New license plate indicators, maximum subsidy of 20,000 yuan, and local governments are competing to encourage car buying

Data map: Auto show.

Photo by Chen Wen

　　Zhongxin Finance, June 9 (Ge Cheng) With the introduction of the policy of "reducing the purchase tax of some passenger cars by 60 billion yuan in stages", various incentive policies for automobile consumption have also followed.

　　Industry insiders predict that the automotive industry is about to usher in a round of "explosive" growth.

Under the influence of the policy "combination boxing", it is

.

Further through the upstream raw material industry and the downstream insurance and financial industry, it will generate an economic driving effect of about 500 billion yuan.

More than 60% of the cities with purchase restrictions that provide new car purchase indicators

　　China-Singapore Finance found that among the eight cities in the country that have implemented long-term car purchase restrictions

　　Among them, Shanghai will increase the quota of 40,000 non-commercial passenger car license plates within the year; Guangzhou will add 30,000 car purchase quotas on the original basis; Shenzhen will directly add 20,000 additional quotas for ordinary cars; Hangzhou will 40,000 passenger car indicators will be allocated at one time; Tianjin will invest an additional 35,000 incremental indicators.

　　However, the newly added indicators provided by the purchase-restricted cities are different in terms of target population and configuration methods.

Both Shenzhen and Hangzhou stated that they will allocate new indicators at one time to those who have accumulated more than a certain number of lottery numbers through a special lottery.

Tianjin, on the other hand, said that the incremental indicators of additional investment will be allocated on average to the seven months from June to December 2022, with a monthly increase of 5,000 allocations.

Local governments encourage car purchases, and new energy vehicles are strongly supported

　　In addition to the new car purchase indicators, many places including Beijing, Shanghai, Guangdong and other places have introduced corresponding auto consumption stimulus policies. Consumers can enjoy subsidies when purchasing or replacing new cars, up to 20,000 yuan.

　　However, the subsidies for ordinary fuel vehicles and new energy vehicles vary from place to place.

　　Taking the policy of Guangdong Province as an example, for scrapping old cars, the subsidy for purchasing new energy vehicles is 10,000 yuan per vehicle, and the subsidy for purchasing fuel vehicles is 5,000 yuan per vehicle; Subsidy for fuel vehicles is 3,000 yuan per vehicle.

　　Shenzhen city will give a maximum subsidy of no more than 20,000 yuan per unit to the winner of the purchase of new energy vehicles.

　　Chen Shihua, deputy secretary-general of the China Automobile Association, told Zhongxin Finance in an interview that

.

In some areas, the maximum subsidy for purchasing new energy vehicles has reached 20,000 yuan.

It accounts for a large proportion of the price of the vehicle.

Car companies grab customers, subsidy policies are "dazzling"

　　In addition to policy support for auto consumption, auto companies have also actively followed up with subsidies and promotions.

　　At present, more than 20 joint ventures and independent car companies, including SAIC Volkswagen, Dongfeng Nissan, Changan Automobile, and Geely, have successively introduced relevant policies.

The forms of subsidies include not only replacement, discounts from manufacturers when purchasing a car, but also financial gift packages, fuel subsidies, insurance subsidies, etc. The various forms of subsidies can be described as "a dazzling array".

　　The relevant person in charge of SAIC Volkswagen told the China-News Financial Reporter that at present, many SUVs and sedans of SAIC Volkswagen can enjoy additional manufacturer subsidy policies, and consumers can enjoy the “full purchase tax exemption” after the subsidy.

Expert:

　　According to Liu Bin, chief expert of finance, taxation and finance at China Automotive Technology Research Center, "reducing the purchase tax of some passenger cars by 60 billion yuan in stages" and "providing new car purchase indicators" can be described as two "killers", which can effectively stimulate The effect of car consumption.

　　Liu Bin said that although the new car purchase indicators are short-term measures, they can reverse the unfavorable situation of the auto market

and the policy of tax reduction (a phased reduction of 60 billion yuan in purchase tax for some passenger cars) can benefit more than 10 million vehicles. The strength of the policy has already met expectations.

　　In Chen Shihua's view, the increase of car purchase indicators in the purchase-restricted cities will directly promote car sales.

The increased indicators can directly form the physical quantity of the year's purchases. This is obvious. The measures of local governments to increase the car purchase indicators are very worthy of encouragement.

　　Chen Shihua also called on local governments to introduce more policies to promote local car consumption. The

Automobile Association hopes that cities that have not increased indicators can also increase some car purchase indicators as soon as possible.

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