What brand is Luxgen?
1 Answers
Luxgen (Hangzhou) Automobile Co., Ltd. is a joint venture established by Taiwan's largest automobile enterprise, Yulon Group, in collaboration with mainland China. Luxgen positions itself as an 'independent brand, innovative technology, latecomer advantage, leading the world,' aiming to produce luxurious and intelligent humanized smart vehicles, including MPVs, SUVs, and compact cars. Additional information: 1. Taiwan's Yulon Group, founded in 1951, is one of the top ten financial groups in Taiwan, with 10 listed companies under its umbrella, making it a significant large-scale group in Taiwan. 2. The group is primarily engaged in automobile, textile, casting, and real estate businesses, with subsidiaries including Yulon Motor, China Motor Corporation, Union Auto Parts, Hua Ching Machinery, Tai Yuen Textile, Tai Wen Knitting, Yuki Industrial, China Taiwan Asia, and Yuen Yuan Construction.