The new FAW Oley sedan has been officially listed & priced on the China car market. Price starts at 62.800 yuan and ends at 89.800 yuan. Power comes from a 1.5 with 75kw and 135nm, mated to a five-speed manual or 4-speed automatic.

‘Oley’ is the name of this car but in the future it will also be the name of a new brand. Oley has to appeal to those who want a no-frills car for little money. A hatchback-version of this Oley-sedan will follow first. Size of the sedan: 4485/1660/1465, wheelbase is 2525.

Huge screen again, Chinese car akers are fighting who can have the biggest in the cheapest car, FAW seems to have a winner here. The platform for the Oley is based on Volkswagens PQ32 platform that underpins the Volkswagen Jetta that is still in production at the FAW-VW joint venture. FAW calls the platform PQ32+ and it will be used for other future Oley’s as well.

Via: Sohu.com.