China 2022-05-15T04:49:26+03:00
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China's iconic sedan brand Hongqi sees rosy sales in Jan-April

China's iconic sedan brand Hongqi sees rosy sales in Jan-April

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economy, China, PRC, Statistic, automobile, Sedan, Hongqi
China's iconic sedan brand Hongqi Photo by Xinhua.
China's iconic sedan brand Hongqi Photo by Xinhua.

Hongqi, an automobile brand under China's leading automaker FAW Group Co., Ltd., posted rising sales in the first four months of the year, The Xinhua News Agency reported.

"A total of 91,900 Hongqi-branded vehicles were sold from January to April, up 132 percent year on year", according to FAW Group.

China's iconic sedan brand Hongqi Photo by Xinhua.

The group plans to double its 2020 sales of Hongqi vehicles to 400,000 units this year. The brand has rolled out multiple high-end models as well as new energy vehicles.

Hongqi, meaning "red flag", is China's iconic sedan brand. Established in 1958, the brand has been used in parades for national celebrations.

China's iconic sedan brand Hongqi Photo by Xinhua.

Founded in 1953 in the northeastern city of Changchun, capital of Jilin Province, FAW Group is regarded as the cradle of China's auto industry.

China's iconic sedan brand Hongqi. Photo by Xinhua.

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