Car "new trade" can be subsidized
According to a report yesterday by the newspaper, the State Council has recently researched and deployed policies and measures to encourage the "renewal of old cars" policy. For medium-, light-, micro-duty trucks and some medium-sized passenger vehicles that meet certain service life requirements, those that prematurely scrapped and redeployed new cars, or those that failed to meet the national I standards for the discharge of waste pollutants in advance and those that did not meet the requirements III. Standard diesel vehicles, and the replacement of new ones, shall in principle be subsidized at a rate not higher than the single vehicle purchase tax for the same type.
policy analyzing
Industry analysts analyze the amount of subsidy transferred to 5 billion yuan lighter truck benefit
Analysts pointed out that, compared with previous policies, whether the scope of the “new trade†or the amount of subsidies has been expanded, which is conducive to the overall warming of China's auto industry. Since some commercial vehicle types are entering the “new-for-new†range for the first time, they are more beneficial to commercial vehicles.
The micro-customers in the automobile-to-country policy benefited the most, but the benefit of light trucks was not obvious. This trade-in policy is expected to stimulate demand for light trucks. Judging from the current vehicle replacement subsidies policy, the involved models include Zhongka, light trucks, micro-cards, and Zhongke; among these models, light trucks are expected to be scrapped and redeployed ahead of schedule due to the lower average price of light-duty bicycles and a larger proportion of light truck sales and sales revenue. The proportion of new cars is larger.
In addition, the analysis of the automotive industry of the China Merchants Securities industry, Teacher Yu Yu, said that compared with the previous policy, the “replacement of new technology†has increased the number of new passenger vehicles in China Cards, micro-cards, and some medium-sized passenger vehicles, which has increased the number of new varieties of commercial vehicles, which is beneficial to commercial vehicles. Warmer.
Everbright Securities industry analyst Yang Huachao also pointed out that in the old-for-new policy, gasoline vehicles that do not meet the national I standard for pollutant emissions and diesel vehicles that do not meet the national III standard are "yellow standard vehicles" in Beijing and Shanghai. The provinces and cities have already demanded that the “yellow label car†exit the market.The introduction of a subsidy policy is conducive to the redemption of the “yellow label car†because the market is huge, for example, there are 300,000 “yellow label cars†in Shanghai, and Shanghai The number of cards sold in the year is only 80,000 to 90,000, so this will help increase the sales of commercial vehicles.
Stones of Other Hills
UK begins implementation of "new trade" subsidy program for cars
From the 18th, the United Kingdom began implementing a subsidy program for consumers who purchased new cars from obsolete vehicles. The cost is borne by the government and auto manufacturers. According to reports, each consumer who quits an old car and buys a new car can receive a subsidy of 2,000 pounds (a pound sterling about 1.5 US dollars). The conditions for enjoying the subsidy are that the old car should be a car that is registered on August 21, 1999 and is suitable for driving on the road, weighing less than 3.5 tons. Similarly, the weight of the new car should also be below 3.5 tons.
The subsidy plan is applicable to vehicles purchased after April 23 this year. The plan will continue until February 28 next year, or until the 300 million pounds of subsidies are used up.
The purpose of this project is not only to stimulate car consumption, but also to reduce exhaust emissions by eliminating obsolete, low-efficiency vehicles. Before the United Kingdom, European countries such as France and Germany successively implemented similar car replacement plans and achieved good results.
related data
The first four months of decline in the production and sales of commercial vehicles
According to statistics from the China Association of Automobile Manufacturers, from January to April this year, the production and sales of domestically produced automobiles were 3.828 million units and 3.8319 million units, an increase of 6.40% and 9.43% year-on-year. However, statistics show that the performance of passenger cars and commercial vehicles is very different: In the first four months, the production and sales of domestic passenger cars increased 9.75% and 15.09% year-on-year, but the production and sales of commercial vehicles dropped by 1.46% and 3.86% respectively.
Advantageous policy
â—Ž Policies are conducive to expanding consumption
Experts: Can Drive 1 Million Car Sales
Liu Ming, a principal researcher at the Economic Information Center of the National Information Center, believes that self-use needs are relatively straightforward and are easily stimulated by policies. Heavy trucks are not included in the subsidy. The unit price of the heavy truck is generally more than 200,000 yuan, and the idle cost is relatively high. It is mainly used for investment-based consumption, which is closely related to the overall economic situation. This subsidy is mainly the purchase of tax, according to the average price of vehicles within the subsidy range of 50,000 yuan to 100,000 yuan, the average purchase tax of about 5,000 yuan. Estimated to subsidize the amount of 5 billion, it will drive the sales of 5 to 1 million cars.
Zhao Ying, a researcher at the Institute of Industrial Economics at the Chinese Academy of Social Sciences, said that heavy-duty card spending has a certain period of lag. With the nation's infrastructure projects fully rolled out, demand for heavy trucks will resume in the second quarter. In the long run, accelerating the scrapping of vehicles will free up the market for new vehicles. It will also explore a road for the development of circular economy in the future, realize a virtuous circle of used household appliances and automobiles, and be conducive to the upgrading of urban industries.
â—Ž Policy is conducive to energy conservation and environmental protection
"Old-for-new" has three major features
1. Compared to the policies of autos going to the countryside and motorcycles going to the countryside, this time the “new-for-new†automobile is obviously bringing urban consumers into scope.
The $250 million is not just a simple increase in strength, but a big leap forward.
3. This policy is conducive to energy conservation and emission reduction, improving resource utilization, and reducing environmental pollution. This is also an important point.
Retirement of old cars must be strengthened
The new measures introduced by the country will not only benefit the recovery of the domestic commercial vehicle market in the second half of the year, but also help accelerate the elimination of a large number of highly polluting yellow-label vehicles. This is a strong continuation of the “combination boxing†of the auto industry restructuring and rejuvenation plan this year, which fully shows the country’s The strong power in stimulating the domestic demand "backhand policy".
Since the beginning of this year, European multinational governments have vigorously stimulated domestic car sales by giving various subsidies such as subsidies for replacement of used cars. The form of subsidies is mostly offset by a certain amount of new car purchases from old cars. In March this year, the reporter learned from an interview with BMW BMW Scrap Car Recycling Center in Germany that due to Germany’s subsidy of €2,500 for each consumer who bought a new car for scrapping a vehicle that has been used for more than 9 years, it has caused consumers everywhere to scrap The replacement of new cars by vehicles has caused a lot of work pressure at the scrap points of used vehicles to increase. It is also difficult to avoid causing some waste in the recycling process. Therefore, in the next stage, all departments should focus on the supervision of the old car scrapping process, and severely crack down on the stubborn diseases of the auto scrapping market, such as “not reported†and proof of opening. Environmental protection departments at all levels should also strengthen the supervision of environmental pollution and recycling of harmful components in the scrapped links of old cars.
View related topics: "new trade-in" stimulates the development of commercial vehicle market