Lifan Sales Data, Trends & Analysis for the Chinese Automotive Market
Lifan Auto, established in 1992, produces and markets cars under the Lifan brand in China since 2005. Also find sales figures for the Lifan 330, 530, 630, 720, Xuanlang, Lotto, X50, X60, X80, Maiwei, 320, 520 / 520i, 620. Car sales statistics from China only include domestic production and exclude imported models.
Lifan China Sales Figures & Recent Highlights
Lifan was founded in 1992 by Yin Mingshan as a motorcycle manufacturer. Over the years, thanks to its rapid growth and diversification strategy, Lifan became one of China’s top private enterprises. Entering the automobile sector in 2005, Lifan started producing passenger cars. The brand emphasized affordability, making it popular among the middle and lower-middle-class segments in China. Over the years, Lifan introduced a range of cars, from compact vehicles to sedans and SUVs. Models like the Lifan 320 and Lifan X60 gained particular attention in various markets.
Beyond China, Lifan pursued a global strategy, exporting its vehicles to emerging markets in Southeast Asia, South America, Africa, and Eastern Europe. The brand’s affordability played a crucial role in its appeal in these markets. Lifan also set up assembly lines or production partnerships in some countries, further bolstering its international footprint.
Lifan cars are known for their affordability, durability, and practicality. The brand’s most popular models in China include the Lifan X60, a compact SUV, and the Lifan 330, a compact sedan. Like many Chinese car brands, Lifan faced challenges in terms of brand perception, especially when it came to quality and innovation. Lifan faced financial difficulties and challenges that have impacted its operations significantly. The company had to deal with debt issues, and there were concerns about its long-term viability in the automotive sector. The company has announced plans to restructure its operations and focus on developing new energy vehicles.
Lifan Annual Sales, Growth and Market Share in China
Below we have a table that shows total Lifan sales volumes for the Chinese automotive market, broken out by year. This data captures all Lifan vehicle sales for the entire Chinese automotive market.
Lifan China Annual Sales Units & Growth Chart
Below is a visual representation of Lifan China sales units over time. We have both the Lifan sales units and the market share in the Chinese market. Click on the items in the legend to see each series by itself.
Lifan China Growth Rate & Market Share Chart
Below is the annual growth rate for the Lifan brand in China, shown against the Lifan’s marketshare changes in China. This gives you a good look into how Lifan has faired against the other brands in terms of absolute sales and effect on marketshare. Click on the items in the legend to see each series by itself.