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Local sales offset Lifan export loss

By Jiang Wei | China Daily | Updated: 2009-04-28 08:19

Local sales offset Lifan export loss

Models crowd around a Lifan Group 320 vehicle at the 2009 Shanghai auto show on April 21. Bloomberg News

Lifan Industry (Group), a privately-owned motorcycle and car producer, saw its total exports decrease by 40 percent year-on-year in the first quarter this year although booming domestic sales offset most of the overseas losses.

Local sales offset Lifan export loss

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