The First Automobile Works Group Corp launched its new Hongqi H7 sedan on May 30. The model is said to mostly use the company's independently developed technologies. The car has three versions that are installed with different engines, which are also developed by the company. The H series is targeted at the service car market, and industry insiders said it has the potential to compete with the Audi A6L and Toyota's Crown. The Hongqi brand was originally designed to serve top Chinese government officials in the 1950s and 1960s.

(Source: China Daily)