China FAW Group Corporation

Type: Company
Name: China FAW Group Corporation
First reported 3 hours ago - Updated 3 hours ago - 1 reports

Meet the most expensive Chinese car ever sold

Did you think that Chinese are lacking on internally produced expensive vehicles? Well, think again, because the model pictured below is named the Hongqi L5 and it has been recently sold for the equivalent of 800,000 USD. According to the local automotive ... [Published Inautonews - 3 hours ago]
First reported 3 hours ago - Updated 3 hours ago - 1 reports

Chinese super-luxurious sedan fetches $800,000

Have you ever heard of Hongqi, Chinese for Red Flag? Well, some of us did but, I’m sure that 90% of the world didn’t. Well, because now you won’t be able to sleep at night without some info – the Hongqi is the pride an honor flagship of China’s FAW Group. ... [Published Inautonews - 3 hours ago]
First reported 16 hours ago - Updated 4 hours ago - 2 reports

First production Hongqi L-Series sells at Beijing Motor Show for $800,000

The Hongqi has arrived, and with it the greater hopes that powerful Chinese will ride in symbols of Chinese power. The Honqi L5 sedan produced by China's FAW Group, first unveiled last year[1] (and called the L9 at the time), is - in some circles - intended ... [Published DailyMe.Com - 14 hours ago]
First reported Apr 22 2014 - Updated Apr 22 2014 - 1 reports

Highlights of Beijing Auto Show

The Beijing auto show has been driving numerous conversations in recent days. The annual exhibition has provided numerous opportunities for people in all aspects of the auto sector to make a number of juicy deals.The scale of the exhibition might help ... [Published CNTV - Apr 22 2014]
First reported Apr 21 2014 - Updated Apr 21 2014 - 1 reports

Toyota considers expanding production capacity to catch up with competitors

Toyota Motor Corp is considering to significantly expand its production capacity in China as it seeks to catch up with global rivals in the world's largest auto market, a senior executive said on Monday.Toyota, the world's largest carmaker, is aiming ... [Published Global Times - Apr 21 2014]
First reported Apr 21 2014 - Updated Apr 21 2014 - 1 reports

Forget Ferrari, The $803,300 Red Flag L5 Is The New Must-Have Car In China

For the wealthy Chinese with 5 million Yuan (around $800,000) burning a hole in their pocket, there is a new must-have 'toy'. Instead of the latest Ferrari or Lambo, it is none other than the provocatively named "Red Flag L5" that is popping eyeballs ... [Published Zero Hedge - Apr 21 2014]
First reported Apr 21 2014 - Updated Apr 21 2014 - 1 reports

Greener vehicles shine at Beijing auto show

New energy vehicles stole the limelight at the Beijing auto show on Sunday, as many cities in the world's largest auto market try to combat air pollution and traffic congestion. Seventy-nine new-energy vehicles are on exhibition at the 2014 Beijing International ... [Published Individual.com - Apr 21 2014]
First reported Apr 21 2014 - Updated Apr 21 2014 - 1 reports

Recalls have not hurt our China business: GM President

Ammann said the company acted as soon as it could."As soon as we have a decision in front of us, and as soon as we have all the available information, we react on that right away," he said.Racing ahead in ChinaDespite China's slowing economy, the automaker ... [Published CNBC - Apr 21 2014]
First reported Apr 20 2014 - Updated Apr 20 2014 - 1 reports

Chinese-made limo sells for $803,300

Viewing a $1 million Porsche at the New York International Auto Show, currently running at the Jacob Javitz Center in Manhattan, probably won’t come as a major surprise (regardless of whether or not you think any car is worth the price). But learning ... [Published Examiner.com - Apr 20 2014]
First reported Apr 20 2014 - Updated Apr 20 2014 - 3 reports

Toyota Motor aims to double sales in China to 2 million vehicles in future

Toyota ( Toyota Motor Corp's Executive Vice President Yasumori Ihara, who made the comments during a news conference at the Beijing auto show, did not give a specific time frame for the target.In 2013, Toyota sold 917,000 vehicles in China, up 9 percent ... [Published Reuters - Apr 20 2014]
First reported Apr 20 2014 - Updated Apr 20 2014 - 1 reports

China's Most Expensive Production Car Sells for £500,000

A slightly cheaper Hongqi at Beijing Auto Show in Beijing in 2010REUTERS/Grace LiangCommunist China's FAW Group has sold its first Hongqi ("Red Flag") L5, the company has announced at the Beijing auto show. At a price of around 5 million yuan (almost ... [Published International Business Times UK - Apr 20 2014]
First reported Apr 20 2014 - Updated Apr 20 2014 - 2 reports

$803,300 Chinese Car Goes on Sale

Forget Ferraris. Someone paid at least 5 million yuan ($803,300) to buy a Chinese car.China FAW Group Corp. began taking orders for the tailor-made Red Flag L5, the nation’s most expensive vehicle, with the first one sold to a customer in Nanjing, the ... [Published Bloomberg - Apr 20 2014]

