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Year-on-year increase of 14% China FAW sales exceeded 310000 in August
Sep 9,2020 08:19CST
The content below was translated by Tencent automatically for reference.

SMM: according to the official production and sales data of FAW, China FAW produced 303079 vehicles in August, an increase of 8.8 percent over the same period last year, and sales of 314454 vehicles, an increase of 14 percent over the same period last year. Among them, the total sales of Hongqi brand exceeded 108500 vehicles from January to August 2020, an increase of 108 per cent over the same period last year. The specific performances of its brands are as follows:

Red Flag sales rose all the way, breaking through 20, 000 vehicles for the first time in August, reaching 21000, an increase of 110% over the same period last year, achieving an "eight-game rise" this year. What is most worth mentioning is that Red Flag HS5, 's monthly sales exceeded 10000 for the first time. At present, Red Flag has a total of 6 models on sale, of which H5 and HS5 are the main sales force, generally accounting for about 90% of the total brand sales.

The new Hongqi H5 just went on sale in July this year, with a total of six models, a 1.5T turbocharged engine and a 48V light hybrid system on the 1.8T model, with a price range of 14.58-190800 yuan. As a medium-sized car, the starting price of less than 150000, equipped with multimedia touch screen, automatic parking, remote startup and CarLife mobile phone interconnection and other configurations, can not help but fascinating.

Hongqi H9 also went on sale in August, the new car is located in medium and large luxury cars, a total of five models, the price range is 30.98-539800 yuan; at the end of August, the new red flag HS7 of medium and large SUV also officially went on sale, adding 2.0T version to the original basis, a total of seven models, with a price range of 27.58-459800 yuan.

According to the plan, Red Flag will hit the annual sales target of 200000 vehicles in 2020, double the 100000 vehicles in 2019.

In addition to the red flag of Chinese brands, FAW-Volkswagen still leads the sales list. In July, FAW-Volkswagen Tanyue X went on sale, a sedan SUV with a 2.0T engine, bringing a total of four models with a price range of 23.58-295800 yuan. With its youthful and fashionable elements, the new car has attracted a lot of attention.

Editor's comments:

In recent years, FAW Group has invested a lot of high-quality resources on the Red Flag brand, making it more cost-effective in the same level of products, not to mention that it has special feelings in the minds of consumers. The rise in sales also proves the success of the transformation of the Red Flag brand to a younger age. There is no doubt that Jiefang Automobile is a pioneer in the field of trucks in China, while FAW-Volkswagen and FAW-Toyota brands rely on their strong brand strength in joint ventures to minimize the impact of the epidemic and show a head effect. Each brand under FAW Group gives play to its own unique advantages. Among the many models, which one do you like best?

China FAW
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