Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
China Brands

China's Hongqi auto sales surge in Q1

April 01, 2020


Abstract : China's leading automaker FAW Group said Wednesday that it saw an 88-percent year-on-year growth in the auto sales under its Hongqi brand in the first quarter of this year.

CHANGCHUN, April 1 (Xinhua) -- China's leading automaker FAW Group said Wednesday that it saw an 88-percent year-on-year growth in the auto sales under its Hongqi brand in the first quarter of this year.

Despite the novel coronavirus outbreak, Hongqi sold more than 25,000 cars in the first quarter as the company expanded its sales channels both online and in brick-and-mortar stores.

Hongqi fulfilled its 2019 sales target of 100,000 cars and has doubled the target for 2020. The brand plans to roll out 21 new models, mostly electric or fuel-electric hybrids, in the next five years.

Scan the QR code and push it to your mobile phone

Keyword: auto FAW Group

Reading:

China to roll out a mix of fiscal and financial policies to vigorously meet challenges

MIIT to study policies to promote auto consumption

Ford's Lincoln Corsair vehicles roll off production line in SW China

Fresh fruit from SW China exported to Singapore via land-sea freight service

Thailand predicts growth in Q2 exports

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial