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Carmaker Red Flag, favorite of Chairman Mao, eyes 1m customers by 2030

BEIJING/SHANGHAI (Reuters) - China's FAW Group aims to double its annual sales of Chairman Mao Zedong's carmaker of choice, Hongqi, or Red Flag, to 200,000 units this year and grow them further to 1 million cars in the next decade, its chairman Xu Liuping said. Hongqi, launched in 1958 by the state-owned carmaker, will have 21 car models under its marque and 18 of them will be electrified by 2025, Xu said at an event held in China's Great Hall of People late on Wednesday. Hongqi, based in the

Crash sends race car driver sliding into first place

A Belgian race car driver won an unexpected victory at the 2016 FIA GT World Cup race last weekend when he slid to victory on the roof of his car.

Mau-tronic! FAW's Chinese robotic car

Now this has disaster spelled all over it. (If you can read Chinese.)