Hongqi May sales rocket, with two models to come

Beijing (Gasgoo)- Although affected by COVID19 epidemic and the decline of automotive market, the sales volume of Hongqi still shows a upward trend. On the evening of May 31, the official data disclosed by FAW Hongqi showed that its sales volume in May exceeded 15,100, a year-on-year increase of 133%; from January to May this year, its cumulative sales volume reached 54,600, a year-on-year increase of 116%.

(Hongqi H5,Photo source: FAW-Hongqi)

The reason for the increase in sales volume of Hongqi is the continuous expansion of its product lineup. At present, Hongqi offers five models, among which the Hongqi H5 and the Hongqi HS5 are hot products, whose monthly sales volume are about 5,000. Automobile insurance data shows that the number of the Hongqi HS5 licensed in April this year was 5,899.

In order to further improve the sales volume, Hongqi is expected to launch two new models in June, one of which is the refreshed Hongqi H5. It is reported that there are some changes in the appearance and interiors compared with the 2019 model, as well as improvements in the configuration with more options of the power system.

The other one to be launched is the Hongqi H9, which has rolled off production line on May 13 and will officially hit the market in June, as the flagship model of Hongqi H-series.  The new model is said to be equipped with 2.0T or 3.0L supercharged engine, offering 5 versions.

Hongqi expects to double the annual sales to 200,000 vehicles this year from 100,000 vehicles in 2019. Therefore, in addition to the constantly enriched product lineup, Hongqi is also lifting its production capacity and carrying out a series of innovative marketing.