The auto sector rose 37% in 23 trading days

  Car consumption ushered in "super gift package"

  On June 1, the Shanghai Composite Index fell slightly by 0.13% to 3182.16 points, the Shenzhen Component Index rose by 0.21% to 11551.27 points, and the ChiNext Index rose by 0.99% to 2428.96 points. The total transaction volume of the two cities was 885.3 billion yuan, and the net purchase of northbound funds was 1.247 billion yuan. .

  The auto sector surged 2.49%, ranking second in the industry sector.

139 stocks were in the red, and 14 stocks rose by the daily limit.

  17 car brands

  Responding to tax cuts

  A reporter from Beijing Youth Daily found that since the auto sector index hit a new low in this round of adjustment on April 27, as of yesterday's close, its increase had reached 37% in 23 trading days, making it the most active industry sector.

  The driving force behind it is that automobile consumption ushered in a "super gift package" on May 31; and more policies on automobiles may still be introduced intensively.

  As of June 1, according to incomplete market statistics, more than 20 auto brands have launched follow-up subsidy policies, of which as many as 17 brands have proposed a purchase tax-free subsidy program.

  Many brands also give gifts in various forms, such as FAW Bestune with commercial insurance, and Haval under Great Wall with a gift package of 3,000 yuan (1,000 yuan for commercial insurance + 2,000 yuan for boutique/maintenance coupons), etc.

  SAIC-GM-Wuling, the "national car", has launched a "1 billion subsidy" promotion policy. It will issue a car purchase subsidy of 1 billion yuan for all its models from June, mainly including the highest subsidy of 21,000 yuan and 9.9 yuan for the whole series. Then send a number of promotional policies such as compulsory insurance.

  At present, my country's vehicle purchase tax rate is 10%, and the tax rate is 5%.

According to the calculation of the top 300,000 yuan model, each car can save 15,000 yuan in taxes, and the 60 billion purchase tax subsidy means that at least 4 million vehicles can enjoy policy dividends.

  Reduce vehicle purchase tax by half

  Cover 90% of the market

  The previously clarified policy rules for "tax reduction for passenger car purchases" were released: For 2.0 liters and below, the purchase date is between June 1, 2022 and December 31, 2022, and the price of a bicycle does not exceed 300,000 yuan. For passenger cars, the vehicle purchase tax will be halved.

  It is understood that the previous two rounds of purchase tax reduction and levy were only for passenger cars with a displacement of 1.6 liters and below. This time it is directly classified as a passenger car with a displacement of 2.0 liters and below that does not exceed 300,000 yuan. The benefits are wide, ten Unprecedented in years.

  Cui Dongshu, secretary general of the Passenger Federation, said in a document that the above policy can be described as a "super-powerful red envelope", which is conducive to driving the increase in automobile consumption to 2 million units, and is different from the previous one, which can only drive the growth of A-class and below passenger cars. It is "comprehensive" - ​​"all self-owned brand models, all joint venture mainstream models, and some entry-level luxury car market demand will explode, and the explosion potential is huge."

  Cui Dongshu said that in mid-May, the China Passenger Car Association estimated that the retail sales of domestic automobiles this year would be 19 million units, a year-on-year decrease of 5%. Sales are expected to reach 21 million units.

  The stimulating effect is huge. Passenger cars with a displacement of no more than 300,000 yuan and a displacement of 2.0 liters and below are the basic market of China's passenger car market.

Lang Xuehong, deputy secretary-general of the China Automobile Dealers Association, once pointed out that passenger cars with a displacement of 2.0 liters and below cover 90% of the market.

  The previous preferential policies related to vehicle purchase tax were aimed at passenger cars with a displacement of 1.6 liters and below: From January 20, 2009 to December 31, 2009, the small exhaust with a displacement of 1.6 liters and below For passenger cars with a displacement of 1.6 liters and below, the vehicle purchase tax will be temporarily reduced at a tax rate of 5%; for the entire next year, the vehicle purchase tax will be temporarily reduced at a tax rate of 7.5%; October 1, 2015 From December 31, 2016, the vehicle purchase tax is levied at a reduced rate of 5% for passenger cars with a displacement of 1.6 liters and below.

  Removal of restrictions on used cars

  Driving sales growth in the new car market

  In the package of policies issued by the State Council, there are a number of measures to increase automobile consumption - in addition to reducing the purchase tax on passenger cars below a certain displacement, it also includes relaxing vehicle purchase restrictions, abolishing the restrictions on the relocation of second-hand cars, and supporting parallel use of automobiles. Import business, cancel the restrictions on pickup trucks entering the city, etc.

  The cancellation of the restrictions on the relocation of second-hand cars is clearly to be "comprehensive" - ​​the removal of restrictions on the relocation of small non-operating second-hand cars that meet the National V emission standards nationwide.

This means that in key areas for air pollution prevention and control such as the Beijing-Tianjin-Hebei, the Yangtze River Delta, and the Pearl River Delta, second-hand cars with National V emission standards are also expected to resume trading.

It is understood that because the Beijing-Tianjin-Hebei, Yangtze River Delta, Pearl River Delta and other key areas for air pollution prevention and control were not previously within the scope of canceling the relocation restrictions, the vitality of the used car market in these areas has been affected to a certain extent. The vitality of the market will be further released.

  According to relevant sources, after the removal of the restrictions on second-hand car relocation, it will not only facilitate the market-oriented development of second-hand cars, but also further promote the sales growth of the new car market through the replacement of second-hand cars.

  Text / reporter Liu Shenliang

  Coordination / Yu Meiying