·Beijing continues to eliminate old car subsidies and promote the transformation of the car market

The Beijing Municipal Environmental Protection Bureau issued the "Regulations on Further Promoting the Elimination of Old Motor Vehicles in the City (2013-2014)" (hereinafter referred to as the "Program"), and will continue to intensify efforts to eliminate old Beijing motor vehicles and control motor vehicle emissions. Pollution, reduce air pollution, and continuously improve the air quality of the capital. The difference from the previous plan is that the government subsidy standard has been raised and the corporate rewards have been relaxed. This will promote the upgrading of the Beijing auto market to a certain extent, and more consumers will replace the vehicles, and more enterprises will join. In the subsidy program, thereby promoting the sale of cars.

10% of the old motor vehicles in the city have been eliminated, and the scrap rate will be increased next year.

According to data released by the Municipal Environmental Protection Bureau, from January 1, 2011 to the end of November 2012, the city eliminated 552,000 old vehicles, accounting for 10% of the city's 5.189 million vehicles. The number of old motor vehicles that were phased out after the implementation of the policy on August 1, 2011 was 458,000, which would reduce the pollution of carbon monoxide, nitrogen oxides, hydrocarbons and particulate matter emitted by motor vehicles by 160,000 tons. The elimination of old motor vehicles has played a significant role in controlling emissions and improving the environment.

According to the person in charge of the Municipal Environmental Protection Bureau, this year's phase-out focus is on the national III and previous old motor vehicles, and the promotion of more old vehicles will be accelerated. With the increase in the use of used cars around the country, Beijing used cars will turn out. The situation of more difficult circulation, so the government subsidy standards for scrapped vehicles is also raised to increase the scrap rate of old vehicles next year. The average subsidy for scrapped vehicles in the new "Proposal" has been increased from the original 4,500 yuan to 6,500 yuan, and the service life of the scrapped subsidized vehicles has been adjusted from 6-8 years and more than 8 years to 6-10 years and more than 10 years. For a car that is 9 years old, the subsidy for the current program is 4,500 yuan, but after the implementation of the new "plan", it will receive a government subsidy of 7,000 yuan. This will promote the scrap rate of old vehicles to a certain extent.

It is understood that the current program as of the end of November, the old motor vehicle scrap rate is 10%, the person in charge of the Municipal Environmental Protection Bureau said that after the implementation of the new "Program", it is expected that the scrap rate of old vehicles will increase to 20%-30% next year.

Increased subsidies for the new "Program" will promote car replacement and promote new car sales

It is understood that as the current old car elimination plan will be completed at the end of December, the new "plan" has not been announced, Beijing 1 old-for-new ratio increased from 55.4% in October to 60.4% in November, Beijing's new car sales rebounded sharply in November, 50,500 vehicles. This shows that the policy subsidy is stimulating the Beijing auto market.

The data released by the Municipal Environmental Protection Bureau also shows that car owners and enterprises recognize the elimination of old cars. From the implementation of the policy to the end of November, a total of 254,000 car owners received government subsidies; 1.05 billion yuan of government subsidies were distributed; 46 auto companies participated in the elimination of renewal rewards, and a total of 2262 new car models were announced, while old car replacements would not Increasing the number of cars in Beijing has stimulated new car transactions.

The new "Program" has relaxed the corporate rewards, which will attract more hot sales and economic models. According to the person in charge of the Municipal Environmental Protection Bureau, as long as the reward range of the enterprise is not lower than the standards set by the government, the subsidy standard can be specified by itself. This will attract more hot-selling and promotional models into the platform and expand the range of car owners' choices. Will drive more car replacement and new car sales. Under the premise of keeping the car purchase policy in Beijing, the replacement business has become a sales growth point that can not be ignored in the Beijing auto market, and the Beijing auto market will transform into the era of redemption.

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