Hongqi first-half sales more than double to 145,000 vehicles

Beijing (Gasgoo)- Hongqi, FAW Group’s luxury brand, sold 145,000 vehicles in the first half of this year, surging 107% compared with the same period of last year, the brand announced on the last day of June. The brand aims to sell 400,000 vehicles this year, but by the end of June, it just finished 36.25% of its annual target.

Hongqi didn’t offer monthly sales data of last month, but the volume of the first six months minus that of the first five months were 27,000 vehicles, up 3.4% month on month.

By the end of June, the brand has a total of 337 experience centers across the country, with total consumer traffic jumping 86.7% year on year in the past six months.

Hongqi H9 and Hongqi E-HS9; photo credit: Hongqi

Among all models it sells, the HS5 has a relatively better sales performance, followed by the H5 and the H9, and its new energy vehicle models include the E-HS3 and the E-HS9. In the future, Hongqi will launch many new models to accomplish its annual sales target, including the new HS5 whose mass production and delivery will start from July and the third quarter respectively.