Purchase tax by half booster October automobile emergency push small-displacement car prices

Posted on 10/29/2015 10:11:56 AM

Recently, the "Daily Economic News" reporter from the National Passenger Car Market Information Co learned, retail passenger car market is expected to reach 12 percent in October year on year growth in wholesale volume will be substantially improved.
Reporters also learned that, in addition to car prices positive impulse in sales, but since the beginning of October 1.6L passenger car purchase tax by half execution policy, has become one of the key factors driving the automobile market to pick up.
National Passenger Car Market Information Co statistics show that 20 days ago in October, car sales 1.6L or less accounted for 81.2% of total car sales in the same period, the proportion increased significantly.
In inclined stimulate sales, individual enterprises have begun to move the car. In fact, this is valid since October 2015 and throughout 2016 the purchase tax incentives, since a long time, has attracted including Dongfeng Yueda Kia, Dongfeng Fengshen, Beijing Hyundai and a number of car prices, ready for its Key product plus push 1.6L and below displacement models.
Favorable policies to stimulate the auto market
By the Federation is expected in October this year, the amount of cars is expected to achieve 12% of retail sales rose, according to previously released by the Federation of 1.709 million passenger car market in September retail sales volume, which means that October retail sales of passenger cars sales are expected to reach 1.91 million, if the end is achieved, this will be the monthly sales after monthly sales data in January of this year. "Daily Economic News" reporter learned that, since early October started purchase tax relief policy is an important driving force. September 29, the State Council decided ended October 1, 2015 until December 31, 2016, for the purchase of 1.6 liters and below passenger car emissions reduced rate of 5% tax rate levied vehicle purchase tax, the tax ratio It had decreased by half.
The macroeconomic policy has been on sales in October passenger car market has played a large role in promoting.
According to statistics by the Federation, October 1 to 20, a total of 789,000 cars sold, including displacement of 1.6 liters and below 640,000 cars, an increase of 22.5% over the same period accounted for 81.2% of total car sales. Prior to September, sales of the following products 1.6L passenger car sales in the proportion of 67.7%.
In addition, driven by policy, 20 days ago in October, 1.6L passenger car sales increased by 3 percentage points over the same period last year, the chain is a substantial increase in September this year by 5.1 percentage points.
"Purchase tax by half the proportion of the sales policy would affect different displacement style models." The Secretary-General Choi Dong-tree by the Federation told reporters, in this case, the difference between sales "because there are no competing products will be 1.6L or less displacement of the car models and change. "
In this context, some car prices have begun to overweight layout 1.6L following products.
Car prices push 1.6L following products
"Dongfeng Yueda Kia models in the sale, 1.6L displacement following products have eight." KIA responsible person to the "Daily Economic News" reporter, said, "We will increase investment in these models. "
With the purchase tax cuts to promote the role of the market gradually revealed, car prices have begun for the following displacement 1.6L products "targeted." "We want to increase the 1.4T version launch AX7." Passenger general manager of Dongfeng Chunrong to the "Daily Economic News" reporter, said, "This is for halving purchase tax policy to make adjustments."
Not just Dongfeng Passenger, reporters learned that, due to the displacement below 1.6L passenger car purchase tax policy implementation period up to 15 months, the number of car prices has begun selling its products or preparations for key models 1.6 L displacement of the corresponding products.
It is understood that, in addition to Dongfeng Passenger Vehicle, the Beijing Hyundai will also have its several important products, including the ninth generation Sonata sedan, SUV Tucson and other new products will increase the proportion of 1.6T models, according to the modern Beijing is expected this Both models 1.6T version will achieve a higher proportion of sales, after the proportion is expected to be 70%.
In addition, media reports said, the Beijing Hyundai name Figure 1.6T version of the model will increase.
KIA responsible person also told reporters that the following SUV 1.6L displacement will increase product launches in the future. "Purchase tax preferential policies for SUV market will bring a significant impact." Choi Dong-tree, he told reporters, because the price at the same level SUV products is generally higher than the car, so the impact on the price of purchase tax relief SUV product is more obvious, In addition, the SUV market, especially the rapid growth of this small SUV, SUV sales following displacement 1.6L can be a greater drive.

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