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2019 is almost over. According to the data recently disclosed by FAW Red Flag, the cumulative sales of Red Flag reached 88000 from January to November 2019, which has achieved positive growth for 21 consecutive months, with an increase of more than 200% compared with the same period last year. It is understood that the annual output of Red Flag Manufacturing system exceeded 100000 vehicles, an increase of 199% over the same period last year. While we can see the increase in production capacity, the sales of Red Flag are also growing steadily. Since Xu Liuping, chairman of China FAW Group, took office, he has implemented a new red flag brand development strategy. New Red Flag has achieved cumulative sales of 33000 vehicles, an increase of 602% over the same period last year. It is estimated that the annual sales in 2019 will be 110000.
Under the cold winter of the automobile market, the sales volume of automobile enterprises has declined and losses have gradually become the mainstream. Statistics show that in the first nine months of this year, 70% of car companies' sales declined, nearly 30% of car companies fell by more than 50%, and nearly 80% of autonomous car companies were in a bitter battle, and few brands achieved sales growth. However, at this time, the inconspicuous FAW Red Flag brand took the lead in announcing sales results, achieving more than 10,000 units for three consecutive months. The Red Flag brand released its October sales data. In October, the Red Flag brand sold 11880 vehicles a month, an increase of 188% over the same period last year, a new high for a single month. At the same time, it has sold more than 10,000 vehicles for three consecutive months. This year.
On May 31st, FAW Red Flag released the latest sales figures, showing a cumulative sales of 118000 vehicles from January to May in 2021, an increase of 116% over the same period last year. Based on the previous data released by FAW Red Flag, FAW Red Flag sold a total of 91900 vehicles from January to April 2021, which means that FAW Red Flag sold 26100 vehicles in May this year. It is understood that this year's FAW Red Flag sales target of 400000 vehicles, so far has achieved the target of 29.5%, the remaining seven months need to complete the sales of 282000 vehicles, the pressure is not small. Before this, many netizens questioned why the sales data published by FAW Red Flag were so finished.
According to the Automotive Business Review, after Qiu Xiandong was promoted to chairman and party secretary of China first Automobile Group Co., Ltd., he immediately began a new round of organizational and personnel changes. Red Flag Brand 2023 Strategy Seminar and China FAW 2023 Strategy Seminar were held successively to clarify the brand battle between China FAW and Red Flag.
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. 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. China Automobile Association data show that from January to August 2019, China's automobile production and marketing.
At the 2023 Shanghai International Auto Show, FAW Red Flag officially released the new generation Red Flag L5 and opened the pre-sale at the same time. According to the internal product planning of the Red Flag brand, the new generation of Red Flag L5 is positioned as a "top car". The appearance design of the new car basically continues the classic shape of the previous Red Flag L5 and continues to pay tribute to the classics.
Another independent automobile company issued an internal notice prohibiting employees from driving vehicles of non-other brands into the headquarters park.
On January 8, Xu Liuping, chairman of FAW Group, announced his sales target for the next 10 years in the Great Hall of the people. Xu Liuping said at the conference that the new Red Flag brand sold more than 100000 vehicles in 2019, achieving its original target one year ahead of schedule. On the basis of the surge in sales in 2019, the New Red Flag will achieve the sales target of 200000 vehicles in 2020, 400000 vehicles in 2022, 600000 vehicles in 2025 and challenge the sales target of 1 million vehicles by 2030. For Xu Liuping put forward the sales target, in addition to some surprise, more or the red flag sales target.
The sales results of various car companies in the first half of 2018 have been announced one after another, and domestic joint ventures and independent brands have declined to varying degrees, while FAW Red Flag, as an independent brand, has amazing sales in the depressed car market, with sales of 33200 vehicles in the first half of 2019. In only half a year, it exceeded the annual sales in 2019, an increase of 252% over the same period last year. Such eye-catching sales data makes people wonder, is the rise of Red Flag really "stable" this time? As the business card of China's automobile industry, Red Flag has a special status in the minds of the Chinese people. Before that, Red Flag brand due to the relatively old models, less product choice space.
On March 10, FAW Red Flag officially released a new official picture of Red Flag H5, which is basically consistent with the concern and report of the automobile industry some time ago. the front face of the new car basically adopts the design style of Red Flag H9, "Little H9" real hammer. The new Red Flag H5 will be unveiled at the Beijing Auto Show in April and will go on sale in June and is expected to sell for between 18 and 260000 yuan, according to dealers. As a new generation model, the Red Flag H5 basically gets rid of the current Red Flag H5 styling style, with a vertical bar front grille design similar to that of the H9, with a split LED light group on both sides and a LED light source inside. On the whole, new.
when China has become one of the big automobile countries, the export brand and export volume have also been rising year by year. Recently, there are media reports that FAW Red Flag brand will export its latest flagship model H9 to the next stop in the overseas market, Japan, after exporting to the overseas market, the United Arab Emirates.
