A few days ago, Qingdao issued a news release saying that consumers can enjoy a one-time subsidy of 3,000 yuan to 10,000 yuan when they buy a car, according to different price points of different models.
The brokerage China reporter noted that many cities have recently introduced similar policies to stimulate auto consumption. Yiwu, Zhejiang Province, launched up to 10,000 yuan of new energy vehicle purchase subsidies; Shenyang, Liaoning Province, launched up to 5,000 yuan of car purchase subsidies; Tianjin, a number of districts to issue up to 5,000 yuan per car consumption vouchers and so on.
In the first four months of this year, auto sales were less than ideal. The data released by the passenger association shows that from January to April car sales of 7.691 million, down 12.1% year-on-year; commercial vehicles 1.181 million, down 39.8% year-on-year. The State Council executive meeting recently proposed to encourage bulk consumption of automobiles and home appliances.
The brokerage report that the first quarter of 2022 by the U.S.-Russia war, the domestic epidemic and other factors, the performance of the automotive industry is temporarily down, is expected to normalize the prevention and control of domestic epidemics and the introduction of local stimulus consumption policies, the automotive industry is expected to gradually improve.
Qingdao car purchase enjoy three thousand to ten thousand yuan subsidies
May 20, according to Qingdao released news, Qingdao will be May 21 to October 31 this year, in the city to carry out "billion Qingdao hi enjoy life" theme of consumer activities. Qingdao City will coordinate 267 million yuan of funds from all sectors of society and all districts (cities), and will issue more than 3 million vouchers on a rolling basis during the campaign period.
It is understood that there are six kinds of consumer vouchers*** issued in this activity. In terms of types covering home appliances, retail, catering, automobile, beer festival, online platform and other industries and fields. Consumers can enjoy a one-time subsidy of 3,000 yuan to 10,000 yuan when purchasing a car, according to different models at different price points. The issuance of automobile consumption vouchers, which is currently being refined and perfected, will be launched in the near future to make it more convenient for the public's car-buying needs. The launch will be released specifically.
It is reported that the rules for the issuance of vouchers are "first-come-first-served, until the end of the collar, the deadline for consumption, and then retrieved", and are valid for 7 days after receipt. You can get them for free through the cloud flash payment APP consumption coupon area, unused consumption coupons expired system automatically recovered, and in the next cycle rolling release, other consumers can continue to receive and use.
Many places are subsidizing auto consumption
The brokerage house reporter noted that Qingdao is not alone, Changchun, Zhejiang and other places have also introduced similar subsidy policies to stimulate auto consumption.
The Changchun municipal government has issued a total of 50 million yuan in auto consumption subsidies since May 21, 2022 (the time of the purchase invoice), on a first-come, first-served basis while supplies last. Activity period, individual consumers in Changchun City, limited to car sales enterprises to buy more than 50,000 yuan (including) passenger cars, micro or light trucks (non-operating vehicles, including new energy vehicle purchases, excluding second-hand car transactions) individual consumers (household registration is not limited), the purchase of vehicles need to be registered in the city's public security traffic control department for the registration of registration procedures, you can apply for automobile consumption subsidies in Changchun City.
According to the purchase invoice amount of subsidies are divided into three classes, each class can be in the consumer coupons (home appliances, automotive interior, automotive maintenance full credit) and reduce the subsidy between the two choose one, new energy vehicles on the basis of the more than 1,000 yuan of subsidies for each class of consumer vouchers or reduce the subsidy, the specific standards are as follows.
In addition, Yiwu, Zhejiang Province, launched up to 10,000 yuan of new energy vehicle purchase subsidies; Shenyang, Liaoning Province, launched up to 5,000 yuan of car purchase subsidies; Tianjin, a number of districts to issue a maximum of 5,000 yuan/vehicle automobile consumption vouchers; Haikou, Hainan, launched up to 5,000 yuan of car purchase subsidies; Shandong Province, new energy vehicle purchase subsidy policy was extended to the end of 2022. Qualified non-public **** field of new energy vehicles up to 50,400 yuan / vehicle, public **** field of new energy vehicles up to 64,800 yuan / vehicle subsidy; Jiangxi set up a car purchase lottery pool, a total of 46 million, plans to award 7,700, the highest award of 50,000 yuan; Nanchang, Jiangxi launched a total of 3 million yuan, up to 3,000 yuan / vehicle car purchase subsidies. In addition, the car to the countryside policy also has greater expectations will be landing in the near future, the new energy vehicle purchase tax exemption policy is also likely to get an extension.
