The two major subsidy policies for car going to the countryside and trade-in in 2010 will continue in 2012. According to relevant sources, the relevant state departments will introduce automobile consumption to the countryside, trade-in and other incentives for consumption policies, and will be announced in the near future. The continuation of the policy will make light trucks and micro-buses the biggest beneficiaries. "Since last year, there have been rumors that the policy of car going to the countryside will continue to be implemented. From the actual sales of cars this year, the enthusiasm of ordinary people's car consumption is not high. The role of the automobile industry in stimulating domestic demand is very significant; in addition, the state is Promoting the transfer of industries to the central and western regions, including the development of the rural market in the central and western regions, does require policy promotion," said Cui Dongshu, deputy secretary general of the National Passenger Car Association.
It is reported that the car to the countryside policy to be implemented this year is mainly to promote the micro-cars below 1.3L displacement into the rural market. For the farmers to buy a car to give a 10% economic subsidy, the maximum subsidy of 5,000 yuan per vehicle. In terms of trade-in, the new policy will be implemented to replace the car with a certain range (such as selecting a specific type of car, a car for a specific service target, etc.), and encourage the promotion of urban taxis and the elimination of yellow-label vehicles.
According to data from the China Association of Automobile Manufacturers, in April this year, China's automobile sales reached 1,264,400, a decrease of 11.7% from the previous month. In the first four months, the overall sales volume decreased by 1.3% from the same period of the previous year. Xu Changming, director of the Information Resource Development Department of the National Information Center, said: "From the current situation, the downturn in the auto industry does require the promotion of relevant policies."
Compared with 2009, this round of stimulus policy is more focused on rural areas with small displacement and energy-saving models and low vehicle penetration. Therefore, light trucks and micro-customers will become the largest areas of benefit for this round of stimulus policies.
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