China iconic brand Hongqi's luxury SUV hits the market

Photo taken on July 12, 2019 shows the launching ceremony for the Hongqi HS7 model, the first C-Class sport utility vehicle (SUV) of Hongqi, in Changchun, capital city of northeast China's Jilin Province. China's automaker FAW Group on Friday began selling the first C-Class SUV of its iconic Hongqi brand in a bid to capture a slice of the luxury car market. The Hongqi HS7 model, launched in the northeastern Chinese city of Changchun, is priced at a range of 349,800 yuan (50,900 U.S. dollars) to 459,800 yuan, the Changchun-based carmaker said. Hongqi, meaning "red flag," is China's iconic sedan brand. The brand was established in 1958 and has been used as the vehicle for parades at national celebrations. (Xinhua/Xu Chang)