The auto policy of exchange the old for new ,will be postponed to the end of the year
Since June 1 last year, introduced a one-year policy to this cars TM to the end. Sources said the car has been the policy will be extended to TM to the end of this year, the Commerce Department will soon introduce a new policy. Many of these city cars TM to the relevant departments has confirmed the news of the policy extended to the end of the year.
According to the Shanghai Commission of Commerce recently disclosed by the municipal government agreed that Shanghai will “encourage the old car out of the Shanghai Provisional Measures update subsidies” to implement extended to December 31, 2010 end, while receiving extended to January 2011 31.
Under the current policy, automobile TM to policy implementation time for June 1, 2009 to May 31, 2010, that is, subsidies for automobile TM to be reported to sell vehicles time and cost to redeem the time shall, within that time. “TM” specific subsidy programs are: 6,000 yuan of medium trucks, light trucks 5,000 yuan, 4,000 yuan mini trucks, buses medium containing 5,000 yuan, 4,000 yuan Light Bus, Mini Passenger Van 3,000, other models 6000.
In fact, trade-in policy since the implementation of new vehicle sales driven estimation of 100 000. This is the National Passenger Car Market Information Co-Secretary General Rao statistics. Therefore, it is relevant to point out that the policy of macro-control cars TM to high costs and little effect.
It is understood that, in order to enhance the effects of policies, this year, trade-in subsidy rate has been substantially adjusted. From the beginning of the year, automobile TM to limit the amount of subsidies from 6,000 yuan to 18,000 yuan, and allow qualified vehicles while enjoying the vehicle purchase tax credit policy. In addition, some local governments to meet the state’s policy, and take some appropriate measures. Multiple roles, and especially the policy to be closed in this period of time, trade-in market finally ushered in a “blowout.”
Seeing a new round of auto TM to the policy, but also to the deadline. I do not know the pressure forced some level, or the market can not do without this stimulus, cars TM to delay implementation, will become inevitable phenomenon will continue. But long-term perspective, as well as the development of the automotive market rational perspective, such a passive delay is itself a compromise, and the other discordant signals.
Auto TM to the policy extension, the impact on how good the Chinese auto market, for the time being not yet conclusive, but the specific notification extension not out.
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