The government subsidizes 60 billion, more than 30 mainstream car companies: I follow!

Due to the repeated domestic new crown epidemic caused by the introduction of a more communicable variant virus, the auto market has experienced a cliff-like decline.In April 2022, China'sauto salesfell 47.6% year-on-year to 1.181 million units, hitting a record low for the same period in the past decade.

With a big wave of the country's hand, the Dragon Boat Festival holiday that just passed has become a "car buying festival" for many people.It doesn't matter if you don't make it to the holiday season, the car buying festival will continue for quite some time.

On May 31, the State Council issued the "Notice on Printing and Distributing a Package of Policies and Measures to Stabilize the Economy", which clarified that all departments should closely coordinate and cooperate to form a joint force, in accordance with the six aspects proposed in the "Package of Policies and Measures to Stabilize the Economy"33 Specific policy measures and division of labor arrangements, redeploy and promote and implement the work of this department in this field and industry.

In order to promote automobile consumption and support the development of the automobile industry, based on the above requirements, the Ministry of Finance, the State Administration of Taxation, the Ministry of Industry and Information Technology, the Ministry of Commerce and other agencies have also made detailed policy interpretations on issues such as reducing vehicle purchase tax, sending cars to the countryside, and expanding the circulation of second-hand cars.

On the same day, the Ministry of Finance and the State Administration of Taxation jointly issued an announcement stating that 2.0-liter and For passenger cars with the following displacements, the vehicle purchase tax will be halved.

At the same time, the General Office of the Ministry of Industry and Information Technology, the General Office of the Ministry of Agriculture and Rural Affairs, the General Office of the Ministry of Commerce, and the General Department of the National Energy Administration issued a notice on carrying out the 2022New Energy VehiclesGoing to the Countryside Activities, encouraging localities to introduce more support policies to promote rural charging and replacement infrastructure. building.Encourage relevant enterprises to actively participate in the "Double Product Online Shopping Festival" and various online promotions on various platforms.

Sheng Qiuping, Vice Minister of Commerce, also stated at a press conference on May 31 that it will speed up the removal of unreasonable restrictions on used car transactions, strictly implement the policy of comprehensively canceling the relocation restrictions on used cars, and promote the commercialization and scale of used cars. circulation.

According to the statistics of Yiou Automobile, within two days after the policy was released, more than 30 car companies took advantage of the purchase tax reduction and exemption to increase the discount to attract consumers.In addition, there are more than 70 models participating in the new energyvehicle going to the countryside activities in 2022,and some used car practitioners have also shown great confidence.

policy of halving the purchase tax alone is expected to bring an increase of 2 million vehicles to the Chinese auto market

According to Cui Dongshu, secretary general of the National Passenger Vehicle Information Association, the.

It will benefit 60 billion of tens of millions of people.

In 2022, the policy of halving the purchase tax of passenger cars with a displacement of 2.0 liters and below within 300,000 yuan will be the third time that China has stimulated the auto market by halving the purchase tax.Since the price of the whole vehicle seen by consumers is plus 13% value-added tax, this means that the 2.0-liter and below passenger cars with a price of less than 339,000 yuan on the market are within the scope of subsidies.

Previous policies to stimulate the auto market with purchase tax incentives have achieved significant results.Compared with the previous purchase tax preferential policy, this preferential policy changes the displacement threshold limit from 1.6L to 2.0L, covering a wider range of models.

Even if the price is limited to less than 300,000 yuan, the market size covered by this round of purchase tax preferential policies is more than 10 million vehicles

According to data released by the National Passenger Vehicle Information Association, among the 20.15 million passenger vehicles sold in 2021, fuel vehicles accounted for 86%, while models with a displacement below 2.0L accounted for 86% of the fuel vehicle market. was 84%..

According to the plan, this round of purchase tax reduction and exemption policy is expected to reduce more than 60 billion yuan.

Taking advantage of the policy of halving the purchase tax, the vast majority of independent and mainstream joint venture brands such as Great Wall, Geely, Volkswagen, and Toyota have launched extra discounts, and even some luxury brands have also participated.Subsidizing the other half of the purchase tax and allowing consumers to enjoy full purchase tax exemption has become the most important preferential method.Changan, SAIC MG and other car companies even shouted the slogan of more than 120% of the purchase tax.

In addition to the full purchase tax exemption, some car companies have also made concessions in terms of replacement, loans, insurance, and warranty.

Although the national purchase tax preferential policy will continue until the end of the year, a considerable number of car companies still set the deadline for the overweight preferential activities as June 30.On the one hand, it can allow car companies to reduce the total amount of subsidies while attracting consumers, and on the other hand, it can also allow car companies to attract more consumers' attention in the short term with their limited budgets.

Due to the extensive coverage of purchase tax subsidies, some hot-selling models are also involved.Therefore, with the decline of subsidies, some dealers have also reduced the preferential treatment of hot-selling models.For car consumers, they need to keep their eyes open to buy their car at the right price.

It is not difficult to see from the three words "purchase tax" that new energy models that do not have purchase tax at all are not affected by this policy.So, how to stimulate new energy vehicles?

More than 70 new energy vehicles will go to the countryside

According to statistics from the China Association of Automobile Manufacturers, in 2021, my country's new energy vehicle sales will be about 3.52 million, of which 1.068 million new energy vehicles will be sent to the countryside, a year-on-year increase of 169.2%, higher than the overall growth rate of the new energy vehicle market in the same period. about 10%.

A total of 26 auto companies were announced in the list of participating auto companies and models in the 2022 New Energy Vehicles Going to the Countryside event released by the Ministry of Industry and Information Technology on May 31.According to Yiou Auto,the 26 car companies involved a total of 32 car brands including independent brands and joint venture brands, and participated in more than 70 models.