The first April passenger car and commercial vehicle "Icefire two heavy days"
In response to the phenomena of passenger cars and commercial vehicles becoming increasingly rampant, the relevant authorities of the country again made heavy fists yesterday and urged commercial vehicle sales to increase. This is the third time after the "cars went to the countryside" in March and the "Ministry of Finance increased support for retirement subsidies for old cars."
"Subsidy funds have increased five-fold, which is a great advantage for commercial vehicle sales." Yesterday, after learning about new car scrapping and renewing measures, an eligible commercial car owner could not restrain himself when interviewed by reporters. The feeling of joy. Pacific Securities analyst Shi Jijia believes that this policy will bring benefits to listed companies such as Dongfeng Motor, Foton Motor and Jianghuai Automobile.
The industry believes that this greater subsidy is due to the performance of passenger cars and commercial vehicles in the first four months of this year. According to statistics from the China Automotive Industry Association, passenger car sales hit new highs in the first four months of this year, but sales of commercial vehicles have fallen frequently. From January to April, the production and sales of trucks were 743,100 units and 719,700 units, an increase of 17.11% and 11.99% year-on-year; the production and sales of semi-trailer tractors were 23,900 units and 28,400 units, which was a year-on-year decrease of 73.51% and 69.21%; the production and sales of passenger vehicles were not completed. There were 21,200 vehicles and 21,300 vehicles, which was a decrease of 38.38% and 37.12% year-on-year. The sales of non-integrated trucks were 171,700 vehicles and 160,200 vehicles, representing a year-on-year decrease of 17.71% and 18.74%.
Car analyst Jia Xinguang said that the previous government’s efforts in the retirement policy of old cars were not big enough. At present, the commercial vehicle fleet in China is about 26 million vehicles, and the annual scrap amount is 300,000-500,000, which is calculated annually. The scrap rate is only about 2%. If this is extrapolated, there are still about 5 million “highly polluting vehicles†produced at the end of the last century and the beginning of this century. Therefore, increasing the intensity of scrapping has a positive effect on energy saving and environmental protection, driving safety, and transportation efficiency.
Some industry insiders expect that the increase of 4 billion in funds will be able to promote sales of 5.6 million commercial vehicles. However, Rao Da, Secretary-General of the National Passenger Car Information Association, believes that currently the most serious commercial vehicle landslides are heavy trucks and passenger cars, but this subsidy does not include these models, and it is difficult to really make commercial vehicles go down. "I think this additional subsidy may not be used up this year," said Rao Da.
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