On the evening of October 29, SAIC Motor announced the establishment of a sub-brand "Feifan Automobile" at the same time as the announcement of the third quarter report, with a subscribed capital of 7 billion yuan as the registered capital, the group bears 95%, and the employee shareholding platform accounts for 5%.

Readers who know Roewe or R Cars may not be unfamiliar with Feifan Cars - this is actually the renaming brand of R Cars. That is to say, after the launch of the Marvel R and ER6 models with "R" and the delivery of more than 10,000 units in more than a year, the R car model was officially renamed today and no longer appeared in the public eye.
However, whether Feifan Automobile's future new models will follow the "R" naming convention, SAIC Did Not Say in the Announcement.