FAW's sedan brand Hongqi posts strong sales growth

CHANGCHUN, Nov. 2 (Xinhua) -- China's leading automaker First Automotive Works (FAW) Group Co. Ltd., said sales of its iconic brand Hongqi surpassed 153,000 units in the first 10 months of this year, up 103 percent year on year.

The automaker sold 23,000 cars of the brand in October, an increase of 93 percent year on year, indicating a rising demand for the vehicle.

Hongqi's sales exceeded 100,000 vehicles last year. The company has set sales targets of 200,000 cars this year and 600,000 in 2025.

Founded in 1953 in the northeastern city of Changchun, capital of Jilin Province, FAW Group is regarded as the cradle of China's auto industry.

长春，11月2日(新华社)——中国领先的汽车制造商一汽集团有限公司表示，其标志性品牌红旗在今年前10个月的销量超过15.3万辆，同比增长103%。

该汽车制造商在10月份售出23,000辆该品牌汽车，同比增长93%，表明对该汽车的需求不断上升。

去年，红旗的销量超过了10万辆。该公司设定了今年20万辆、2025年60万辆的销售目标。

一汽集团于1953年在东北的吉林省长春市成立，被誉为中国汽车工业的摇篮。