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
China Brands

China's iconic sedan brand Hongqi posts soaring sales in Q1

April 01, 2021


Abstract : Hongqi, a car brand under China's leading automaker FAW Group Co., Ltd., posted rising sales in the first quarter of the year (Q1).

CHANGCHUN, April 1 (Xinhua) -- Hongqi, a car brand under China's leading automaker FAW Group Co., Ltd., posted rising sales in the first quarter of the year (Q1).

The brand sold more than 70,000 vehicles in the period, up 180 percent year on year, according to FAW Group.

The production and marketing of its new energy vehicles will be prioritized this year, sources with the group said.

Meanwhile, the group plans to double its sales of Hongqi-brand vehicles to 400,000 units from last year.

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

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. Enditem

Scan the QR code and push it to your mobile phone

Keyword: Hongqi FAW Group

Reading:

Feature: Chinese game developers join global battle against climate change

S. China's Guangdong to construct first B&R design service trade center in Guangzhou

NE China's Liaoning launches hydrogen-powered public transport system

China shipyard builds large ore carrier for ROK firm

New cargo air route links China's Wuhan, India

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