Hongqi (Chinese: 红旗; pinyin: Hóngqí) is a Chinese luxury car marque owned by the automaker FAW Car Company, itself a subsidiary of FAW Group. Hongqi was launched in 1959, making it the oldest Chinese passenger car marque.[1] In Chinese, hongqi means "red flag." Originally, Hongqi models were only for high-ranking government officials.[2] They ceased production in 1981 but were later revived in the mid-1990s