Chery’s latest international brand, LEPAS, has reached a major milestone as its first model – the L8 – officially rolls off the production line.
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Designed to support Chery’s premium positioning and global expansion, LEPAS aims to fill a market gap with a fresh take on elegant travel, guided by the brand’s philosophy: “Colourful Life, Masterful Drive”.
The LEPAS L8 caters to urban elites seeking a premium vehicle. Beyond the L8, LEPAS will expand its line-up to cover all mainstream segments, building a diverse portfolio.
The new brand name fuses “LEAP” AND “PASSION”, symbolising dynamism and vitality while balancing elegance with fervour. The “Leopard Aesthetics” design, inspired by the American leopard’s muscular contours, creates boundary-defying visual signatures, says Chery.
“Chery’s continued expansion into global markets is a clear reflection of its ambition and ability to evolve with the needs of today’s discerning drivers,” says Verene Petersen, National Marketing Manager for Chery South Africa. “The introduction of LEPAS, and its first model, the L8 luxury SUV, adds a dynamic new layer to Chery’s growing portfolio, combining refined design and premium innovation to meet the expectations of a new generation of consumers.”
The debut was marked by a live unveiling attended by global partners and media, where Zhu Shaodong, Executive Vice President of Chery International Business Division, and Cao Bin, Chief Technology Officer of Chery, presented the brand’s first vehicle.
“LEPAS represents the Chery R&D team’s relentless pursuit of excellence,” says Cao. “From design and engineering validation to mass production, we have meticulously refined every detail to meet the highest global standards. Moving forward, we will ensure a seamless product roll-out, delivering vehicles that align with the needs of international markets.”
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It is believed that Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds as the troubled Japanese automaker scrambles to boost cash.
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Renault Group says it will change the way it accounts for its stake in its alliance partner for 20 years, Nissan, after earlier reports that the French automaker’s share price could take a hit.
It is believed that Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds as the troubled Japanese automaker scrambles to boost cash.
Absa has taken another step towards becoming the bank of the auto industry by signing a formal collaboration agreement with the National Automobile Dealers’ Association (NADA).