Automobile trade-in policy expects light trucks to benefit the most

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The micro-customers in the automobile-to-country policy benefited the most, but the benefit of light trucks was not obvious. This trade-in policy is expected to stimulate demand for light trucks. In light of the auto-to-country policy, light trucks involve redemption, etc. They do not receive subsidy as if they were bought directly, and the procedures are relatively simple. Therefore, the light trucks benefit from the auto-to-country policy is not obvious. From January to April 2009, the sales volume of light trucks was 485,600, an increase of only 3% year-on-year, while micro-customer sales increased by more than 40% year-on-year; the policy did not have substantial stimulatory effect on them. Judging from this vehicle replacement policy, the involved models include Zhongka, light trucks, micro-cards and Zhongke; among these models, light trucks are expected to be scrapped in advance and replaced with new cars due to the lower average price of light-duty bicycles and a higher proportion of light truck sales and sales revenue. Larger proportion.

Focusing on light trucks, light trucks, and parts and passenger cars, considering the safety and benefit level of the valuations of related companies, the ordering of finished vehicles is Dongfeng Motor (the Company's headquarters light truck benefits, and subsidiary Dongfeng Cummins mainly provides support for the Group's medium and heavy trucks. For the release of the demand for China Card, please refer to our previous report on the report of Dongfeng Motor, Futian Automobile, Jianghuai Automobile, and Jiangling Motors; the ordering of parts and components is Shuguang and Yunnei. The bus company mainly recommends Yutong buses.
View related topics: "new trade-in" stimulates the development of commercial vehicle market


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