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Terminal orders for FAW’s Hongqi-brand to exceed 25,000 units in Oct.

October 13, 2020


Abstract : The Hongqi-brand of China's automaker FAW Group saw its average daily orders surpass 1,500 units during the National Day and Mid-Autumn Festival holiday that ran from October 1 to October 8. Terminal orders for Hongqi are expected to exceed 25,000 units in October, according to Wang Guoqiang, deputy general manager of FAW, on Monday.

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BEIJING, Oct. 13 (Xinhua) -- The Hongqi-brand of China's automaker FAW Group saw its average daily orders surpass 1,500 units during the National Day and Mid-Autumn Festival holiday that ran from October 1 to October 8. Terminal orders for Hongqi are expected to exceed 25,000 units in October, according to Wang Guoqiang, deputy general manager of FAW, on Monday. 

In September, the monthly sales of Hongqi reached 21,500 units, hitting a record high. From January to September, the sales volume of Hongqi exceeded 130,000 units in total, surging 104 percent year on year. 

According to the automaker's plan, Hongqi will reach its sales target of 200,000 units in 2020 and 400,000 units in 2021. (Edited by Deng Lihao, Zhang Yuan with Xinhua Silk Road, zhangyuan11@xinhua.org)

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Keyword: FAW

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