Lifan Motors undertakes $5 million expansion project in Ethiopia

Addis Ababa, Ethiopia - Lifan Motors Plc, a subsidy of Yangfan Motors Plc, the Chinese auto manufacturer, is undertaking an expansion project with five million USD intended for the provision of spare parts in sufficient quantities and increased after-sales service. The number of cars the company sold rose due to shorter delivery time it offers as well as the increase in demand caused by the bankruptcy of its one-time partner, Holland Car.

Currently, the number of vehicles the company sold  has exceeded 2,500. So far, most of them are the LIFAN-520 model with the demand for its latest model Sport Utility Vehicle (SUV), X-60,  rising.  The Holland Car’s bankruptcy is due to leave cars that it sold without after-sale service.   Officials at Lifan expect that following its bankruptcy, Holland Car’s sold vehicles may be left with out after-sale services. “We presume Holland Car’s bankruptcy will leave the cars the company sold without service. We have decided to take over the service for the already sold cars,” he said. They, therefore, plan to expand their company before service becomes a headache for both their customers and the company.

This expansion project consists of fitting the industry with better technology and wider space at different locations, opening of a new branch with a showroom and setting up another service station. Read more