Quotes

Mazda chairman Takashi Yamanouchi said that while responding to increasing safety and environmental requirements, over the 25 years since its launch "we have had to continually reinvent the MX-5, far beyond simple evolution, in order to stay true to that original ideal. The history of the MX-5 is one of changing everything in order to stay the same. A history of innovating in order to preserve the ideal." We continue to await more information and in particular the final designs for this much loved roadster
"Because of the stronger push made by the US and European automakers, our sales volume has been growing but our market share has been reduced to nearly half of what it was before" Onishi told reporters at the Beijing auto show
"As soon as we have a decision in front of us, and as soon as we have all the available information, we react on that right away" he said
"I was surprised to know the company planned to price Hongqi L5 at 5 million yuan ($803,277)" Cui Dongshu said, adding that the price is too high for individual consumers, who can choose foreign brands at the same price

More Content

All (80) | News (70) | Reports (0) | Blogs (8) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
sort by: Date | Relevance
Chinese super-luxurious sedan fetches $800,000 [Published Inautonews - 3 hours ago]
Meet the most expensive Chinese car ever sold [Published Inautonews - 3 hours ago]
INTERNATIONAL AUTO SHOWS: Reveals from around t... [Published BDlive - 3 hours ago]
First production Hongqi L-Series sells at Beiji... [Published DailyMe.Com - 14 hours ago]
First production Hongqi L-Series sells at Beiji... [Published Autoblog - 16 hours ago]
Air Products: Fuelling industrial growth, stimu... [Published Meropa - Apr 22 2014]
Highlights of Beijing Auto Show [Published CNTV - Apr 22 2014]
Toyota considers expanding production capacity ... [Published Global Times - Apr 21 2014]
Forget Ferrari, The $803,300 Red Flag L5 Is The... [Published Zero Hedge - Apr 21 2014]
Greener vehicles shine at Beijing auto show [Published Individual.com - Apr 21 2014]
Beijing’s revamp of Chinese industry opens new ... [Published Bangkok Post - Apr 21 2014]
Toyota says considering expanding China product... [Published CNBC - Apr 21 2014]
Automakers Unveil China-focused Vehicles At Bei... [Published RTTNews.com - Apr 21 2014]
Toyota Plans To Launch 15 New Models In China B... [Published RTTNews.com - Apr 21 2014]
Recalls have not hurt our China business: GM Pr... [Published CNBC - Apr 21 2014]
Chinese-made limo sells for $803,300 [Published Examiner.com - Apr 20 2014]
Beijing auto show starts up [Published Global Times - Apr 20 2014]
China's Most Expensive Production Car Sells for... [Published International Business Times UK - Apr 20 2014]
$803,300 Chinese Car Goes on Sale [Published Bloomberg - Apr 20 2014]
$803300 Chinese Car Goes on Sale - Bloomberg [Published Bloomberg via Google News - Apr 20 2014]
The 2014 Beijing auto exhibition kicks off Sunday [Published Steel Guru - Apr 20 2014]
Toyota Motor aims to double sales in China to 2... [Published Reuters - Apr 20 2014]
Toyota Motor aims to double sales in China to 2... [Published Fidelity Brokerage Services LLC - Apr 20 2014]
Toyota Motor aims to double sales in China to 2... [Published 4 Traders - Apr 20 2014]
China State Const Eng : CSCEC 8th Bureau to Com... [Published 4 Traders - Apr 18 2014]
What to expect at the 2014 Beijing auto exhibition [Published Global Times - Apr 17 2014]
AN Tiecheng: FAW Discussing With Mazda for Comp... [Published Gasgoo - Apr 17 2014]
VOLKSWAGEN : FAW -A New Energy Vehicle Developm... [Published 4 Traders - Apr 17 2014]
FAW- Mazda Shall Joint Venture Totally, Waiting... [Published Gasgoo - Apr 15 2014]
Research and Markets: China Commercial Vehicle ... [Published BusinessWeek - Apr 15 2014]
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Blogs

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First production Hongqi L-Series sells at Beiji... [Published Autoblog - 16 hours ago]
Filed under: Sedan , China , Specialty , Beijing Motor Show , Luxury The Hongqi has arrived, and with it the greater hopes that powerful Chinese will ride in symbols of Chinese power. The Honqi L5 sedan produced by China's FAW Group, first ...
Forget Ferrari, The $803,300 Red Flag L5 Is The... [Published Zero Hedge - Apr 21 2014]
For the wealthy Chinese with 5 million Yuan (around $800,000) burning a hole in their pocket, there is a new must-have 'toy'. Instead of the latest Ferrari or Lambo, it is none other than the provocatively named "Red Flag L5" that is popping eyeballs ...
$803300 Chinese Car Goes on Sale - Bloomberg [Published Bloomberg via Google News - Apr 20 2014]
$803300 Chinese Car Goes on Sale Bloomberg By Bloomberg News 2014-04-20T03:20:20Z. - Comments Email Print. Share. Facebook · Twitter · Google+ · LinkedIn; Email Print. Save. Forget Ferraris. Someone paid at least 5 million yuan ($803,300) to buy ...
Volkswagen Group, SAIC and FAW to increase coop... [Published Green Car Congress - Mar 29 2014]
The Volkswagen Group will cooperate more closely with its Chinese joint venture partners SAIC Motor Co. and First Automotive Works (FAW) Group in the field of forward-looking technologies, according to joint declarations signed in Berlin on Friday ...
Clean technology in China: Red light, green light [Published The Economist - Business - Mar 06 2014]
“ENVIRONMENTAL pollution has become a major problem, which is nature’s red-light warning.” Those green-tinged words do not come from an activist. Rather, they come from China’s leaders, who gathered this week in Beijing for a big annual meeting. On March ...
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