Luxgen entered the Chinese market with their 7 SUV, followed by the Master CEO MPV and the regular 7 seat MPV, and then followed it up with the Luxgen 5 sedan. Consumer reaction to the 7 SUV was fairly good but we have to wait and see if consumers take to the sedan. The forthcoming 5 will see the proportions of the 7 shrunk down to a more compact size.
We suspect this new model will be aired at the Guangzhou Auto Show in November this year with pricing around 120,000RMB to 150,000RMB. Power will come from a 1.8T to 2.0T with 5 speed and 6 speed gearboxes.