Skip to main content
  1. Leisure
  2. Autos & Motorcycles
  3. Auto Reviews

Chinese-made limo sells for $803,300

See also

Viewing a $1 million Porsche at the New York International Auto Show, currently running at the Jacob Javitz Center in Manhattan, probably won’t come as a major surprise (regardless of whether or not you think any car is worth the price). But learning that someone actually paid 5 million yuan (equivalent of $803,300 US) for a car made in China may hit many people with a severe case of sticker shock. However, according to a report by Bloomberg News, Chinese automaker FAW Group (formerly known as First Automotive Works) has succeeded in finding 5 buyers for its custom-made Hongii (Red Flag) L-5 limos now being featured at the Beijing Auto Show. These include the owner of a chain of furniture malls in the country, who said he has no problem waiting an anticipated 3 months for delivery.

The Red Flag L5 is the latest model to be released by FAW, which was first started in 1958 by the communist party as a “springboard” for domestically produced cars beginning with the Hongii CA72, which was based on a 1955 Chrysler (both as sedans and convertibles used in National parades) bearing a stylized grille made to resemble a traditional Chinese fan. The same grille design is used today. In addition to making all official government cars, FAW has partnered with Volkswagen AG to manufacture Audi cars in China.

Advertisement

Leisure

  • Nail art
    Top 5 ways to express yourself whether your nails are short or long
    Camera
    Nail Art
  • Cars
    These cars have gotten the heave-ho: Will you miss them when they’re gone?
    Camera
    7 Photos
  • Spinach quiche
    Mini spinach quiche are great for party snacks or for appetizers
    Camera
    7 Photos
  • Peacock Inn
    Seasonal five course tasting menu at The Peacock Inn in Princeton
    Camera
    6 Photos
  • Makeup
    Is the new Wonder Woman makeup similar to Kim Kardashian's look?
    Camera
    8 Photos
  • Wavy hair tips
    Grab your flat iron and start curling with it to get these beautiful waves
    Camera
    7 Photos