FAW's new plant is under construction, officially will be put into operation no later than the end of 2010. FAW has released a report which mentioned that FAW Auto will introduce new independent brands, expansion project as well as the Pentium cars, the new models for "red flag". Below is the new generation of Red Flag sedan.
FAW Auto's 2008 annual report released in April 2009, Data from FAW Red Flag Motor Sales Co., Ltd. said "Red Flag" sedan remains weak, with sales accounting for only 1.19% of its total income.
FAW Red Flag sales drops dramatically, the reason is FAW Red Flag don't have its own model as a 60-year Automaker.
Its current models are just copy form Audi or Toyota, that ruined the potantial buyer's stomach. If Red Flag continues acting as a copycat, this brand will extinguish from Chinese buyer's mind in 3 years as quick as it declined 3 years ago.