It is understood that in April, the State Council executive meeting put forward to encourage automobiles, home appliances and other bulk consumption; the General Office of the State Council issued the "on the further release of consumption potential to promote the views of the sustained recovery of consumption," to encourage conditional areas to carry out new energy vehicles to the countryside.
Recently, the passenger association released data showing that in April car sales of 1.181 million, down 47.6% year-on-year; new energy commercial vehicles 19,000, up 38.8% year-on-year, the penetration rate of 8.8%, a record high.1-April automobile sales of 7.691 million, a year-on-year decline of 12.1%; commercial vehicles 1.181 million, a year-on-year decline of 39.8%; new energy commercial vehicles 68,000, up 77.1% year-on-year, penetration rate of 5.8%.
Automotive industry is expected to gradually improve
Wanlian Securities said that in 2021, even in the lack of core and raw material prices and other unfavorable factors, the performance of the automotive industry is still growing well, which passenger cars, auto parts industry performance is better. 2022 quarter by the U.S.-Russia war, domestic epidemics, and other factors, the automotive industry The performance of the temporary decline, is expected with the normalization of the domestic epidemic prevention and control and the introduction of local policies to stimulate consumption, the automotive industry is expected to gradually improve.
Wanlian Securities believes that the impact of the epidemic is expected to weaken, coupled with signs of inflection point in raw material prices, and local governments have introduced policies to stimulate automotive consumption, is expected to increase investment opportunities in the automotive industry, and it is recommended that we focus on the following sectors.
First of all, the passenger car segment, passenger car production and sales volume is expected to drive the passenger car business performance rebound. Secondly, the segments of high-quality parts suppliers, parts and components companies relative to the downstream vehicle to have a stronger toughness and higher growth, with the rebound in vehicle production and sales, parts and components companies orders are expected to continue to grow, while the medium and long term facing the "new four" industrial change, prospective layout of the growth of high-quality parts and components companies are in the harvest period. In the harvest period, it is recommended to choose lightweight, electrification, intelligence, network connectivity high boom track of high-quality parts and components companies.
The first securities report said, 2022 auto industry by the epidemic impact is heavier, the State Council document twice mentioned to encourage cars to the countryside since March this year, the automotive industry by the epidemic impact is greater, with the Shanghai epidemic serious, since April, the severity of the decline in sales is greater than the impact of the economic crisis in 2008. At present, the domestic rural residents consumption and income growth rate is higher than urban residents, with greater potential. Effective and precise industry stimulus policies are expected to boost demand in the automotive industry.
The automotive industry has significant allocation value. In the short term, manufacturing supply perspective, with the effective resumption of work and production in and around Shanghai, the worst moment has passed, with the policy stimulus, the resumption of social and economic activities due to the epidemic link, automotive demand is expected to be significantly restored.
Minsheng Securities reported that 2022 for the automotive industry long and short cycle **** vibration important inflection point of the year, is expected to open a new round of industry cycle recovery behind. Short-term epidemic to industry sales in April under pressure, the resumption of production and work is expected, the automotive sector is expected to open the recovery based on the expectation of the oversold rebound, along with the normalization of supply, as well as the industry's reported performance of earnings downward revision, the follow-up follow-up focus on the demand side of the demand side of the occurrence of a similar 2020 epidemic after the phenomenon of "catching up with the work", which determines the automobile This determines the automobile plate after the overshooting rebound rebound space and continuity.
Minsheng Securities suggests paying attention to the systematic allocation opportunities in the passenger car sector before and after the recovery period is confirmed. The core of this cycle is the intelligent track, and it is recommended to pay attention to the core track of wire control chassis and domain controller.