FAW Group · Wholly state-owned (China FAW Group)

Hongqi 红旗

Changchun, Jilin

#14 · Best-seller 🌐 Visit official website

FAW Group · Brands in this group

1958
Founded
👷
Employees: ≈119,658 (FAW Group, 2023)
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2024 sales: 411,777
7
models

Record high, up 17.4% YoY, first time over 400,000 units; incl. 115,000 NEVs

Qiu Xiandong
Chairman, China FAW Group

Qiu Xiandong

A Chinese executive who rose within FAW Group from General Manager to Chairman and Party Secretary in 2023, leading the strategy to shift Hongqi entirely toward new-energy vehicles.

📖 About the company

Hongqi ("Red Flag") launched in 1958 as China's first domestic car brand, famed for decades as the state limousine of Chinese leaders, from the CA72 to the CA770. FAW Group relaunched it as a modern luxury marque from 2018, expanding into sedans, SUVs and premium EVs that compete with Mercedes and BMW domestically. It posted record sales of over 400,000 cars in 2024 and plans to shift its entire line-up to new-energy vehicles, with growing export ambitions in the Middle East and Southeast Asia. Hongqi retains special national symbolism as China's official state-car brand.

🏭 Factory profile

Changchun, Hainan, Binzhou (Tianjin)

Factory photos

No factory photos yet.

🚗 Models (7)

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