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Hongqi Guoli (formerly L5) becomes single most expensive Chinese export – RM6.5mil for a used car!

Summary by Paul Tan's Automotive News
You may know of Hongqi, the luxury vehicle arm of FAW and the oldest automotive brand in China, with a long history of producing vehicle for state leaders and dignitaries. You may also know about the L5, the company’s flagship, which became famous locally when the first second-generation unit was gifted to the current Yang di-Pertuan Agong, Sultan Ibrahim Iskandar. But its continued rarity and the fact it’s only sold in China means that the car,…
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Paul Tan's Automotive News broke the news in on Wednesday, June 18, 2025.
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