Where is it difficult to implement the global popular car exchange?


In the context of the economic crisis, the global automotive industry is facing a consumption dilemma. At present, a solution that “gets the car away from the exhibition hall” is popular among countries. Germany and the United Kingdom are all implementing the “Old Vehicle Scrap Retirement Subsidy Measures for Vehicles Over 10 Years Old”. China now also has a "new-for-new" policy. On May 19, the executive meeting of the State Council decided to use financial subsidies to encourage the “renewal of old cars”.

Different subsidies

The first subsidy for “renewal of trade” was Germany, which later spread to France and Italy and entered the UK this month. In the first four months of 2009, the sales of new cars in the UK dropped by nearly 30%. British consumers replaced the old cars with a cash subsidy of 3,000 US dollars. The total government subsidy funds amounted to approximately 450 million U.S. dollars.

This time, China's newly introduced subsidy policy is mainly for the commercial vehicle sector. Xu Caihua, a researcher at the Guodu Securities Research Institute, said in an interview on May 20th: “For cities, logistics vehicles are mainly used; for rural areas, they are mainly light trucks. In comparison, they are also supported policies introduced in March.” Drive more '."

So why did the country introduce a subsidy policy specifically for commercial vehicles? The unsatisfactory sales situation is one reason. According to the statistics of China Association of Automobile Manufacturers, in the first four months of this year, the number of passenger cars produced and sold was 72,000 and 75,600, which was a year-on-year decrease of 9.22% and 4.96%; and the production and sales of trucks were 743,100 and 719,700, an increase of 17.11% and 11.99% respectively.

Other countries are also interested in introducing a similar plan. Japan is considering subsidizing "hybrid hybrid cars and various electric models." The U.S. Congress is expected to pass a bill in the next few weeks to subsidize the replacement car owners for 4,500 U.S. dollars.

In terms of the source of subsidy funds, half of the UK's $3,000 "subsidy" comes from the government, and the other half comes from auto companies. However, China's auto companies do not have the subsidy strength. “Generally speaking, the profit rate of light truck companies is about 5%. If subsidies are provided, there will be no profits for the enterprises.” Xu Caihua said.

Where is it difficult to perform

Where is the difficulty of implementing this subsidy policy? Xu Caihua believes that "in many areas of China's auto scrap system is not strictly enforced, many overtime service vehicles are not registered. By comparison, foreign auto scrap registration system specifications, until time will be a strict scrapping process."

The amount of subsidies is also a key factor. According to regulations, the amount of “no more than a single vehicle purchase tax” is approximately 5% of the vehicle price. Xu Caihua believes that “this part of the subsidy will not be too sensitive for urban consumers, but rural users may be more concerned about it, and they will value this 5% value”.

Xu Caihua further analyzed with reporters that many light trucks that can only serve for 5 years will have to trade off if they are used for more than 10 years.

In addition, some light-cargo companies also have slight criticisms of this policy. Compared with micro-offers, the policy support for light trucks is slightly weaker. A light truck vendor told reporters: "Why micro-passengers can directly enjoy car subsidy, and light trucks are also subject to 'rebate' restrictions? We hope that light trucks can enjoy the same subsidy policy as micro-customers."

In April, the micro-customer market was a “sunny day” with sales up 70.66% year-on-year. Take a Wuling micro-customer as an example, priced at about 48,600 yuan, the state subsidies 4860 yuan, half the purchase tax can save 2,077 yuan, two together 6937 yuan, coupled with the company launched "thousands of counties Huimin Huimin The big move, the manufacturer returned 1000 yuan coupons as maintenance costs, which greatly stimulated the consumer's buying enthusiasm.


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