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Shanghai (Gasgoo)- FAW Group's premium car brand Hongqi announced it sold a total of 118,000 new vehicles during the first five months of 2021, representing a remarkable year-on-year growth of 116%. Hongqi H9; photo credit: HongqiAccording to Hongqi's Jan.-Apr. cumulative sales, there were around 26,100 vehicles sold in May, a year-over-year leap of 73%. Hongqi aims to sell 400,000 vehicles throughout 2021, 29.5% of which has been completed in the Jan.-May period. According to the China Automotive Technology & Research Center (CATARC), Hongqi ranked sixth among premium auto brands by April insurance registrations.