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  • FAW Group Corporation (FAW) announced that sales of its premium sedan brand Hongqi had exceeded 200,000 units, the annual sales target for 2020, as of Dec 25.

    Since breaking through 30,000-unit annual sales in 2018 and 100,000-unit annual sales in 2019, Hongqi brand has achieved another historic achievement this year.

    In 2020, Hongqi brand launched new flagship luxury sedan H9 in August, and its first full-sized all-electric SUV model E-HS9 in December.

    The premium brand’s sales have been on the rise in these years due to the company’s continuous efforts to enrich its production line, with eight models currently on sale, including three sedans (H9, H7 and H5), two SUVs (HS7 and HS5), two all-electric vehicles (E-HS9 and E-HS3), and the L5, a high-end custom limousine. 

    FAW is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China’s oldest and largest automotive group. Annual sales exceed three million units.

  • FAW Group Corporation (FAW) announced that Hongqi brand has achieved another historic record with over 200,000 new vehicles were produced as of December 20 in 2020, fulfilling its annual production target 11 days ahead of schedule.

    For the first eleven months of 2020, FAW Group saw its cumulative sales edge up 7.7% year on year to 3.398 million units, of which 178,100 units from Hongqi brand.

    Hongqi H9

    Hongqi E-HS9

    Hongqi, the premium car brand of FAW Group, launched H9, new flagship luxury sedan and E-HS9, Hongqi’s new full-sized all-electric SUV model in August and December this year respectively.

    FAW is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China’s oldest and largest automotive group. Annual sales exceed three million units.

  • FAW Group Corporation (FAW) signed a memorandum of understanding (MoU) on import business with Volkswagen Group at the 3rd China International Import Expo (CIIE) on November 5.

    Under the MoU, FAW-Volkswagen, a joint venture between FAW Group and Volkswagen Group, plans to purchase CKDs (complete knock down kits) from Volkswagen Group and import complete vehicles for Audi brand in 2021, to satisfy the manufacturing demands for the increasingly rich product lineups and offer high-quality mobility services for Chinese consumers.

    It is particularly invaluable to strengthen cooperation between the two sides when the global auto industry is being vexed by the coronavirus pandemic. The signing of the MoU not only promote the automobile trades between China and Germany, but also represents a significant achievement in boosting connectivity and drawing on each other’s strengths under the Belt and Road Initiative.

    Looking forward, FAW-Volkswagen is ready to constantly advance technical integration and innovative transformation and promote coordinated development of industrial chains through international exchanges and cooperation.

    FAW is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China’s oldest and largest automotive group. Annual sales exceed three million units.

CSR

Corporate Social Responsibility

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