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    FAW aims to revive iconic Chinese brand

    By Li Fangfang and Yang Ziman | China Daily | Updated: 2013-05-31 08:12

    FAW aims to revive iconic Chinese brand

    The Hongqi H7 sedan, priced at between 299,800 yuan ($49,000) and 479,800 yuan with two choices of engine displacements, a turbocharged 2.0L and 3.0L, will initially target officials at the ministerial level or above, said the company. Wang Jing / China Daily

    China's First Automobile Works Group Corp hopes to revive the flagging fortunes of its iconic Hongqi brand with Thursday's launch of its newly developed H7 model.

    FAW aims to revive iconic Chinese brand

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