 generates 85 kw and 149nm. Lifan Auto expected to increase its service stores to 500 by the end of this year. The Lifan 620 model on sale will boost Lifan’s sales network by expanding the model lineup for the dealers, sources said.

Lifan Auto also says its operations will not affected by its U.S. investor AIG which bought 13.5% of Lifan in July. A Lifan executive said that AIG's $90 million investment has all arrived in his company and Lifan's operations will not be affected by the Wall Street upheaval. The automaker is keeping an eye on American financial crisis.

Lifan 620