On March 26, FAW Hongqi H6, a brand new medium-sized car, officially opened its pre-sale. A total of new models were launched with a pre-sale price range of-10,000 yuan. It is understood that the Red Flag H6 is equipped with 2.0T high-power engines and is expected to go on sale at the Shanghai International Auto Show in April. In terms of appearance, before the red flag H6
Against the backdrop of the overall decline in sales in the domestic car market last year, a red flag brand achieved its annual sales target of 30, 000 vehicles ahead of schedule, reaching 31400. In 2019, the sales volume of FAW Red Flag continues to maintain a good growth momentum. In July, various car brands have successively released their own "report cards" in the past month, and FAW Red Flag is no exception. In May, FAW Red Flag sold 6400 units a month, up 120% from a year earlier. Compared with May, there was an increase in June. FAW Red Flag sales exceeded 8000 vehicles, an increase of 167% over the same period last year, a record high for a single month.
On January 8, Wanda Red Flag car flagship store opened for business in Beijing Fengke Wanda Square. Wang Jianlin, chairman of Wanda Group, personally visited Wanda Red Flag experience Center to participate in ribbon cutting. at the same time, together with Chen Xu, general manager of FAW Red Flag Automobile sales Co., Ltd., he gave 10 red flag car keys to 10 car buyers in the store, which is enough to show that Wanda and Red Flag attach great importance to bilateral cooperation. On October 11, 2021, Wanda Group and FAW of China reached a strategic cooperation. The two sides will empower each other from the three dimensions of service ecology, energy ecology and member ecology, and innovate and jointly build "Red Flag user experience ecology". Wanda will work with Red Flag and Red Flag partners.
On January 8, the "Red Flag New Energy vehicle Global Strategy Conference" was held in Guangzhou. At the press conference, Xu Liuping, chairman and party secretary of FAW, said that the target sales of the Red Flag brand will exceed 1 million in 2025, and the sales of new energy vehicles will reach 500000. By 2030, the Red Flag brand
Red flag
Recently, FAW Red Flag released the latest data showing that sales in January 2022 were 42100, up 30 per cent from the same period last year. In 2021, Red Flag sold more than 300000 new cars, up 50 per cent from the same period last year, while 42100 were sold in the first month of the year, which may indicate that Red Flag will do well this year. It is understood that FAW Red Flag has a sales target of 400000 vehicles in 2022, achieving the target of 10.5% in the first month, which is a good start for Red Flag. It should be noted that the data released by FAW Red Flag are wholesale sales, that is, the mainframe factory supplies bulk goods to dealers.
On the evening of July 31, FAW Red Flag released the latest data showing that cumulative sales from January to July exceeded 170600 vehicles, an increase of 95 per cent over the same period last year. Combining the previous data released by FAW Red Flag, FAW Red Flag sold a total of 145000 vehicles in the first half of the year, which means that FAW Red Flag sold 25600 vehicles in July this year, down 5.2% from 27000 in June and up 46.3% from 17500 in July 2020. It is understood that this year's FAW Red Flag sales target of 400000 vehicles, so far has achieved the target of 42.65%, the remaining five months need to complete the sales of 230000 vehicles, pressure.
According to data from the China Automobile Association, automobile production and sales completed 18.149 million and 18.371 million respectively from January to September, with production and sales down 11.4% and 10.3% respectively compared with the same period last year. China's automobile production and sales are in a depressed environment, FAW Group's production and sales have also been affected to a certain extent. From January to September, FAW Group's automobile production and sales were 2.41 million and 2.461 million respectively, down 3.4 per cent and 3.7 per cent from the same period last year. At the third China Enterprise Reform and Development Forum, Xu Liuping, chairman of China first Automobile Group Co., Ltd., said that although China's passenger car market has achieved negative growth for 18 consecutive months.
Enterprises and governments from China, the United States and Italy signed an investment agreement on February 2, announcing the joint launch of the Red Flag S-Series sports car, which will be launched in China and Italy, xinhuanet.com reported. It is understood that the red flag S-series project will invest 10 billion yuan to build red flag S series sports cars and brands. Red flag S series sports cars will include models such as Red Flag S9 and Red Flag S5, among which Red Flag S9 will be jointly designed by China's FAW China-Europe R & D team. and put into production at the same time in Changchun, Jilin, China and Amelia-Romagne, Italy. With the continuous launch of Red Flag S series sports car follow-up products, R & D and production work will.
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
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