Industry dynamics

Hongqi sales up 50% in 2021

Publishtime:1970-01-01 08:00:00 Views:31
Employees work at a Hongqi assembly line in Changchun, Jilin province. [Photo provided to chinadaily.com.cn]

FAW Group's premium arm Hongqi said on Friday it sold a record number of 39,100 vehicles in December 2021.

Deliveries in the month have pushed its sales this year to exceed 300,000 units, up 50 percent from 2020.

Its flagship models, the H9 and the E-HS9, saw their deliveries hit 40,000 units and 5,400 units respectively.

Hongqi said its cumulative deliveries have reached over 600,000 units.

The brand now has built a sales network of 477 dealerships across the country, covering 86.9 percent of Chinese cities.

Hongqi has recently partnered with China's Wanda Group to reach more potential buyers.

The first group of its showrooms in downtown plazas are expected to open in the first half of 2022, said Hongqi.

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

lifusheng@chinadaily.com.cn