Facing the depressed automobile market, guangdong issued new policies to systematically optimize new energy vehicles, automobile consumption environment, second-hand car market and other aspects, including proposing to gradually relax the license plate lottery and auction indicators in guangzhou and shenzhen.
　　Guangdong car market is ushered in a major positive, a series of policies will stimulate car consumption.
　　On May 28, China business news (CBN) learned that guangdong issued the "implementation plan for improving the consumption system and mechanism of guangdong province" (hereinafter referred to as the "implementation plan") on the night of yesterday. Among them, the automobile sector is the biggest gainer. The implementation plan systematically optimizes new energy vehicles, automobile consumption environment, second-hand car market and other aspects. The pearl river delta region allows mutual transfer, in a certain transitional period of vehicle emission limits can be implemented five standards.
　　Sui shen relax license plate lottery auction indicators, heavy New Deal to stimulate the car market
　　Both the new car market and the second-hand car market, the consumption environment has been optimized, guangdong A, guangdong B license index will be less difficult to obtain, guangzhou, shenzhen to expand the scale of quasi purchase, and other cities in guangdong can not be issued car purchase restrictions. At the same time, the circulation of second-hand cars is further accelerated to release the consumption potential of trade-in. Many automakers believe the plan will help boost consumption.
　　Most notably, guangzhou and shenzhen have relaxed quotas on car Numbers and bidding in the two cities, which are thought to have boosted the supply side. The relevant person in charge of A guangzhou Japanese automakers dealer to accept the first financial daily, said in an interview in guangzhou since beginning in July 2012 the implementation of auto purchase, after sales surge fizzled, year by year last year due to the market downturn, the 4 s store sales can only be flat with the previous year, this year by measures such as depreciate sales promotion, also is only slightly increase, in the case of the overall market decline in double digits, auto dealers, very not easy, and guangdong's New Deal, to boost consumption, not only is guangdong A licence indicators for difficulty will reduce the, the good "implementation plan" also simplify the procedure of second-hand car trading, It will also help consumers trade in their old cars for new ones, leading to new car purchases.
　　According to the guangdong provincial department of commerce, the number of car ownership in the province reached 21.16 million in 2018, up 1.72 percent year-on-year and higher than the national growth rate. The provincial retail sales volume of automobile above designated units reached 451.388 billion yuan, accounting for more than 1/3 of the provincial retail sales volume.
　　Guangzhou, shenzhen, foshan and dongguan are the major automobile markets in guangdong, with more than 10 million vehicles in these four cities. And guangzhou, shenzhen implements car to buy limitation successively. Guangzhou auto purchase limit policy was implemented in July 2012, with a 12-month allocation period and a quota of 120,000 for each cycle. At the end of 2014, shenzhen followed up the implementation of purchase restriction policy, stipulating that the incremental index is also a 12-month allocation cycle, and the incremental index of ordinary cars is 100,000 within each cycle. Car consumption in guangzhou and shenzhen has been affected to some extent since the purchase restriction. Annual car sales in guangzhou, for example, were subsequently overtaken by non-restricted cities such as dongguan.
　　Cheng gang, deputy general manager of guangwu automobile trade group, a large distributor in guangdong, said that relaxing the quota of automobile number lottery and bidding in guangzhou and shenzhen is equivalent to increasing the supply side. And enlarged quasi - purchase scale, will also stimulate part of the potential consumption force into the market. This will continue to adjust the car market, will play a direct pull effect.
　　At the same time, the "implementation plan" clearly proposed to improve the second-hand car consumption market, simplify the second-hand car trading procedures, the location of the transaction can directly deal with the transfer of registration procedures, to promote the province's electronic transfer of motor vehicle records; Pearl river delta region within the transfer, in a certain transitional period can be implemented five standards.
　　Yan fei, director of the guangdong automobile circulation association, said that the pearl river delta region has implemented the national five standards for mutual relocation, which is very important for activating the second-hand car market. The key is the circulation of goods. According to the new regulation, the second-hand car market will be less affected after the implementation of the new standards in the next six countries.
　　The implementation plan in guangdong will be followed by similar policies in other provinces and cities, especially those that restrict car purchases. At present, the overall situation of China's auto market is not optimistic. It has been in a downturn since the first negative growth in 28 years in 2018. According to the statistics of China association of automobile manufacturers, in April 2019, the overall production and sales data of domestic automobiles both showed a significant year-on-year and month-on-month decline. The production and sales of passenger cars decreased significantly, while the sales of commercial vehicles only increased a little year-on-year. From January to April, the decline trend of automobile production and sales is more significant than that from January to march, and passenger cars still show a declining state. From January to April, a total of 6,837,600 passenger cars were sold, down 14.65 percent year-on-year.
　　Source: China business news (dongguan oneness filtration technology co., LTD.?)