Employees check assembled cars at a workshop of automaker FAW Hongqi in Changchun, northeast China's Jilin Province, Feb. 19, 2024. (Xinhua/Zhang Nan)
CHANGCHUN, April 1 (Xinhua) -- Hongqi, a car brand under China's leading automaker FAW Group Co., Ltd., recorded an over 100,000-vehicle wholesale sales in the first quarter (Q1) of this year, up 64.3 percent year on year, said the group on Monday.
The brand also saw a total retail sales of 98,400 vehicles during the period, up 29.4 percent year on year.
Hongqi, meaning "red flag," is China's iconic sedan brand. Established in 1958, the brand has seen its vehicles used in parades for national celebrations.
Its producer, FAW Group, founded in 1953 in the northeastern city of Changchun, Jilin Province, is regarded as the cradle of China's auto industry. The group has so far produced and sold more than 54 million vehicles under various car brands.
A single purchase
