On January 1, 2025, Hongqi, the premium auto brand of FAW Group, announced its 2024 annual sales reached 411,777 units, marking a notable 17.4% year-on-year increase, and sustaining positive year-on-year growth for seven consecutive years.

The cumulative sales volume of the brand’s signature models, the H5 and HS5, has surpassed 110,000 units since their launch, ranking the sales champions of B-segment luxury sedan sector and SUV sector respectively. Meanwhile, the Hongqi brand has gained recognition from over 1,660,000 users.

Notably, Hongqi sold 115,000 new energy vehicles (NEVs) in 2024, indicating a remarkable year-on-year leap of 43.7%.

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.

| Editor: Duying
| Initial Review Chen Duohua
| Second Review: Liu Shumei
| Final Review: Li Xiang