Cars trade out of new listed companies to benefit from a number of listed companies

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Yesterday, the Shanghai Securities News reporter learned that the Ministry of Commerce has formulated a preliminary draft of the implementation rules for the replacement of vehicles, and will be introduced as soon as possible after the relevant departments have signed and approved. The rules will simplify the trade-in procedures and shorten the time for consumers to receive subsidies.

Analysts believe that due to the full expansion of the scope of the subsidy to medium, light, micro-vehicles and some medium-sized passenger cars, the introduction of this rule will, to a certain extent, promote the mid-size sedan market and the weak commercial vehicle market.

Yesterday, the reporter learned that a week

The former Ministry of Commerce has formulated a preliminary draft of the implementation rules for the replacement of vehicles. Recently, Yao Jian, spokesperson for the Ministry of Commerce, also pointed out that on the basis of home appliances to the countryside, it is necessary to further realize the trade-in of home appliances and automobiles. The current policy is being formulated and will be introduced as soon as possible after further improvement.

When asked about the introduction of a trade-in replacement, the person familiar with the matter disclosed that “it is necessary for the Development and Reform Commission, the Ministry of Finance, the Ministry of Commerce, the Ministry of Industry and Information Technology, and the Ministry of Environmental Protection to pass unanimously and submit it to the competent national authority for approval. It will be formally released to the public." Prior to this, the relevant person in charge of the Ministry of Commerce's Market Construction Department stated that the implementation rules for the vehicle replacement method will surely be implemented this year.

According to the person familiar with the matter, the first draft of the TM implementation regulations mainly included a series of specific contents such as “what procedures do the consumers need to do when they trade in new products in order to get a subsidy?”. The "Implementation Plan for Promoting the Expansion of Domestic Demand and Encouraging the Replacement of Old-New-for-Home Appliances" announced on June 1 this year stipulates that "medium, light, micro-duty trucks and some medium-sized passenger vehicles that meet certain service life requirements will be scrapped and redeemed in advance. If a new car, or a petrol vehicle that fails to meet the national I standard for advanced emission of pollutants and a diesel vehicle that fails to meet the National III standard, is replaced with a single car purchase tax for the same type in principle, the new car will be redeemed. Subsidy: This year, the central government will increase the retirement subsidies for old cars from 1 billion yuan to 5 billion yuan.” As the relevant person in charge of the Ministry of Commerce’s Market Construction Department stated earlier, the local government can fine-tune the vehicle replacement program according to the actual situation. In June, Shanghai and Henan Province successively issued and formulated relevant rules. Among them, after the "Interim Measures for Encouraging Older Cars to Eliminate Renewal Subsidy" was launched on June 1, Shanghai, mid-size cars became replacement hotspots. The first single-for-new one in Shanghai is to replace old Poussin cars with new ones.

Yesterday, Luo Lei, deputy secretary-general of the China Circulation Association pointed out that after the introduction of the TMRS implementation regulations, it will be beneficial to weak commercial vehicles, especially light trucks and medium-sized passenger vehicles will be the biggest beneficiaries; according to the fine-tuning policies of the local government, consumption The upgrade also extends to the mid-size sedan market. Guoxin Junan Automotive Analyst Zhang Xin pointed out that "Intermediate vehicles with a displacement of 1.6 to 2 liters will benefit from it." Yesterday, Shanghai Automotive and FAW Cars topped the list as some of their subsidiary's main models were in this range. Commercial vehicle companies Jiangling Motors, JAC Motors, and Dongfeng Motors will benefit.


View related topics: "new trade-in" stimulates the development of commercial vehicle market