Are Hongqi and Bestune the same company?
2 Answers
In essence, they are the same entity, as Bestune and Hongqi are two brands under FAW. Here's some relevant information about China FAW: 1. Overview of China FAW: Originally known as the First Automobile Works, with its factory name inscribed by Chairman Mao Zedong and founded by Rao Bin, it was established on July 15, 1953. After more than sixty years of development, China FAW has grown into a large state-owned automobile enterprise group with an annual production and sales volume of 3 million vehicles, consistently ranking in the top tier of the industry. 2. Technological Innovation at China FAW: In terms of technological innovation, FAW possesses national key laboratories and postdoctoral research stations. Over the past decade, its scientific and technological research achievements have won more than 150 national and industry awards. The project 'Independent Development of the Sixth-Generation Jiefang Heavy-Duty Commercial Vehicle Series and Diesel Engines' was awarded the first prize of the National Science and Technology Progress Award. Currently, FAW is actively integrating global resources to establish a 'Three Countries, Five Locations' R&D layout.
I've previously researched the backgrounds of many car brands, and both Hongqi and Bestune indeed belong to the FAW Group in China. Hongqi is positioned as a high-end luxury brand, with models like the Hongqi H9 utilizing proprietary technology, primarily targeting the business and luxury car markets. Bestune, on the other hand, is more affordable and accessible, with SUVs like the Bestune T77 designed for family users, featuring simple and durable designs. The two brands share R&D platforms and manufacturing resources, such as commonly used engines and chassis, which helps reduce costs. In terms of technical details, FAW implements unified quality management, but users can choose based on their budget and needs: opt for Hongqi for prestige, or choose Bestune for cost savings. I often help friends with car selection, and this combination allows domestic cars to cover a broader audience, serving as a typical example of the rise of domestic products.