China News Service, March 21 (China News reporter Ge Cheng) The weather is getting warmer, and the "good news" for the automobile industry this year has also arrived as expected.

Recently, the "Action Plan for Promoting Large-Scale Equipment Updates and Trade-in of Consumer Goods" (hereinafter referred to as the "Action Plan") issued by the State Council proposed to carry out trade-in of automobiles.

We will increase policy support, unblock circulation congestion points, and promote automobile tiered consumption and updated consumption.

  Industry insiders believe that with the implementation of the above-mentioned plans, the auto market will establish an effective mechanism that makes it easier to get rid of old cars and more willing to replace them with new ones, shortening the car replacement cycle of consumers, so that the domestic car ownership and car condition levels will increase simultaneously. At the same time, It will also further prosper the second-hand car market and achieve high-quality growth in automobile consumption.

  The picture shows the exit car parking area of ​​Xiaomo International Logistics Port.

Photo by China News Service reporter Chen Wen

Will significantly boost automobile consumption

  Sino-Singapore Finance found that since 2009, my country has repeatedly launched policies to stimulate automobile consumption. The measures include both "direct money reductions" such as purchase tax reduction and exemption, energy-saving vehicle subsidies, and "indirect money reduction" such as trade-in of old ones and sending cars to the countryside. Promotion".

  Take 2009 as an example. Not long after my country entered the era of private cars, the automobile industry was not yet stable. Affected by the global financial crisis, production and sales declined.

With the introduction of old-for-new policies and purchase tax exemptions that year, China's automobile production and sales surpassed the United States to become the first in the world, and this record has been maintained to this day.

  "Looking back at the previously introduced automobile consumption stimulus policies, they have significantly boosted industry sales." According to Zhang Xiang, researcher at the Automotive Industry Innovation Research Center of North China University of Technology and director of the Vodafor Digital Automotive International Cooperation Research Center, this "Action Plan" 》The implementation will also play a significant role in stimulating my country's automobile consumption.

  Zhang Xiang also pointed out that the trade-in proposed in this "Action Plan" is highly targeted and may effectively clear up the bottlenecks in consumers' car replacement process.

"Compared with developed countries, car owners in my country have a longer replacement cycle. The first car owners replace their cars after an average of 6-7 years, while in developed countries it only takes 2-3 years. Shortening the above-mentioned cycle will have a positive impact on the new car market. "

  Audiences visit the 21st Guangzhou International Automobile Exhibition.

Photo by reporter Chen Jimin

Scrap-for-sale will become an important driving force for industry growth

  The "Action Plan" proposes that by 2027, the recycling volume of scrapped cars will approximately double compared with 2023, and the transaction volume of second-hand cars will increase by 45% compared with 2023.

  According to Cui Dongshu, secretary-general of the Passenger Car Association, the above-mentioned goals for recycling scrapped cars are well-founded.

Since 2008, my country's automobile production and sales have shown explosive growth, increasing by more than 9 times in ten years.

Calculated based on the scrapping and recycling of 15-year-old vehicles, it has now entered the peak stage of concentrated scrapping.

  "There are more than 16 million passenger cars using National III and below emission standards, of which more than 7 million are more than 15 years old." During this year's National Two Sessions, Minister of Commerce Wang Wentao said that my country's automobile, home appliances, and home improvement markets The complex is large in size, and a considerable number of products have long service life, high energy consumption and emissions, and some have certain safety hazards due to long-term use. The potential update demand has entered a period of concentrated release.

  The "Action Plan" also puts forward requirements for trade-in models. "Strictly implement the mandatory scrapping standards for motor vehicles and vehicle safety and environmental protection inspection standards, and eliminate old cars that meet the mandatory scrapping standards in accordance with laws and regulations. Optimize car purchase restrictions according to local conditions, and promote automobile Use the full life cycle to manage the construction of information interaction systems.”

  According to Cui Dongshu's calculations, the net increase in vehicle scrapping volume in 2023 will be 7.56 million vehicles, and the trend will be significantly accelerated in the future.

Therefore, vehicle scrapping, renewal and upgrading will become an important driving force for industry growth.

At the same time, the export transfer model of second-hand cars is becoming increasingly mature, and the condition level of cars on domestic roads will also gradually improve.

  Data map: Automobile manufacturing.

Photo by China News Service reporter Wang Gang

Specific measures are highly anticipated

  The "Action Plan" clarifies that we will organize and carry out national automobile trade-in promotion activities, encourage automobile manufacturers and sales companies to carry out promotional activities, and guide the industry to orderly competition.

  China News Finance learned that before the "Action Plan" was released, many independent and joint venture brands including Geely, Haval, BYD, FAW-Volkswagen, Beijing Hyundai and other brands had already launched trade-in promotions.

However, most of these promotional activities are limited to within the brand. In addition to different subsidy methods and amounts, there are also restrictions on the car models that consumers can purchase.

  Many car salespeople told reporters that after learning about the car trade-in policy, they are also looking forward to the implementation methods and standard policy details of the car trade-in action plan.

"Traditional trade-ins are mostly based on subsidies from car companies. Not only are the participating models limited, but consumers are not too cold about it. If there is a large-scale subsidy policy, cars will be sold faster."

  "Generally speaking, the car trade-in policy is in line with the law of economic development and the development trend of China's automobile industry." Zhang Xiang said that with economic growth, everyone's purchasing power has increased, and the people have a need to improve their quality of life.

The technological innovation of new energy vehicles is getting faster and faster, and the level of intelligence is getting higher and higher, which further stimulates consumers to change cars and improve the quality of driving control.

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