“Go big or go home”couldn’t be more fitting than when it comes to describing China’s crack at the luxury car market. In an article published by Bloomberg News April 19, we learned that China’s FAW Group has created the Hongqi and unveiled it at the Beijing Auto Show.
The numbers? Gargantuan. According to an April 24 article from the BBC, the limousine is 7,000 lbs, 18 feet long, 6.5 feet wide and 5 feet tall. It utilizes a 6.0-liter V12 that produces 402-horsepower and 405 lb-ft of torque to get around. Power is sent to all four wheels and the interior is trimmed in top-quality leather and wood.
(See also: BMW Vision Future Luxury)
Thinking about getting one? Assuming you decide that a Lamborghini Aventador or Ferrari F12berlinetta are both too common and too cheap, the Hongqi, which means “Red Flag,” can be yours at the reasonable price of ¥5 million (approx. $800,000). Just ask Wang Zhonghua, a man who runs a company that owns a chain of Chinese furniture stores in Nanjing. He’ll be receiving his Red Flag in about three months’ time.