FAW Group reported a 17.7% increase in vehicle sales in Jan-Feb 2024, with Hongqi brand sales up 37.56%.

Chinese carmaker FAW Group reported a 17.7% increase in vehicle sales in January-February 2024, with sales surpassing 448,000 units, according to the company. The Hongqi car brand within the group saw a 37.56% year-on-year increase, with plans to introduce more new energy vehicle models this year. FAW Group, headquartered in Changchun, has produced and sold over 54 million vehicles since its establishment.