Hongqi L5, the Chinese made car is consider the most expensive one in China after it’s been sold over $800k on their first production. In Chinese, “Hongqi” in means “red flag,” the most potent symbol of the Chinese Communist Party, making it a fitting name for a company that supplied the apparatchik. A symbol of power, a sphere of influence, a four-wheeled Great Leap Forward! Curiously enough, it took Nixon’s 1972 visit for Mao Zedong (who finally swore off the Soviets and their ZIS-110s) to get into a Hongqi. Here is some more news about Hongqi L5 :
According to MarketWatch :
“Under development for the past four years, it made its debut at this year’s Beijing auto show with a 5-million yuan sticker. To own China’s most expensive car, you’ll pay the U.S. equivalent of about $801,624, which, as far as we can tell, is the most expensive car to carry one of those small, oval Made in China stickers. Naturally, somebody bought the first one right from the show floor. Nailing 50 years’ worth of luxury, its specifications are fittingly impressive. It digs into the pavement with three tons of intimidation. It is 20 feet long. There’s a 6.0-liter V12 that produces around 400 hp and 405 lb-ft of torque. A six-speed automatic carries this power to all four wheels because the snow in Beijing arrives late but fast. It carries the upright slab-sidedness of not only its styling homage, the famous CA770, but also to various Kenmore products, the works of Mies van der Rohe, etc. The grille mimics the CA770 perfectly. You’d be tempted to put eyelashes on the big chrome headlights, but I wouldn’t, comrade.” written by Blake Z. Rong.
According to Jalopnik :
“You may recall Hongqi as the manufacturer of glorious retro-Communist limousines like the L9, which debuted at last year’s Shanghai show. The L5 is the newest car in that series, and this version is aimed at rich, patriotic civilians who want something more homegrown than a Rolls or a Bentley. It’s powered by a 6.0-liter V12 with 408 horsepower, is 20 feet long, weighs nearly 7,000 pounds, is loaded down leather and wood and tablets, and has those old-school good looks its owners crave.” written by Patrick George.
According to Carbuzz :
“Company hopes this car will make local leaders buy domestic again. Shown at this week’s Beijing Motor Show 2014, the Hongqi L-Series was designed to become the new status symbol for China’s political and business elite. This group has grown accustomed to being chauffeured around in foreign brands, but parent company, FAW Group, hopes this limousine will be enough to bring them back home. Apparently, it worked for one local businessman, who agreed to shell out at least $803,000 (five million yuan) to take possession of the show car.“
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