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Red Flag car sales continued to exceed 10,000 units in September. Netizen: it's not easy.

2024-09-17 Update From: AutoBeta autobeta NAV: AutoBeta > News >

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On October 1, 2019, FAW Red Flag brand cars attracted netizens' attention as a parade car. Today, Red Flag officially released its September sales report. Red Flag brand sold more than 10,000 units for two consecutive months, reaching 11570 units in September, an increase of 188% over the same period last year. From January to September this year, the cumulative sales of Red Flag brand reached 63640 units, an increase of 223% over the same period last year.

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With the gradual enrichment of the product line and the extensive layout of dealers, the Red Flag brand will usher in the best sales results over the years, but it is still in doubt whether it can achieve the goal of selling 100000 vehicles.

According to data from the China Automobile Association, from January to August 2019, China's automobile production and sales completed 15.939 million and 16.104 million respectively, down 12.1% and 11% respectively from the same period last year, which is still a double-digit decline.

Thanks to the supplement of the product line, Red Flag has launched three SUV models this year, namely HS5, HS7 and E-HS3, on the basis of Hongqi H5 and Hongqi H7.

Hongqi's first medium-sized SUV HS5 went on sale on May 26th, with a 2.0T engine + 6-speed manual gearbox, with a price of 18.38-249800 yuan. And its medium and large SUV HS7 went on sale on July 12, equipped with 3.0T V6 mechanical supercharged engine, matching 8-speed manual self-integrated transmission, the price of the whole series is 34.98-459800 yuan.

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When Xu Liuping took office in 2017, Red Flag products were in short supply, with only one H7 production model and the lack of sales channels for dealers, so sales of the Red Flag brand were almost negligible. With the introduction of the more people-friendly H5 model to the market, Red Flag sales are beginning to improve, and the dealer network is also developing rapidly. Xu Liuping believes that the rapid increase in the number of automotive products must be supported by a dealer network.

After Red Flag launched three SUV models in 2019, there has been a significant improvement in sales, but also changed the situation of the long-term lack of Red Flag brand products. By the end of August, Red Flag had built 146 experience centers across the country.

From luxury cars to mainstream cars, the Red Flag brand also has to build a supercar. At the Frankfurt Motor Show in early September, Red Flag unveiled its new supercar S9. It is worth noting that Red Flag plans to mass-produce the supercar and deliver it worldwide in 2021.

The Hongqi S9 supercar has an outstanding shape, and the power is equipped with a set of oil-electric hybrid system composed of V8 turbocharged engine and motor. the comprehensive power reaches 1400 horsepower, and the maximum speed can reach 400km/h. Under normal conditions, the acceleration of 100km is less than 2.3s, while the breaking time of 100km under limit conditions is only 1.9s.

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In addition, Red Flag also released a full-size all-electric SUV E115 concept car, which will be equipped with L4 self-driving technology with a range of 600km, and the mass production model is scheduled to be launched in 2020.

Red Flag sales have continued to rise, and annual sales are expected to be around 100000 vehicles, as netizens said: "it's not easy." Just completed the amount of red flag, the urgent test is the product quality stability, brand reputation and so on. Now the car market environment is in the doldrums, independent brands have been hit, red flag brand is indeed one of the bright spots.

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